Bob Williams

Bob Williams
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Forget genes; I’ve got words in my DNA. Communication has been part of who I am nearly all my life. From a long career in radio news to another one in newspapers – and a University of Georgia journalism degree sandwiched between the two – language has been my life. I’ve also been fortunate to have learned the tax business from the ground up here at Drake, starting with 1040.com online forms some years ago before moving on to work on the Web. In all things tax-ish, we aim to give you tools you can use.
IRS Warns Millions of ITINs to Expire This Year

IRS Warns Millions of ITINs to Expire This Year

More than 2 million Individual Taxpayer Identification Numbers (ITINs) are due to expire by the end of this year, and the Internal Revenue Service is urging taxpayers to apply for renewal.
Survey Finds IRS Collections Target Low-Income Taxpayers

Survey Finds IRS Collections Target Low-Income Taxpayers

A review by the Taxpayer Advocacy Service has found that private debt collection agencies working on the IRS’ behalf may be forcing many taxpayers...
Businesses Seek Tax Law Fixes

Businesses Seek Tax Law Fixes

Trade groups are asking Congress to make some tweaks to last year’s Tax Cuts and Jobs Act that provided tax cuts to individuals and businesses. The legislation was drafted in secret and pushed through the legislative process in a hurry. Now errors are coming to light that need attention.
New Tax Law Changed Allowable Expense Deductions

New Tax Law Changed Allowable Expense Deductions

The tax legislation pushed through Congress at the end of 2017 wiped out some deductions for individuals and changed some others, particularly those relating to moving, mileage and travel.
Tax Pros Got Wake-Up Call from Phishing Scammers

Tax Pros Got Wake-Up Call from Phishing Scammers

The latest phishing attack aimed at income tax professionals is proof positive that tax offices can’t let their guard down just because tax season is over. This new assault mimics or “spoofs” an email from a legitimate state taxing agency or a tax professional organization.
Phishing Emails Mimic State Professional Organizations

Phishing Emails Mimic State Professional Organizations

Tax professionals are being warned to be on the lookout for a new round of phishing emails aimed at stealing their email usernames and passwords. The Internal Revenue Service says the new wave of scam emails pose as being from state accounting or professional associations.
IRS to Have Acting IRS Commissioner in November

IRS to Issue Guidance on State, Local Tax Deductions

The IRS says it will be issuing regulations in the near future aimed at clarifying just how state and local tax payments can be deducted for federal income tax purposes. The issue goes back to late 2017, when Congress passed the tax cut bill known as the “Tax Cuts and Jobs Act.”
Form W-8BEN Scam Targets Non-Residents

New Scam Targets International Taxpayers

Scam artists have dusted off an old scheme and added a new kink in an effort to swindle taxpayers out of money. This new effort uses a faked version of the IRS Form W-8BEN to get detailed personal identification and bank account information from its victims.
Tax Season is Over but Scams Continue

Tax Season is Over but Scams Continue

We’ve barely left the filing season for TY2017 behind and scammers are already showing they don’t have any deadlines. A new wave of phone scams, more devious than past attempts, has been unleashed.
For IRS, the Real Work Starts After Tax Season

For IRS, the Real Work Starts After Tax Season

With the TY2017 tax season coming down to the final hours, the acting IRS commissioner feels pretty good about his agency’s performance thus far. But the big crunch, he says, comes after tax deadline has come and gone.

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Tax Year 2017 Desk Reference Guide

Tax Year 2017 Desk Reference Guide
When you’re in the midst of a busy tax season, it helps to have important information consolidated, organized, and easily within reach.

2017 “How Do Your Tax Prep Fees Stack Up?” Results

2017 How Do Your Tax Prep Fees Stack Up?
Drake Software surveyed more than 2,800 tax professionals in October, looking at tax prep fees by professional certification, like CPAs, EAs, and attorneys; the estimated number of returns for the upcoming filing season; and more.  

Budget Bill Passed, Renews Tax Extenders

Budget Bill Passed, Renews Tax Extenders
After a brief shutdown overnight, the House voted to reopen the government by passing a $400 billion budget that increases spending caps, raises the debt ceiling, and provides disaster relief for Texas, Florida, and Puerto Rico. President Trump signed it into law this morning.
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