by | Apr 8, 2020 | Tax Tips and News
Use Drake Tax to file EIP returns! Drake Software today announced that Drake Tax supports Economic Impact Payment (EIP) returns, providing customers a way to help those who don’t typically file a return receive the payment recently authorized by the CARES Act. There...
by | Apr 7, 2020 | Tax Tips and News
For many of us, we’re living in a time that has no comparison. We’ve seen wars, famines, economic crashes, but no pandemic—until now. Jim Buttonow of Accounting Today magazine says for the Internal Revenue Service, a bad situation may be about to get even worse....
by | Apr 6, 2020 | Tax Tips and News
Federal authorities say they’ve arrested a Pennsylvania man in connection with a nationwide IRS impersonation scam. Made in the USA The federal indictment that prompted the arrest was returned against Ronnell Taylor, Jr., 37, of Jeannette, Pa. He was named in a...
by | Apr 3, 2020 | Tax Tips and News
Last Saturday, Taxing Subjects spotlighted a phishing scam that emerged after legislators passed the CARES Act, which distributes economic impact payments to help recover from financial hardships caused by COVID-19. Today, the IRS outlined common tactics used by these...
by | Apr 3, 2020 | Tax Tips and News
One of the ways American business changed with the coronavirus is that thousands—if not millions—of employees are now working from home. The good news is that they’re getting the job done while practicing social distancing. The bad news may be that both workers and...
