The Drake Software Blog
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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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IRS Announces 2021 Income Ranges for IRA, Saver’s Credit Eligibility, and More
Taxpayers trying to plan their 2021 deductible retirement plan contributions will be happy to learn that the Internal Revenue Service…
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New 1065 Instructions Unveiled
The Internal Revenue Service has released an early draft of the instructions to Form 1065, U.S. Return for Partnership Income…
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