David and Jenny on DrakeCPE - E35
We've a few short months away from the end of 2019, and tax professionals across the country are trying to finish earning their continuing professional education credits.…
IRS Has Financial Record Recovery Tips for Disaster Victims
The IRS this week released another disaster victim-focused tax tip, reminding taxpayers what they can do to rebuild financial records lost to a storm, flood, or some other catastrophic event.…
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It’s International Charity Fraud Awareness Week
The IRS is launching the second annual International Charity Fraud Awareness Week, which runs through Oct. 25.…
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IRS Announces New Way to Pay Tax Bills That Have Gone to Private Collections
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.…
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IRS Marks National Work and Family Month
October is National Work and Family Month, and to celebrate, the IRS is issuing informative tips on the work-life balance. Topics include family businesses, family tax credits, military tax benefits, scams and security issues.…
Jay Eager on What’s New in Drake Accounting - E34
We’re nearing the end of 2019, and that means choosing the software that your office will use next filing season. Drake Accounting Development Manager Jay Eager walks us through new features in Drake Accounting, including bulk e-filing of Forms W-2 and W-3, multi-factor authentication, and more.…
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IRS Tax Tip Addresses Extension Deadline
The IRS this week reminded taxpayers that the filing deadline for those with a tax extension is Tuesday, October 15, 2019. Generally, taxpayers who request an extension are given an extra six months to file their tax return with the IRS.…
Farmers Get More Time for Drought Relief Measures
American farmers and ranchers forced to sell livestock due to drought have been given some tax relief by the IRS. The measures give qualified taxpayers an extra year to replace livestock and defer tax on gains from the forced sales.…
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Audit Finds Ineligible Vehicles Still Get Electric Car Credit
An audit into the IRS electric plug-in car credit has found that ineligible vehicles have been able to get the credit, costing the agency nearly $74 million.…
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