Drake Software blog for tax pros, covering tax, IRS news, and more
Filing season has just begun, and scammers are already trying to make life miserable for everyone else. While this isn’t a shocking turn for anyone who has been paying attention to the evolution of identity theft tax refund fraud, it’s a problem that everyone needs to be aware of nonetheless.…
A new report gives the Internal Revenue Service high marks for the steps taken in the fight against refund fraud and identity theft tax refund fraud. But despite the large gains made against criminal efforts, the report adds that there’s no time to rest on one’s laurels.…
Read more about Refund Fraud is Evolving, Inspector General Finds
This audit looked specifically at whether the IRS is effectively addressing high-income nonfilers and if the agency’s new nonfiler strategy includes wealthy nonfilers.…
Read more about TIGTA Finds Lapse in High-Income Nonfiler Audits
The Inspector General’s auditors looked at 49 vouchers from the 2018 fiscal year that included expenses from undercover travel.…
A recent audit is pointing up the need for additional attention from the IRS on just how taxes are collected from an emerging sector of the economy: the marijuana industry.…
Read more about What will Keep Marijuana Taxes from Going up in Smoke?
The Internal Revenue Service is reminding the nation’s tax professionals that, by the end of 2019, the IRS’ Cincinnati Tax Processing Center will be closed.…
Read more about Cincinnati Tax Processing Center to Be Closed
A three-year federal investigation ended recently with the indictments and arrests of 56 people in the U.S. and India who are accused of running a major IRS-impersonation phone scam. Five call centers were raided in India with the cooperation of the Indian authorities.…
Read more about Bust on Scammers in India Wins Praise from Inspector General
An audit by the Treasury Inspector General for Tax Administration (TIGTA) shows that a lack of enforcement by the Internal Revenue Service allows billions in income to go untaxed.…
Read more about Lack of Enforcement Allows Billions to Slip by IRS
If the Internal Revenue Service needed additional support for its announced push to improve its online security, it got just that from a recent audit. The Treasury Inspector General for Tax…
Read more about IRS Gets More Backing for Improved Cyber Security
