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

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Don’t Overlook Recent Changes to Retirement Plans

Bob Williams - March 18, 2021
Don’t Overlook Recent Changes to Retirement Plans

There are a lot of things vying for our attention these days: the coronavirus, vaccine opportunities, new Economic Impact Payments—all worthy topics. But when it comes to taxes, recent changes to retirement plan rules also shouldn’t go unnoticed.…

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Retirement Plan Participants Can Now Sign Elections Remotely

Bob Williams - June 04, 2020
Retirement Plan Participants Can Now Sign Elections Remotely

The Internal Revenue Service is temporarily allowing taxpayers who participate in certain retirement plans—or their beneficiaries—to make participant elections electronically.…

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Things to Remember About Early Withdrawals from Retirement Plans

Bob Williams - March 15, 2018
Things to Remember About Early Withdrawals from Retirement Plans

Somewhere between the time we start our work careers and the time we finally retire, life happens. During that time span, many taxpayers feel the need to dip into their Individual Retirement Account…

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