IRS Dirty Dozen 2025: Top Tax Scams to Avoid This Filing Season

Posted on by Arlette Hanania
Every tax season, scammers ramp up their efforts to steal personal and financial information from taxpayers, businesses, and tax professionals. To combat these fraudulent activities, the IRS has released its Dirty Dozen list for 2025, highlighting the most common tax scams. These scams range from phishing emails to misleading tax credit claims, and tax professionals should stay aware and avoid falling victim. The 2025 IRS Dirty Dozen Tax Scams Here are the 12 most common tax scams taxpayers should watch out for in 2025: 1. Email Phishing and Smishing Scams Scammers send fraudulent tax emai...
Read More

How to Start a Successful Tax Preparation Business in 2025

Posted on by Arlette Hanania
Here you are—it's the beginning of 2025, and you're ready to finally launch the tax preparation business of your dreams. So, where do you actually start? While the tax industry is competitive, standing out is possible when you add accreditation, strategic business management, and client relationship building to your technical expertise. How do I get professional tax prep credentials? Before offering tax preparation services, cover your bases with all legal and professional requirements and decide what level of additional credentials you would like to have. Get a Preparer Tax Identif...
Read More

Valuable Tips, Reminders, and Resources for Tax Preparers This Year

Posted on by Arlette Hanania
As tax professionals prepare for the 2024 tax season, staying informed, organized, and equipped with the right tools is crucial for success. Whether you're an independent tax preparer or part of a larger tax firm, leveraging industry resources can help streamline workflow, improve client service, and ensure tax compliance. Below are some of the most valuable resources tax preparers should utilize in 2025. 1. Stay Updated on Tax Law Changes The tax landscape is constantly evolving, making it essential for preparers to stay ahead of the latest IRS regulations, tax code changes, and complian...
Read More

Prepare for the season with integrated payments—enroll now

Posted on by Arlette Hanania
Managing payments in your tax practice just got a lot easier, thanks to the innovative partnership between TaxAct Professional and Drake Pay. This collaboration introduces a seamless, integrated payment solution that simplifies how tax professionals handle client payments. Here’s what you need to know: Key Benefits of TaxAct’s Integrated Payment Solution Certified Security for Peace of Mind this payment technology is certified with the PCI Secure Software Standard. Quick and Convenient Payment Processing Once your online application is approved, you can begin accepting payments—w...
Read More

Beware: Recovery Rebate Credit Tax Scam

Posted on by Arlette Hanania
It’s that time of year: Scammers are at it again, impersonating the IRS through text messages. They trick taxpayers into providing sensitive information while falsely claiming this information is needed to receive an Economic Impact Payment. Beware: this is a scam designed to steal taxpayer personal and financial data. How the Scam Works Scammers are taking advantage of the IRS’s recent announcement that automatic payments will be issued to eligible individuals who did not claim the Recovery Rebate Credit or the Economic Impact Payment on their 2021 tax returns. They send fake texts that...
Read More