With the new income tax law passed in late 2017 came lots of changes to the tax code. Deductions, exclusions, credits, just about everything the average taxpayer deals with saw some sort of change.…
Read more about Dirty Dozen: Choose Your Tax Preparer Wisely
H&R Block is giving $1,000 to 1,000 of its clients every day. Jackson-Hewitt is paying its clients with a $50 American Express card. Liberty Tax offers a $50 cash payment to use its services, along…
Read more about Ten Ways to Compete With the National Chains
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…
New ACA Reference Guide Now AvailableDrake Software compiled important ACA-related information to help tax preparers during filing season.Download the 2014 ACA Reference Guide now.Thank you!Drake…
WASHINGTON — Certain owners of individual retirement arrangements (IRAs) have a limited time to make tax-free transfers to eligible charities and have them count for tax-year 2014, the Internal…
WASHINGTON — The Internal Revenue Service issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving…
Read more about New Standard Mileage Rates Now Available; Business Rate to Rise in 2015
The Internal Revenue Service has issued technical guidance for the following issues: Notice 2014-78 provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates,…
Read more about IRS Publishes Technical Guidance On Four Issues
Tax Preparers Consider New IRS ProgramDrake researchers conducted a short survey of over 7,000 tax preparers, including CPAs, EAs, attorneys, and non-credentialed participants, in light of the…
Read more about Annual Filing Season Program (AFSP) Survey Results Infographic
Consumer AlertThe Internal Revenue Service has re-issued a consumer alert providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with…
Read more about IRS Identifies Five Easy Ways to Spot Suspicious Calls
NATP’s Annual Tax Software Survey The National Association of Tax Preparers (NATP) has released its annual survey of tax preparation software, “Sorting Out Software.” The NATP survey used a different…
