Drake Software blog for tax pros, covering tax, IRS news, and more
Common Sense Marketing PlansBy James Stork Senior Vice President, Drake Software Accounting and tax preparation are relatively recession proof, meaning that this year will differ little from others…
Loyalty Matters: Edward GonzalezEdward Gonzalez is a successful business owner, a dedicated professional, and a devoted husband and father. He is honest, outgoing, friendly, and has strong moral…
High School Students Train for Tax PreparationThe next seasonal tax preparer hired for a community tax service may be a high school student.USA Today reports that high schools across the country are…
Tax refund Dilemma for illegal immigrantsMore than $1 billion in tax revenue is collected by the Internal Revenue Service each year from the paychecks of illegal alien workers in the United States. …
Sequester May Hurt IRS Collection EffortsThe head of the Internal Revenue Service is warning that the government-wide spending cuts that took effect last month could hurt federal tax collections.IRS…
While you were covered up with tax forms and e-file acknowledgements, you may have missed an interesting read or two...…
Among the notable birthdays that occurred over this tax season is the IRS Form 1040, introduced in 1913 following the ratification of the 16th Amendment. That amendment gave the government the power to...…
Richmond’s Taxpayer Protection and Preparer Fraud Prevention Act of 2013 would give the Internal Revenue Service more oversight to certify paid tax preparers and ensure they are “competent, of good character and able to render services.” The legislation also would allow the IRS to...…
This tax filing season the Internal Revenue Service may be monitoring social media for any clues of tax cheats.…
US taxpayers were slightly less likely to face an audit last year, according to an analysis issued by the Transactional Records Access Clearing House (TRAC) at Syracuse University.…
