Drake Has Top-Rated Conversion Software
In its 2014 annual survey, Sorting Out Software, the National Association of Tax Preparers (NATP) rated, among other things, how well each software package performed in converting client data from…
In its 2014 annual survey, Sorting Out Software, the National Association of Tax Preparers (NATP) rated, among other things, how well each software package performed in converting client data from…
The IRS is offering some relief to taxpayers trying to reconcile their 2014 income tax return with a surplus of advance health insurance premium tax credits. The agency this week offered some relief…
Read more about Press Release: Administration Offers Relief From ACA Penalties; More Relief Planned
Notice 2015-09 provides limited relief for taxpayers who have a balance due on their 2014 income tax return as a result of reconciling advance payments of the premium tax credit against the premium…
Read more about IRS Notices and Guidance #2015-09 and #2019-03
WASHINGTON—The Internal Revenue Service today announced the launch of a new, online public directory of tax return preparers. This searchable directory on IRS.gov will help taxpayers find a tax…
WASHINGTON — The Internal Revenue Service yesterday warned that taxpayers should watch for improper claims for fuel tax credits, one of the “Dirty Dozen” tax scams for the 2015 filing season.“We will…
The IRS has issued its annual list of the 12 top scams directed at consumers.Compiled annually, the “Dirty Dozen” lists a variety of common scams that taxpayers may encounter any time, but which tend…
[Note: Taxing Subjects normally focuses on issues related to management of tax and accounting services rather than internal procedures of the IRS. However, this item may have a direct bearing on how…
Read more about IRS Hires Tech Firm That Bungled ObamaCare Web Site
February 2 Individuals who must make estimated tax payments. If you did not pay your last installment of estimated tax by January 15, you may choose (but are not required) to file your income tax…
Read more about IRS Publishes Tax Deadlines For February 2015
The Illinois Department of Revenue recently announced it is in the final stages of internal front-end testing and hopes to finish up this weekend. If that happens, it could begin processing Illinois…
Read more about Illinois DoR e-File Processing Delay to End Soon
New ACA Quick Reference Guide Now AvailableDrake Software produced an ACA-related quick reference guide to help tax preparers during the 2015 filing season.Adobe Acrobat is recommended when viewing…