Drake Software blog for tax pros, covering tax, IRS news, and more
New IRS Filing Season Program Unveiled for Tax Return Preparers Voluntary program to focus on continuing education for unenrolled preparersWASHINGTON — The Internal Revenue Service announced today…
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Payday Loans and Tax Preparers Each year, 12 million borrowers spend approximately $7.4 billion on payday loans. But the payday lenders have come under growing scrutiny in recent years, as…
Some Suspended or Disbarred Tax Practitioners Are Now Permitted to Obtain PTINs and Prepare Tax Returns The Internal Revenue Service today announced that some suspended or disbarred tax professionals…
IRS Drops Effort To Regulate Tax Preparers The Internal Revenue Service has elected to discontinue its efforts to regulate tax preparers, allowing the deadline to pass for an appeal to the US Supreme…
Ten Questions Tax Preparers Should Be Ready To Answer The media, the Internal Revenue Service and Attorneys General of many states have focused on fraud committed by tax preparers. While the relative…
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A tax professional recently elected mayor of his town shares the story of his journey to success.Pat DeBlasio, a tax professional and political leader, was recently elected mayor of Bridgeville,…
Tax Preparers Must Renew Their PTINs for 2014 The Internal Revenue Service today reminded professional tax return preparers to renew their Preparer Tax Identification Numbers (PTINs) if they plan to…
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What Tax Preparers Want to do to the Tax Code What do tax preparers think should be done to overhaul the tax code: Todd Kehoe, Research Director for the Albany Business Review, polled 25 of the top…
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Treasury Inspector General: Crack Down on Tax Preparers The Treasury Inspector General for Tax Administration (TIGTA) says the IRS has to do a better job of policing paid tax return preparers. And…
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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…
