Drake Software blog for tax pros, covering tax, IRS news, and more
The Internal Revenue Service today recommended that taxpayers with an expiring Individual Taxpayer Identification Number renew it early to make sure their tax year 2020 refund isn’t delayed.…
An audit by the Treasury Inspector General for Tax Administration (TIGTA) has found that nearly 10,000 new tax-exempt organizations failed to follow federal law to notify the IRS of their formation.…
Read more about Thousands of New Non-Profits Not Following Federal Law
A certification deadline is just days away for the Work Opportunity Tax Credit (WOTC), and that has spurred the Internal Revenue Service to urge employers to certify their new hires who qualify -…
Read more about Employers Urged to Take Advantage of Work Opportunity Tax Credit
