Provided by Drake Software

IRS: Modernized e-File Offline for Labor Day Weekend

The Internal Revenue Service today reminded tax professionals that the Modernized e-File system will be taken offline over Labor Day weekend: 8:00 p.m. on September 3 until 6:00 a.m. on September 6. [Read more…]

New Online IRS Resource Center Launched for Sharing Economy Taxpayers

The Internal Revenue Service unveiled a new web page on to help taxpayers engaged in the sharing economy locate resources that will help them meet their tax obligations. [Read more…]

IRS Updating User Fee Schedule

The Internal Revenue Service wants to revise its user fees for taxpayers who use the installment agreement to pay a tax due amount. The proposal reflects the federal law that agencies are required to charge a user fee to recover the cost of providing certain services. [Read more…]

Drake Gets High Marks in Journal of Accountancy Software Survey

Drake Software had a strong showing in areas that are important to CPAs when the Journal of Accountancy released their annual tax software survey on August 1, 2016. [Read more…]

ACA Refresher for Employers: Affordable Coverage vs. Minimum Value Coverage

Generally, employer provisions of the Affordable Care Act say that an Applicable Large Employer (or ALE) has to offer affordable minimum essential coverage that provides minimum value to full-time employees and their dependents, or potentially face a penalty payment to the Internal Revenue Service. [Read more…]

Scammers Get Ready for Back-to-School

While parents and students are preparing for the return of classes, telephone scammers are sharpening their pencils and getting their tactics lined up as well. [Read more…]

Louisiana Storm Victims Get Relief from IRS

Taxpayers in four Louisiana parishes have been granted relief by the Internal Revenue Service, in light of the recent storms and flooding that have plagued their area. The Federal Emergency Management Agency (FEMA) declared East Baton Rouge, Livingston, St. Helena, and Tangipahoa parishes a federal disaster area, clearing the way for the IRS to grant its additional measures. [Read more…]

TIGTA Finds Problems with IRS Contracting Process

A new audit says some companies are getting contracts with the Internal Revenue Service, even though those companies owe back federal taxes. The audit found qualified bidders on IRS contracts weren’t being screened for back taxes as called for by the agency’s appropriation legislation. [Read more…]

Study: Don’t Overthink Computer Passwords

It’s an ordeal most of us go through regularly: Our password on our email or a website has expired and we have to come up with a new one. Our proposed password, the website tells us, has to be at least eight characters, use upper and lower case letters, numbers, and “special characters” – you know, the ones you get when you press Shift and a number. [Read more…]

Drake Employees’ “Let’s Can Hunger” Food Drive a Success

Let's Can HungerEmployees at Drake Software’s Hayesville, NC call center recently gathered and donated enough canned goods and nonperishable food items to feed more than 300 families as part of their “Let’s Can Hunger” food drive. [Read more…]