by Freedom Advisors | Dec 20, 2021 | Tax Tips and News
How do you protect your tax business from cybersecurity threats? The months leading up to filing season are packed with studying tax law changes, learning software updates, training seasonal staff, and—of course—the holidays. During the pre-season hustle, it’s easy to...
by Freedom Advisors | Dec 17, 2021 | Tax Tips and News
Drake Software, LLC (“Drake”) is aware of the recently disclosed Apache Log4j Remote Code Execution Vulnerability, and has taken the following steps to ensure the continued protection of its operations and customers. Actions Upon receiving cybersecurity threat...
by Freedom Advisors | Dec 16, 2021 | Tax Tips and News
The Internal Revenue Service is moving quickly to do its part in relief efforts targeting tornado victims in Kentucky. Around December 10, Kentucky residents were hit by a trifecta of terror: tornadoes, severe thunderstorms and flooding. Many small communities were...
by Freedom Advisors | Dec 14, 2021 | Tax Tips and News
The IRS, the Independent Sector, and the National Council of Nonprofits are this week reminding non-itemizers that charitable contributions made this year may qualify for a tax deduction. This temporary rule comes from a provision in the Coronavirus Aid, Relief, and...
by Freedom Advisors | Dec 13, 2021 | Tax Tips and News
The Internal Revenue Service has updated its online information with the aim of helping individual taxpayers qualify for Economic Impact Payments (EIPs) if they didn’t already get one. The agency says it has updated its frequently asked questions (FAQs) on the 2020...