As part of the Avoid the Rush tax tip series, the IRS yesterday reminded taxpayers about Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) refund delays. In addition to how weekends and Presidents Day fall on the calendar this year, one reason refund checks for returns claiming these credits will be delayed is the Protecting Americans from Tax Hikes (PATH) Act.
Drake Software Wins 7 Categories For the fourteenth year in a row, readers saw the results of the CPA Practice Advisor Readers’ Choice Awards, a poll...
The Internal Revenue Service yesterday released a list of five common tax season myths, as well as links to YouTube videos that explain when refunds will arrive, claiming the EITC or ACTC, and more. Newswire release IR-2017-16 aims to reduce misinformation.
While growing up in Jacksonville, North Carolina, Gary Boykin was first introduced to tax preparation at the age of four: “I remember running around...
Filing season starts in three days, and that means tax professionals around the country are collectively taking a deep breath before the plunge. While the future of the Affordable Care Act (ACA) remains uncertain, it – as of today – still affects tax preparation. So we’ve put together a few last-minute ACA updates to give you a head start.
The Internal Revenue Service today announced a new email scam from cybercriminals that targets tax professionals. Using a two-stage process, this latest phishing scheme attempts to collect private data from tax preparers.
Drake Software surveyed 1,200 tax professionals and 1,200 taxpayers to learn how concerned each group was about tax-related identity theft, which filing methods they believed were the safest, and more.
“Taxes. Security. Together.” Campaign Provides Taxpayers Tips for Spotting Tax-Related Identity Theft
Tax professionals around the country are preparing for the start of filing season on January 23: learning the updates to their tax software, reviewing changes to tax law, training seasonal staff, and – of course – implementing data-security strategies.
Sometimes you have to get to important information quickly. Find ACA-related tax information fast in this quick reference guide by Drake Software!
ACA Employer Mandate Guide Now Available This guide is designed to help tax professionals understand the healthcare law's impact on businesses. Learn to calculate Applicable Large...