Drake Software blog for tax pros, covering tax, IRS news, and more
It’s official: the gates are open; the race is on. Tax season for 2022 is officially underway.The IRS kicked off this year’s filing season urging taxpayers to help them get refunds out faster this…
Read more about IRS Opens Tax Season with Tips for Faster Refunds
Filing season is finally here and for many tax professionals, the watchwords are speed and accuracy. The Internal Revenue Service says it can help with both.…
Read more about Want Faster Filing and Rapid Refunds? Go Digital
The Internal Revenue Service closed out the week by reminding taxpayers that receiving a tax refund by direct deposit is faster and more flexible than traditional paper checks, even for those who do not currently have a bank account.…
Read more about IRS Recommends Direct Deposit for Fast and Flexible Tax Refunds
Taxing Subjects has another filing season update on the latest episode of the Taxing Subjects Podcast.…
Read more about Taxing Subjects on Tax Season Stats, Virtual Currency, and More – E42
Today, the IRS released another "Tax Time Guide" aiming to streamline filing season. The press release advises taxpayers to check "Where's My Refund?" for information regarding their tax return;…
Read more about IRS Service Updates Refund Status via Website, App
WASHINGTON — Almost 40 million tax refunds worth nearly $125 billion have been issued as of Feb. 20, according to Internal Revenue Service statistics released yesterday. The average refund is…
Americans Will Use Tax Refunds For ExpensesA survey of adult American taxpayers notes that 52 percent of Americans will spend their annual tax refund on necessary expenses such as loans, credit cards…
Worldwide Identity Thieves Steal Millions in Tax Refunds In this May 8, 2008, file photo, blank U.S. Treasury checks are seen on an idle press at the Philadelphia Regional Financial Center, which…
Read more about Worldwide identity thieves steal millions in tax refunds
