Drake Software blog for tax pros, covering tax, IRS news, and more
Farmers, tax preparers facing more changes The Internal Revenue Service will begin accepting and processing 2013 tax returns a little later than usual. But farmers and their tax preparers shouldn’t…
Black Market Tax Preparers Continue To Defy IRS When the Internal Revenue Service announced intentions to regulate tax preparers, the idea was to save taxpayers from “unscrupulous” (IRS’ favorite word…
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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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The IRS Did Not Properly Implement Law Penalizing Erroneous RefundsWASHINGTON – By incorrectly interpreting Federal law, the Internal Revenue Service (IRS) significantly limited the number of…
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Identity Theft: IRS Still Has Issues to Resolve Expanded identity theft detection efforts at the Internal Revenue Service (IRS) are helping to identify fraudulent tax returns, however, billions of…
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Private Tax Collectors Are Coming. No one wants to owe money, and being chased for taxes is no fun. But if you have to owe taxes, who do you want coming after you, the IRS or private debt collectors?…
Preparers Suspected of Filing Inaccurate EITC Claims Receive Warning LettersDuring November and December 2013, the IRS will send letters to preparers suspected of filing inaccurate EITC claims. The…
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Ineffective Income and Withholding Verification Hinder IRS in Detecting Fraudulent Returns The Treasury Inspector General for Tax Administration (TIGTA) has released the results of its review of the…
AICPA Wants More Tax Guidance from IRS for Same-Sex Couples The American Institute of CPAs has written a letter to the Internal Revenue Service identifying 17 areas in which the IRS should provide…
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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