Drake Software blog for tax pros, covering tax, IRS news, and more

Online Security Measures Showing Positive Results

Online Security Measures Showing Positive Results

Members of the Security Summit say their efforts are being rewarded with a marked improvement in the battle against identity theft and tax fraud. The group – made up of tax industry partners and state tax agencies who work with the Internal Revenue Service – helped the IRS develop new strategies that have borne fruit in 2016.…

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IRS Security Summit Results

IRS Security Summit Results

Today, the IRS announced that it will increase the amount of information shared between the tax preparation industry and the government to safeguard taxypayers from identity theft and tax refund…

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Tax Fraud by The Numbers

Tax Fraud by The Numbers

The Internal Revenue Service, in conjunction with the US Department of Justice, has ramped up its efforts to identify – and publicly bring charges against – tax preparers who actively engage in the filing of fraudulent returns....…

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ITIN Application

ITIN Application

ITINs are designed for tax administration purposes and are assigned to people who are not eligible for Social Security Numbers. Over the years, ITINs have been criticized for being used by illegal immigrants and undocumented workers. Last year the Treasury Inspector General for Tax Administration reported...…

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