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Drake Software blog for tax pros, covering tax, IRS news, and more

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Treasury Agents Arrest Five for Phone Scam

Taxing Subjects - June 09, 2016
Treasury Agents Arrest Five for Phone Scam

Five suspects were taken into custody by federal agents May 23 in Miami, Florida for their participation in a telephone scam against taxpayers. J. Russell George, Treasury Inspector General for Tax…

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Treasury Updates Final Regulations Governing Written Advice

admin taxing_subjects - June 20, 2014
Treasury Updates Final Regulations Governing Written Advice

Treasury Updates Final Regulations Governing Written Advice  The Regulations revise the requirements for those who practice before the IRS with regard to written advice, and updates other related…

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Accounting Fraud and Waste Is Standard Procedure at the Pentagon

admin taxing_subjects - November 21, 2013
Accounting Fraud and Waste Is Standard Procedure at the Pentagon

Accounting Fraud and Waste Is Standard Procedure at the Pentagon The Pentagon routinely commits accounting fraud in order to balance its books with the U.S. Treasury's, according to a new report from…

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Worldwide identity thieves steal millions in tax refunds

admin taxing_subjects - November 17, 2013
Worldwide identity thieves steal millions in tax refunds

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…

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IRS Sent Refunds to 'Unauthorized' Workers

admin taxing_subjects - July 25, 2013
IRS Sent Refunds to 'Unauthorized' Workers

In what appears to be a significant oversight, the Internal Revenue Service sent a total of $46,378,040 in refunds to "unauthorized" workers at one address in Atlanta, Ga...…

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