Drake Software blog for tax pros, covering tax, IRS news, and more
The coronavirus pandemic has pushed the IRS to order its workforce to work from home. The IRS issued an email announcing the shift and Accounting Today magazine obtained a copy of the email.…
Distribution of the federal government’s economic impact payments, meant to counter the economic effects of the coronavirus pandemic in the U.S., is scheduled to start in the coming weeks, according…
COVID-19 has disrupted life for Americans across the country, and as we’ve seen in recent weeks, the tax industry is not immune to change.…
Read more about IRS Implements New Signature Policy due to COVID-19
The IRS has unveiled a large series of steps providing relief on a number of fronts, ranging from easing payment guidelines to postponing compliance actions.…
Scammers are trying to capitalize on millions of taxpayers anticipating stimulus money by deploying phone- and email-based phishing scams.…
Read more about Tax Industry Warns of Stimulus Payment Scams
Businesses across the country are grappling with the challenges of limiting social contact, and the Internal Revenue Service is no exception.…
Read more about IRS Temporarily Suspends Three Phone Support Lines, IVES Request Processing
The agency has shut down all Taxpayer Assistance Centers and discontinued face-to-face service throughout the country until further notice.…
Treasury Secretary Steven Mnuchin announced on Twitter that taxpayers now have an additional 90 days to file their tax returns.…
Read more about Treasury Secretary Mnuchin Announces New Filing Deadline
Taxing Subjects has another filing season update on the latest episode of the Taxing Subjects Podcast.…
Read more about Taxing Subjects on Tax Season Stats, Virtual Currency, and More – E42
The House Ways and Means Committee yesterday sent a letter to the Internal Revenue Service to ask whether the April 15 deadline should be extended due to concerns about the coronavirus.…
Read more about Ways and Means to IRS: Will COVID-19 Delay Filing Deadline?
