Drake Software blog for tax pros, covering tax, IRS news, and more
Information for Employers About Their Responsibilities Under the Affordable Care Act If you are an employer, the number of employees in your business will affect what you need to know about the…
Read more about Information for Employers about Their Responsibilities Under the Affordable Care Act
New Rules Allow DeductionsRegulations issued under T.D. 9696 finalize rules the IRS put into effect in 2012 allowing employees to deduct certain expenses paid or incurred for local lodging as business…
Read more about IRS Allows Deduction for Local Lodging Expenses
ACA Credits Could Mean Lower Tax RefundsThe Affordable Care Act (ACA) is already proving to be confusing and costly for consumers, with widespread premium increases and plan cancellations. Now, the…
Facing Challenges - Creating SolutionsThe Challenge: Melding two management styles and different levels of experience into a single, client-focused tax practice.The Solution: Recognizing that clients…
Drake Software e-SignatureAs a tax preparer, do you think about the time it takes to sign returns and other documents? They are, after all, just signatures. But multiply those legal signatures across…
That’s the question posed on the news magazine and hidden camera television show of the same name.Broadcast on ABC News since 2008 as part of the Primetime series, and hosted by newsman John Quiñones,…
Statistics of IncomeThe Internal Revenue Service today announced the availability of Statistics of Income—2012,Individual Income Tax Returns Complete Report (Publication 1304). U.S. taxpayers filed…
Read more about IRS: Publication 1304 (Individual Tax Stats) For 2012 Now Available
Whether Seasonal or Year-Round PracticeWhether you have a seasonal tax practice or a year-round practice geared primarily toward tax preparation, staying in touch with your clients during the…
NATP’s Annual Tax Software Survey The National Association of Tax Preparers (NATP) has released its annual survey of tax preparation software, “Sorting Out Software.” The NATP survey used a different…
It is the proper reporting of wages to a domestic employee. A domestic employee is someone that you employee to work in or around your home. This can include individuals who are gardeners, landscapers, housekeepers, maids, caregivers, and even your handyman. For our discussion, let’s limit this to caregivers.…
