The Drake Software Blog
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More Time to Register to Get $500 EIP for Children
Some people managed to register for their $1,200 Economic Impact Payment (EIP) but just didn’t have the necessary information in-hand…
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New Guidance Clears Up Partnership Deduction for State, Local Taxes
A new notice from the Internal Revenue Service reveals some new rules that are expected to be included in upcoming…
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IRS Says Self-Supporting College Students Could Qualify for an EIP
The Internal Revenue Service announced that some college students could qualify for an Economic Impact Payment. This press release is…
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IRS Streamlines Payment Agreement Setup
The Internal Revenue Service has unveiled changes they say will help struggling taxpayers affected by the pandemic settle their IRS…
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Some FBAR Filers Have One Extended Deadline Remaining
Most US citizens, entities, and resident aliens with a foreign bank or financial account have seen their IRS reporting deadline…
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