Drake Software blog for tax pros, covering tax, IRS news, and more

EITC Due Diligence (1)


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John Sapp, Vice President of Strategic Development for Drake Software,  explains and gives examples of procedures tax return preparers must follow to meet the IRS EIC due diligence “documentation” and “knowledge” requirements. This video also includes what to expect if the IRS performs an
EIC due diligence audit of your firm.

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The Taxing Subjects staff is proud to cover the latest in tax-industry-related news, from tax law and IRS updates to technology and business strategies. If you have questions about an article or just want to reach out to the Taxing Subjects staff, email comments@taxingsubjects.com.

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