Drake Software blog for tax pros, covering tax, IRS news, and more
Every year, the National Taxpayer Advocate, Nina Olson, submits a report to Congress on how she rates the performance of the Internal Revenue Service from a taxpayer’s perspective. Federal law…
Read more about National Taxpayer Advocate Report Good News, Bad News for IRS
National Taxpayer Advocate Nina Olson says it’s time to make the American income tax code a simpler kind of beast. Olson, in her 2016 annual report to Congress, outlined a number of recommendations aimed at the income tax system in general and the IRS specifically.…
Read more about Taxpayer Advocate Calls for Simpler Tax Code
Nina E. Olson, the National Taxpayer Advocate, released her 2016 annual report to Congress this week. In it, Olson urges lawmakers to simplify the tax code and callas on IRS to adopt a “taxpayer-centric focus” in its “Future State” plan.…
Being professionals, we all know how to give our clients the most accurate, best-case-scenario income tax return. But what happens after we send that return? Do you find yourself fielding call after…
With Christmas is in the rear view mirror, the bowl games all played out and December bank statements arriving in the mail, tax season 2017 has officially arrived. Here are 10 things to know before filing that first return.…
The Internal Revenue Service today announced a new email scam from cybercriminals that targets tax professionals. Using a two-stage process, this latest phishing scheme attempts to collect private data from tax preparers.…
Sometimes you have to get to important information quickly. Find ACA-related tax information fast in this quick reference guide by Drake Software!…
ACA Employer Mandate Guide Now AvailableThis guide is designed to help tax professionals understand the healthcare law's impact on businesses. Learn to calculate Applicable Large Employer Status, how…
Drake Software has compiled important ACA-related information to help tax preparers during filing season. Inside this guide you will find updated exemptions, ISRP calculations, scenarios and more to help you file tax year 2016 returns.…
Drake Software and Macon County schools produced more than 3,000 Christmas cards for the American Red Cross (ARC) Holiday for Heroes project and more than 100 cards for the second annual Holiday Cards for Cops program.…
