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Drake Software blog for tax pros, covering tax, IRS news, and more

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Estimated Tax Deadlines Pushed Back to July 15

Bob Williams - June 09, 2020
Estimated Tax Deadlines Pushed Back to July 15

Individual taxpayers and corporations have some extra breathing room for paying their 2020 estimated taxes. The IRS reminds individuals and corporations alike that the estimated tax payments normally due on April 15 and June 15 have been pushed back to July 15, without penalty.…

Read more about Estimated Tax Deadlines Pushed Back to July 15

IRS Wants Farmers and Fishermen to Remember March 2 Deadline

Ryan Norton - February 26, 2020
IRS Wants Farmers and Fishermen to Remember March 2 Deadline

If any of your clients make two thirds of their gross income from farming or fishing, they may need to file a Form 1040 and pay tax due on Monday.…

Read more about IRS Wants Farmers and Fishermen to Remember March 2 Deadline

IRS to Small Businesses: Don’t Forget Quarterly Estimated Tax Payments

Ryan Norton - September 10, 2018
IRS to Small Businesses: Don’t Forget Quarterly Estimated Tax Payments

The IRS issued several withholding notifications throughout the year, including a four-part series advising small businesses to make timely estimated quarterly tax payments.…

Read more about IRS to Small Businesses: Don’t Forget Quarterly Estimated Tax Payments

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