The Drake Software Blog
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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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Tax Relief for Wildfire and Hurricane Victims
Taxpayers dealing with the fallout from wildfires in California and Hurricane Delta in Louisiana yesterday received some good news from…
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IRS Reminds Tax Pros about PTIN renewal and AFSP Opportunities
The Internal Revenue Service Return Preparer’s Office is reminding tax professionals about the PTIN renewal deadline and Annual Filing Season…
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