Drake Software

Every year, the National Taxpayer Advocate, Nina Olson, submits a report to Congress on how she rates the performance of the Internal Revenue Service from a taxpayer’s perspective. Federal law requires the annual report from the Taxpayer Advocate Service (TAS) to identity at least 20 of the most serious problems encountered by the nation’s taxpayers…

Get a Grip on Tax Season by Checking on Potential Health Care Exemptions The Internal Revenue Service recently suggested that taxpayers consider checking their eligibility for health care-related tax exemptions. Taxpayers who plan their finances around a refund check may be better able to budget during tax season by researching their options before January 23, 2017.

Sometimes, the easiest way a crook can steal your personal information is to simply ask you for it.

Taxpayers and tax professionals alike are being warned to be on the lookout for fake emails that claim to contain an IRS tax bill related to the Affordable Care Act (ACA).

No doubt about it, the idea that there are hordes of scammers out there trying to purloin the personal information belonging to you – and your clients – is the new normal. And while reports of the newest tax scam are a pretty regular occurrence these days, it doesn’t have to be that way.

The Internal Revenue Service is sending letters to taxpayers who received advance payments of the premium tax credit in 2015 – but haven’t filed their tax return. Taxpayers must file a return to reconcile any advance credit payments they got in 2015 and to remain eligible to get premium assistance in 2017.

When a taxpayer is looking for a new job within his or her existing line of work, some of the costs of that job search may be deductible. Here’s a quick refresher course on job search expenses.

The Internal Revenue Service has acquiesced in the Ninth Circuit court’s decision on a year-old tax case involving unmarried co-owners of real estate.

“Education’s purpose is to replace an empty mind with an open one.” – Malcolm Forbes Forbes, of course, knew a thing or two about business and taxes. It could be said that we all need to be, well, better educated about education tax credits. So before it’s time to head back to the classroom, let’s…

The Internal Revenue Service has restored its “Get an IP PIN” tool to the IRS.gov website, after concerns about security forced its removal.