Drake Software blog for tax pros, covering tax, IRS news, and more
Professionals throughout the U.S. income tax industry are being warned to expect a new, more serious round of cyber-scams and ruses aimed at stealing their confidential filing information—and that of their clients.…
Read more about Tax Pros Warned of Heightened Fraud Threat Ahead
The Internal Revenue Service officially announced tax season begins on Monday, January 29, 2018.…
The Internal Revenue Service has unveiled higher standard mileage rates for use during the 2018 tax year.…
If they haven’t done so already, tax professionals need to register now for access to the IRS’ e-Services tools.…
2017 has been a banner year in the weather disaster category: multiple hurricanes, floods, epic brush fires and more.…
Read more about IRS Safe Harbors Can Help with Property Losses
To quote the Internal Revenue Service: Small business identity theft is big business. That’s because identity thieves have learned to use a business’s information to file bogus income tax returns or…
Read more about Know the Signs of Small Business Identity Theft
The third National Tax Security Awareness Week tip from the IRS includes five steps for addressing identity theft.…
As we hurtle into the holidays, rest assured the hackers and fraudsters are working feverishly to put the bow on their newest phishing email scam. And it’s aimed squarely at you.…
We recently reported on the Internal Revenue Service’s Advisory Council (IRSAC) report that stresses that inadequate funding is severely hampering the agency’s ability to serve individual taxpayers.…
The Internal Revenue Service Advisory Council (IRSAC) has issued its annual report to the agency, and once again is calling on Congress to adequately fund the IRS so it can fulfill its mission to the American people.…
Read more about IRS Advisory Council Renews Call for Adequate Funding
