Drake Software blog for tax pros, covering tax, IRS news, and more
Criticism Mounts over New Accounting Rules for Leases Companies are pushing back against a proposed overhaul of accounting rules for leases that could add hundreds of billions of dollars in debt to…
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Webinar Offerings For CPE Credit in OctoberBy Christine Reynolds Each year, Drake Software offers an expansive schedule of training programs and webinars designed to help our customers keep pace with…
Treasury Inspector General: Crack Down on Tax Preparers The Treasury Inspector General for Tax Administration (TIGTA) says the IRS has to do a better job of policing paid tax return preparers. And…
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Finance Career Track Changing Dramatically The classic career path from staff accountant to Chief Financial Officer (CFO) is coming to an end, according to a new report from the Association of…
New York State Proposes to Regulate Tax Return Preparers Stepping into the void left when a federal court threw out the IRS’s registered tax return preparer program, the New York State Department of…
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IRS Rides 1884 'dead horse' Law to Defense of Tax Preparer Rules WASHINGTON (Reuters) - The Obama administration defended its effort to regulate the tax return preparation business for the first time…
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IRS Operations During The Government Shutdown Due to the current lapse in appropriations, IRS operations are limited. However, the underlying tax law remains in effect, and all taxpayers should…
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Views From The trade Show FloorBy Chip GodwinIn my 15 years with Drake Software, I’ve come to learn that our customers are pretty candid about their concerns – both with the industry, and with our…
Report: Budget Cuts Hurt Tax Collections by IRS Collections from delinquent taxpayers dropped for the second straight year in 2012, due in part to budget cuts at the Internal Revenue Service, the…
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IRS officials thought Obama wanted crackdown on tea party groups, worried about negative press The Washington Times reports today that IRS employees were “acutely” aware in 2010 that President Obama…
