Drake Software blog for tax pros, covering tax, IRS news, and more
Tuesday's Forum Intended to be First in a SeriesWhile delivering the 2015 Annual Report to Congress in January, National Taxpayer Advocate Nina E. Olson announced that she would hold a series of…
Read more about Public Forum to Address the Need for Taxpayer Services
January Incidents Jump from 254 in 2015 to 1,026 in 2016IRS Commissioner Koskinen warned tax professionals and taxpayers alike about a significant surge in online tax-related fraud, noting that the…
Read more about IRS Reports 400% Increase in Phishing Attempts This Year
Signed into law on March 23, 2010, the Patient Protection and Affordable Care Act (also known as the Affordable Care Act, ACA, or ObamaCare) has been in effect for long enough for most of the issues…
Read more about ACA Update: How it Will Affect Tax Professionals
Over 100,000 E-File PINs AccessedThis week, the IRS released a statement regarding an automated attack on the E-Filing PIN application on their website that involved stolen Social Security numbers.…
Read more about Stolen SSNs Used to Hack IRS E-Filing PIN App
Failure to File and Reconcile Addressed by February 5 GuidanceOn Friday, the Centers for Medicare and Medicaid Services (CMS) announced a special enrollment period for those who are not enrolled in…
Hardware Failure ResolvedThe IRS is once again accepting e-filed returns following the outage reported on Thursday. At the time of the outage, the agency seemed confident that the apparent hardware…
While the majority of taxpayers receive a W-2 before the beginning of January, sometimes it just doesn't work out that way. Luckily - since it's needed for filing an accurate return - the IRS has…
The IRS released another top 10 list, this time identifying the important information for exemptions and dependents. These tips aim to help taxpayers reduce the amount of tax they owe.Without further…
Read more about IRS Releases Top 10 Tax Facts for Exemptions and Dependents
Filing season began a little more than a week ago, and while some taxpayers have already filed their 2015 returns, many others are still gathering receipts and shopping around for a tax professional.…
Read more about IRS Issues 10 Tips for Choosing a Tax Preparer
Their Tax Filing Deadline has been Moved to May 16The Federal Emergency Management Agency (FEMA) issued a disaster declaration for several counties in Missouri, prompting the IRS to provide tax relief…
