Drake Software blog for tax pros, covering tax, IRS news, and more
Over 100,000 E-File PINs AccessedThis week, the IRS released a statement regarding an automated attack on the E-Filing PIN application on their website that involved stolen Social Security numbers.…
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Failure to File and Reconcile Addressed by February 5 GuidanceOn Friday, the Centers for Medicare and Medicaid Services (CMS) announced a special enrollment period for those who are not enrolled in…
Hardware Failure ResolvedThe IRS is once again accepting e-filed returns following the outage reported on Thursday. At the time of the outage, the agency seemed confident that the apparent hardware…
While the majority of taxpayers receive a W-2 before the beginning of January, sometimes it just doesn't work out that way. Luckily - since it's needed for filing an accurate return - the IRS has…
The IRS released another top 10 list, this time identifying the important information for exemptions and dependents. These tips aim to help taxpayers reduce the amount of tax they owe.Without further…
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Filing season began a little more than a week ago, and while some taxpayers have already filed their 2015 returns, many others are still gathering receipts and shopping around for a tax professional.…
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Their Tax Filing Deadline has been Moved to May 16The Federal Emergency Management Agency (FEMA) issued a disaster declaration for several counties in Missouri, prompting the IRS to provide tax relief…
Drake Software recently surveyed more than 7,000 tax professionals, examining the average charge preparing different forms, estimating the number of returns to be prepared this tax season, and…
It can seem virtually impossible to run an effective marketing program for a small CPA or tax practice, and more so for solo practitioners. It’s not just that marketing requires a specialized skill…
Read more about 10 Marketing Strategies for Small and Solo Practitioners
Filing Season Begins TomorrowTomorrow, your tax practice will kick off the busiest time of the entire year. In fact, you may have already started accepting intake forms and other data from some…
