The Drake Software Blog
-
2021 Standard Mileage Rates Now Available
Taxpayers who expect to do some business-related driving next year will probably be happy to learn that the optional standard…
-
Guidance Released for Some Debt Instruments Issued for Property
The Internal Revenue Service has issued Revenue Ruling 2021-01, which lays out the prescribed rates for various income tax purposes.…
-
New IRS Guidance Eases Burdens on Certain Safe Harbor Plans
The Internal Revenue Service has issued Notice 2020-86, addressing certain parts of the SECURE Act that affect safe harbor plans—including…
-
Final Regulations Clarify Section 1031 Like-Kind Exchanges
The Internal Revenue Service and the Treasury Department have issued their final regulations on section 1031 like-kind exchanges. The regulations…
-
IRS to Mask Key Details on Business Transcript
After Dec. 12, business tax transcripts will soon be a little less informative—for good reason. The IRS will start masking…
LATEST DOWNLOADS
Click to download Drake Software’s Tax Pro’s Go-To Checklist for Preparing Schedule K-1s
TRENDING