Drake Software blog for tax pros, covering tax, IRS news, and more
This summer, the U.S. has been subjected to more than its share of natural disasters. While disaster survivors may look at their tasks mainly as clearing debris and rebuilding structures, there’s another tool in the recovery tool belt that is just as important: actions that rebuild the taxpayer’s financial records.…
The Treasury Department last week announced that the Small Business Administration is making it easier to request Paycheck Protection Program (PPP) loan forgiveness for loans that are $50,000 or less.…
Read more about Treasury Says SBA Has Simpler Forgiveness Application for Certain PPP Loans
The pandemic has affected everything in American life, even National Small Business Week. This year, the Internal Revenue Service spent all three days of the event highlighting online resources that can help small businesses dealing with coronavirus-related difficulties.…
Read more about IRS Spotlights Online Tax Resources for Small Business Week
