Drake Software blog for tax pros, covering tax, IRS news, and more
The Internal Revenue Service has issued rules and guidance covering two disparate tax areas: renewable energy and retirement payments.…
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The Internal Revenue Service has come up with a new online tool that’s designed to help employers—especially those in small business—easily determine the correct amount of income tax to withhold from workers’ pay.…
Read more about New Downloadable Tool Helps Small Business with Employee Withholding
The IRS this week reminded taxpayers that the filing deadline for those with a tax extension is Tuesday, October 15, 2019. Generally, taxpayers who request an extension are given an extra six months to file their tax return with the IRS.…
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
