Drake Software blog for tax pros, covering tax, IRS news, and more
The Internal Revenue Service has begun mailing letters to more than a million taxpayers who have Individual Taxpayer Identification Numbers (ITINs) that will expire at the end of the year.…
Read more about Taxpayers with Expiring ITINs to be Notified
A new phishing email scam impersonates a message from a tax software provider in an effort to fool tax professionals into giving up their usernames and passwords.In a way, their timing couldn’t be…
A new audit finds that the Internal Revenue Service isn’t addressing billions of dollars in potential taxes that are underreported by employers.…
Read more about Billions in Potential Taxes Underreported by Employers Going Uncollected
The IRS says only a handful of tax professionals have been hit by ransomware cyber-scams, but there will be more.…
An audit by the Treasury Inspector General for Tax Administration (TIGTA) says the Internal Revenue Service needs to do a better job of keeping fired employees from being rehired by the agency.…
Read more about Audit Finds IRS Sometimes Rehires Fired Employees
The latest statistics clearly show the IRS and the tax industry at large are succeeding against identity thieves and fraudsters.…
Read more about Numbers Show Ground Gained Against Identity Theft
A web-based virtual conference option will soon be available to taxpayers and their representatives for meetings with the Internal Revenue Service Office of Appeals.…
Read more about Virtual Conferencing Next Step for IRS Appeals Options
Cybercriminals have advanced from merely stealing data from tax professionals to actively taking over the accounts they use to e-file income tax returns.…
Read more about Tax Pros Warned to Stay Alert for Account Takeovers
It’s going to be more expensive to take the tests to become an Enrolled Agent with the IRS.…
An examination of document-handling practices at the Internal Revenue Service shows the agency isn’t abiding by its own rules for retaining emails and other pertinent communications.…
Read more about Audit Finds IRS Not Retaining Records Properly
