Drake Software blog for tax pros, covering tax, IRS news, and more
Much attention has been given lately to the Child Tax Credit and its advance payments. But taxpayers might be able to claim another credit if their dependents don't qualify for the CTC.…
Much has been made recently of the Child Tax Credit. And what’s not to like? This refundable credit could be worth thousands of dollars in refund and recent legislation allows advance payments to qualified taxpayers.…
Today marks the official start of filing season, meaning millions of taxpayers across the country are starting to gather tax-related documents ahead of a visit with their tax preparer. For their part, the Internal Revenue Service is hard at work providing helpful tips about necessary forms and tax credits.…
Read more about IRS Highlights Info About the Credit for Other Dependents
The IRS is continuing its taxpayer-education outreach by highlighting the Credit for Other Dependents in a recent press release.…
Read more about IRS Highlights the Credit for Other Dependents
