by Taxing Subjects | Feb 19, 2025 | Tax Tips and News
The Internal Revenue Service (IRS) and the Coalition Against Scam and Scheme Threats (CASST) have introduced new measures for the 2025 tax filing season to help tax preparers safeguard their clients from scams and fraudulent schemes. These changes include enhanced...
by Taxing Subjects | Feb 4, 2025 | Tax Tips and News
Cryptocurrencies, NFTs, and More: Digital Asset Tips for Tax Preparers From cryptocurrencies like Bitcoin to NFTs and other blockchain-based tokens, digital assets present unique challenges—and opportunities—in tax compliance. Staying informed about digital assets and...
by Taxing Subjects | Jan 27, 2025 | Tax Tips and News
IRS Extends Tax Relief for Southern California Wildfire Victims The IRS has announced significant tax relief measures for individuals and businesses affected by wildfires and straight-line winds in southern California. These relief measures extend federal tax filing...
by Taxing Subjects | Jan 26, 2025 | Tax Tips and News
The IRS will begin accepting individual returns on Monday, Jan. 27, 2025 More and more taxpayers are leaning towards the convenience and speed of electronic filing (e-file) leading to many of us wanting to know exactly when e-filing starts. The IRS will begin...
by Taxing Subjects | Nov 19, 2024 | Tax Tips and News
Learn from your peers and discover strategies to grow your own tax practice. Expanding a tax practice requires a blend of strategy, innovation, and the ability to adapt. In a recent survey conducted by Drake Software, over 900 tax professionals shared their...
by Taxing Subjects | Sep 6, 2024 | Tax Tips and News
At Drake Software®, we are continually refining the tools you need to manage your tax and accounting practice effectively. We’re excited to introduce a new feature in Drake Pay that enhances the payment process for tax preparers and their clients. New Feature: Request...
