The Internal Revenue Service is continuing in its effort to give taxpayers the very latest information right up to the end of tax season, by updating its frequently asked questions (FAQs) for the 2021 Rebate Recovery Credit a second time this year.…
The Internal Revenue Service wants taxpayers to know it has revised some of the frequently asked questions (FAQs) surrounding the Recovery Rebate Credit for a second time.The newly updated information…
Read more about 2020 Recovery Rebate Credit FAQs Updated Again
For millions of American taxpayers, the foremost question in their minds during tax season is how long it will take to get their refund.…
Read more about IRS Says Some Refunds Take More Than 21 Days
For millions of American taxpayers, all that stands between them and a big tax bill when they file are estimated tax payments.…
Read more about IRS Issues Reminder for Q1 Estimated Tax Payment Deadline
Those who own or control financial or bank accounts that are in a foreign country have some reporting to do, and soon. They have to file an annual Report of Foreign Bank and Financial Accounts—also known as the FBAR—on or before April 15.…
We made it to April. The filing deadline looms large as procrastinating taxpayers across the country are finally scrambling to get their tax documents together. But it’s not just the home stretch for filing season; this is the month that CPA Practice Advisor usually releases the results of their annual survey: The Readers’ Choice Awards.…
Read more about Drake Wins 5 Categories in 2022 CPA Practice Advisor Readers’ Choice Awards
Now that the Internal Revenue Service has mailed Letters 6475 to all the taxpayers who got third-round Economic Impact Payments (EIPs), there’s only one door left open to those who didn’t get the full…
The Internal Revenue Service is going the extra mile to ensure taxpayers have the newest information on the third-round Economic Impact Payment.…
Read more about IRS Updates FAQs on Third-Round Economic Impact Payments
The Internal Revenue Service has issued a new set of frequently asked questions (FAQs) covering the unemployment compensation exclusion for the 2020 tax year.…
Read more about IRS Updates FAQs on 2020 Unemployment Compensation Exclusion
Drake Software® (“Drake”), one of the leading professional tax software developers, is excited to announce the opening of a new location in Greenville, SC. To celebrate, Drake plans to host a hackathon on April 23, 2022.…
Read more about Drake Celebrates New Greenville Location with Hackathon
