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Drake Software Hits the Road This Summer: Join Us at IRS Tax Forums and Trade shows!

Summer events for the tax industry are in full swing as professionals from around the country gather to share resources, insight, software, and tools for the 2024 filing season. Our latest blog post is all about trade shows and events!… Read more about Drake Software Hits the Road This Summer: Join Us at IRS Tax Forums and Trade shows! (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

ETAAC Lays Out its 2023 Recommendations

The ETAAC released recommendations to improve electronic income tax filing in their 2023 annual report. The document asks the IRS to update their procedures and details legislation and other recommendations for both Congress and the IRS. Drake Software covers their Taxpayer Trust Model and the proposed changes in our recent blog post.… Read more about ETAAC Lays Out its 2023 Recommendations (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Calif. Disaster Victims Report Confusion Following IRS Notice

Weeks of record flooding and mountain snows brought on by an “atmospheric river” in California resulted in a federal disaster declaration from the Federal Emergency Management Agency (FEMA). While disaster victims received tax relief from filing and payment deadlines, some were confused after receiving notices from the Internal Revenue Service.… Read more about Calif. Disaster Victims Report Confusion Following IRS Notice (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Real Facts About Bogus Claims for the Employee Retention Credit

A new wave of advertising is churning up interest in a tax credit intended to help businesses and non-profits that tried to retain their employees during the COVID-19 pandemic. However, the ads on TV and radio, online, and even direct mail leave out a critical fact: most of the promoters’ clients won’t qualify for the credit.… Read more about Real Facts About Bogus Claims for the Employee Retention Credit (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Direct File Pilot to Debut Next Tax Season

The Internal Revenue Service is moving ahead with a program that will offer taxpayers a new option on for filing their 2023 returns next year. Dubbed “Direct File,” a scaled-down version of the full program will allow taxpayers to file online for free, using an IRS-run website.… Read more about Direct File Pilot to Debut Next Tax Season (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…