Drake Software blog for tax pros, covering tax, IRS news, and more
The Security Summit focused on safe surfing habits, fake charities, and IP PINs for the first three days of National Tax Security Awareness Week. On the fourth day of their annual data security outreach campaign, the Summit is reminding tax professionals to perform a security checkup.…
A government audit says that allowing taxpayers to electronically correct their returns is more than just good customer service—it’s good business.…
Read more about Expansion of E-file Self-Correction Could Cut Taxpayer Hassle and Costs
A new report from the Treasury Inspector General for Tax Administration (TIGTA) finds that a number of tax preparers are themselves classified as non-compliant, but in many cases, the Internal Revenue Service has not acted to recoup the outstanding tax due.…
Read more about TIGTA Says IRS Should Act on Preparers with Overdue Returns, Debts
TIGTA published its interim report, detailing tax-season challenges for the IRS that range from recent legislation to the COVID-19 outbreak.…
Read more about TIGTA Says This Tax Season Presents Uphill Climb to IRS
The federal office tasked with overseeing the Internal Revenue Service says fraudulent claims for refundable credits are going through – in spite of the tools Congress gave the agency to stop them.…
Read more about IRS Allowing Fraudulent Credits to Go Through, Audit Finds
An audit by the Treasury Inspector General for Tax Administration (TIGTA) has found that nearly 10,000 new tax-exempt organizations failed to follow federal law to notify the IRS of their formation.…
Read more about Thousands of New Non-Profits Not Following Federal Law
The Internal Revenue Service says it plans to beef up background checks on tax practitioners in the wake of an audit that found inconsistencies in how those checks were administered.…
Read more about IRS Promises Better Background Checks on Tax Pros
The IRS reports that criminals perpetrating tax-related identity theft scams are taking a new approach with one of their greatest hits: the Social Security Number scam.…
Taxpayers whose outstanding tax bill has been referred to a private debt collector have a new way to pay, according to a recent IRS press release.…
Read more about IRS Announces New Way to Pay Tax Bills That Have Gone to Private Collections
A new audit from the Treasury Inspector General for Tax Administration (TIGTA) finds that IRS identity theft investigations by the Criminal Investigations unit declined by 75% between 2013 and 2017.…
Read more about IRS Identity Theft Investigations Down 75 Percent Since 2012
