The Drake Software Blog
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COVID Paid Leave Credit Clarified for Employers
The Internal Revenue Service has updated its guidance on expanded paid sick and family leave tax credits available to employers…
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More Unemployment Tax Refunds Coming, IRS Says
The Internal Revenue Service says it’s not done issuing refunds for tax paid on COVID unemployment benefits. Another 1.5 million…
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IRS Highlights Tax Resources for College Students
With summer comes the prospect of a summer job for college students. Many times, their top priorities are twofold: Get…
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What Taxpayers Need to Know About Higher Education Credits
Let’s face it: higher education is expensive, whether it’s community college, a trade school, a four-year university or an advanced…
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IRS Explains Educator Expense Deduction
The Internal Revenue Service has long allowed educators to deduct part of the cost of supplies and other expenses from…
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