The Drake Software Blog
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Tax Year 2020 Annual Inflation Adjustments Revealed by IRS
A recent Internal Revenue Service press release revealed the tax year 2020 annual inflation adjustments, which affect a number of…
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IRS Announces New Way to Pay Tax Bills That Have Gone to Private Collections
IRS Stresses Convenience of New Payment Method Taxpayers whose outstanding tax bill has been referred to a private debt collector…
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IRS to Stop Sending W-2 Verification Codes
Form W-2 Reporting Deadline Moved to January 31 The Internal Revenue Service on Friday announced that it is ending the…
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Safe Harbor Clarifies QBI Deduction for Some Rental Properties
Taxpayers interested in taking the section 199A qualified business income deduction (QBI) for their rental property will be happy to…
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Tax Relief Available When Disaster Strikes
While current weather patterns point to an active hurricane season, the IRS wants taxpayers to know that disaster assistance and…
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