Learn about the 2025 IRS updates to protect tax pro clients from tax scams, fraud, ghost preparers, and false claims. Read more.…
Read more about Protecting Tax Clients from Scams: 2025 IRS Filing Updates
From cryptocurrencies like Bitcoin to NFTs and other blockchain-based tokens, digital assets present unique challenges—and opportunities—in tax compliance. Staying informed about digital assets and how they are treated for tax purposes is vital for tax professionals to serve their clients effectively.…
Read more about Help Clients File Digital Asset Taxes with Confidence
There are significant tax relief measures for individuals and businesses affected by wildfires and straight-line winds in southern California. Learn more about these measures.…
Read more about IRS Extends Tax Relief for Southern California Wildfire Victims
The IRS will begin accepting individual returns on Monday, Jan. 27, 202. Read more.…
Read more about Tax Filing Timeline: When Does E-File Start?
Learn why handling IRS notices correctly matters and how you can support your clients effectively. Read the article.…
Read more about Why Tax Preparers Should Keep Clients Informed About IRS Notices
At Drake Software®, we are continually refining the tools you need to manage your tax and accounting practice effectively. We’re excited to introduce a new feature in Drake Pay that enhances the payment process for tax preparers and their clients.…
Read more about Drake Pay™ Launches New Feature: Request Payments via Email with Secure Payment Link
In this second installment of our overview of the 2024 Dirty Dozen, we look at the stern warnings issued by the IRS regarding scammers who promote schemes designed to evade taxes, scams targeting the wealthy, and dubious social media advice. Continue reading to help prepare your practice against tax scams and schemes.…
Read more about Tax Fraud and Scams Online and Offshore: The IRS Dirty Dozen, Part 2
The IRS issues relief packages to areas that recently experienced natural disasters or events designated as disasters by the United States government. This blog post provides extension details and provides information on IRS legislature about filing tax returns in the wake of extreme weather or disaster incidents. Bookmark this post for updates!…
The Internal Revenue Service (IRS) has announced the agenda for the 2024 Nationwide Tax Forum, which will feature 45 seminars aimed at enhancing the skills of tax professionals. This year's forum, which includes contributions from the IRS and leading tax associations, will cover a broad spectrum of topics designed to help tax professionals better serve their clients. Continue reading for more information on this topic.…
Read more about IRS Unveils 2024 Nationwide Tax Forum Agenda with 45 Seminars
Many businesses, enticed by misleading information, have found themselves unwittingly in non-compliance with ERC regulations. The IRS has urged tax preparers to act soon to verify their compliance, emphasizing the need for proactive review and correction. Read our full post for more important news on this tax topic.…
Read more about ERC Voluntary Disclosure Program Deadline is March 22
