Drake Software blog for tax pros, covering tax, IRS news, and more
WASHINGTON — The Internal Revenue Service today said avoiding taxes by hiding money or assets in unreported offshore accounts remains on its annual list of tax scams known as the “Dirty Dozen” for the…
WASHINGTON — The Internal Revenue Service today warned taxpayers to be on the lookout for unscrupulous return preparers, one of the most common “Dirty Dozen” tax scams seen during tax season. The vast…
Read more about Press Release: Return Preparer Fraud Hits IRS Annual “Dirty Dozen” List of Tax Scams
WASHINGTON — The Internal Revenue Service issued a filing season alert warning taxpayers to watch out for identity theft at tax time, one of the year’s “Dirty Dozen” tax scams. The IRS continues to…
Read more about Press Release: Identity Theft a Major Concern on the IRS Annual “Dirty Dozen” List
WASHINGTON — The Internal Revenue Service today warned taxpayers to watch out for fake emails or websites looking to steal personal information. These “phishing” schemes continue to be on the annual…
In its 2014 annual survey, Sorting Out Software, the National Association of Tax Preparers (NATP) rated, among other things, how well each software package performed in converting client data from…
The IRS is offering some relief to taxpayers trying to reconcile their 2014 income tax return with a surplus of advance health insurance premium tax credits. The agency this week offered some relief…
Read more about Press Release: Administration Offers Relief From ACA Penalties; More Relief Planned
Notice 2015-09 provides limited relief for taxpayers who have a balance due on their 2014 income tax return as a result of reconciling advance payments of the premium tax credit against the premium…
Read more about IRS Notices and Guidance #2015-09 and #2019-03
WASHINGTON—The Internal Revenue Service today announced the launch of a new, online public directory of tax return preparers. This searchable directory on IRS.gov will help taxpayers find a tax…
The IRS has issued its annual list of the 12 top scams directed at consumers.Compiled annually, the “Dirty Dozen” lists a variety of common scams that taxpayers may encounter any time, but which tend…
[Note: Taxing Subjects normally focuses on issues related to management of tax and accounting services rather than internal procedures of the IRS. However, this item may have a direct bearing on how…
Read more about IRS Hires Tech Firm That Bungled ObamaCare Web Site
