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

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March 17 Business Filing Deadline – 5 Quick Reminders

admin taxing_subjects - March 10, 2014
March 17 Business Filing Deadline – 5 Quick Reminders

March 17 Business Filing Deadline – 5 Quick RemindersThe filing deadline for business returns is a week away!  This year, since March 15 falls on a Saturday, the filing deadline becomes the next…

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Termination III – Firing clients

admin taxing_subjects - February 18, 2014
Termination III – Firing clients

Termination III – Firing clientsBy James StorkVP of Education, Drake Software Sooner or later, every firm has to fire a client. That’s counter-intuitive, because one of the most powerful tenets in…

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National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Taxpayer Bill of Rights and IRS Funding

admin taxing_subjects - January 09, 2014
National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Taxpayer Bill of Rights and IRS Funding

National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Taxpayer Bill of Rights and IRS FundingWASHINGTON — National Taxpayer Advocate Nina E. Olson today released her 2013 annual…

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Some IRS Assistance and Taxpayer Services Shift to Automated Resources

admin taxing_subjects - December 31, 2013
Some IRS Assistance and Taxpayer Services Shift to Automated Resources

Some IRS Assistance and Taxpayer Services Shift to Automated Resources Given available resources and shifting taxpayer demands, the IRS will be making a number of taxpayer service changes for the 2014…

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PCAOB Offers Firms Advice on Fixing Audit Quality Problems

admin taxing_subjects - November 22, 2013
PCAOB Offers Firms Advice on Fixing Audit Quality Problems

PCAOB Offers Firms Advice on Fixing Audit Quality Problems The Public Company Accounting Oversight Board has added a page to its Web site to provide information to audit firms where quality control…

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Salaries on the Rise for Accountants and Financial Analysts

admin taxing_subjects - November 20, 2013
Salaries on the Rise for Accountants and Financial Analysts

Salaries on the Rise for Accountants and Financial AnalystsThe staffing company Robert Half is projecting a 3.4 percent uptick in salaries for accountants next year, according to the 2014 edition of…

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Six Trends That Are Reshaping Business

admin taxing_subjects - November 12, 2013
Six Trends That Are Reshaping Business

Six Trends That Are Reshaping Business   Accountants excel at analyzing numbers and developing strategies based off them.The way University of North Carolina at Chapel Hill professor James Johnson,…

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Seminars from the 2013 Forums Now Available at IRS Nationwide Tax Forums Online

admin taxing_subjects - November 08, 2013
Seminars from the 2013 Forums Now Available at IRS Nationwide Tax Forums Online

Seminars from the 2013 Forums Now Available at IRS Nationwide Tax Forums OnlineWashington ― The IRS today reminds tax professionals that they can earn continuing professional education credits online…

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Salaries, demand on the rise for U.S. accounting professionals

admin taxing_subjects - October 19, 2013
Salaries, demand on the rise for U.S. accounting professionals

Salaries, demand on the rise for U.S. accounting professionals  Starting salaries for finance professionals in the United States continue to show signs of growth, and hiring demand for recent college…

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The Income Tax Turns 100

admin taxing_subjects - October 11, 2013
The Income Tax Turns 100

The Income Tax Turns 100 Call it a case of selective memory for poor old Uncle Sam, says USA Today. Last month, the U.S. Labor Department launched a website commemorating its centennial, capping…

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