It’s official: The Internal Revenue Service says it will start accepting tax year 2021 returns on January 24, kicking off tax season.…

Read more about IRS Announces Start of Filing Season

A reminder from the Internal Revenue Service might be called a taxpayer’s best last chance. Those taxpayers who found they may have failed to hold out enough from their income to cover their federal income taxes still have one more shot at avoiding a big surprise tax bill and escaping a possible penalty.…

Read more about IRS Issues Reminder for Estimated Tax Payment Deadline

No doubt about it: The future for the IRS is electronic. The agency is putting more and more formerly paper-only functions on its electronic platform, speeding up transmission and improving service as a result.…

Read more about Form 1024 Revised for Electronic Filing

Victims of the New Year wildfires in Colorado now have one less thing to worry about. The Internal Revenue Service has given individual and business taxpayers affected by the disaster until May 16 to…

Read more about Tax Relief Coming to Colorado Wildfire Victims

Every year, Drake Software uses Internal Revenue Service statistics to create an infographic highlighting important tax-filing information gathered throughout the year. For example, last year saw taxpayers increasingly turn to do-it-yourself platforms when it was time to file their federal tax return.…

Read more about 2021 Tax Filing Statistics [Infographic]

If taxpayers get a letter from the Internal Revenue Service relating to either the Advance Child Tax Credit or Economic Impact Payments, they need to file the letters for safekeeping.…

Read more about IRS Wants Taxpayers to Save ACTC and EIP Letters

In November 2021, Drake Software and Rightworks collaborated on a three-part series highlighting different software solutions available to tax professionals.…

Read more about Why Host Drake Software with Rightworks?

As recovery efforts spread across parts of the south in the wake of the December 10 tornadoes, the Internal Revenue Service is expanding its effort to give affected taxpayers in the region a helping hand.…

Read more about IRS Relief Now Covers Kentucky, Parts of Illinois and Tennessee

The months leading up to filing season are packed with studying tax law changes, learning software updates, training seasonal staff, and—of course—the holidays. During the pre-season hustle, it’s easy to forget one of the most important ingredients for a successful tax business: an up-to-date data security plan.…

Read more about Cyber Security Essentials for Tax & Accounting Firms [Webinar]

The Internal Revenue Service has put a little more cushion into its standard mileage rates, so taxpayers won’t have such a big bite taken out of their pockets by fuel prices.…

Read more about 2022 Standard Mileage Rates Now Available