![2021 Tax Filing Statistics [Infographic]](/media/2956/2021-tax-filing-statistics-infographic.jpg?anchor=center&mode=crop&width=1024&height=576&rnd=132865528660000000)
Every year, Drake Software uses Internal Revenue Service statistics to create an infographic highlighting important tax-filing information gathered throughout the year. For example, last year saw taxpayers increasingly turn to do-it-yourself platforms when it was time to file their federal tax return.…
The Internal Revenue Service is doing a little extra to help those taxpayers who have suffered from the wildfires in California. The agency is pushing back the deadlines for filing and paying various individual tax returns to January 3.…
Tax professionals across the country endured a unique set of challenges during filing season in 2020. Normally, preparers worry about things like last-minute changes in tax law, seasonal staff, and procrastinating clients, but a once-in-a-century deadly pandemic added state-mandated social distancing protocols, office PPE supplies, telework, and Economic Impact Payments to an already long list.…
The Internal Revenue Service is making good on its pledge to provide information and assistance to underserved communities. The agency has now made two publications that are key to tax professionals available in Spanish.…
Read more about Two Key Publications Now Available in Spanish
A new notice from the Internal Revenue Service gives companies that make and sell sport fishing or archery equipment more time to pay their quarterly excise taxes.…
Read more about IRS Gives Extra Line to Sport Fishing, Archery Equipment Companies
Tax professionals are being warned about a phishing scam aimed at them that poses as a chummy message from the Internal Revenue Service. This new email threat starts with a bogus email message carrying the title “Security Awareness for Tax Professionals.” The “From” line is “Your e-Services Team.”…
Taking their lead from the Federal Emergency Management Agency (FEMA), the Internal Revenue Service has expanded its tax relief measures along with the Hurricane Matthew disaster declaration area.…
Read more about Hurricane Tax Relief Expanded to Four States
