Drake Software blog for tax pros, covering tax, IRS news, and more
The Internal Revenue Service this week told "non-traditional families" that they could also qualify for advance payments of the Child Tax Credit.…
Read more about Advance Child Tax Credit for "Non-Traditional Families"
Recent changes in the tax regulations to help ease the burdens of the pandemic could lead to lower tax bills at filing time for some Americans. The new benefits allow taxpayers who do not itemize to take advantage of donations to charity—at least for a while.…
The Internal Revenue Service says taxpayers need to check on their withholding levels to see if they have the right amount of tax held out of their paychecks. The reason is the new tax reform law that…
Read more about IRS Recommends Withholding Checkup for Taxpayers
