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

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Tax Relief Coming to Colorado Wildfire Victims

Bob Williams - January 04, 2022
Tax Relief Coming to Colorado Wildfire Victims

Victims of the New Year wildfires in Colorado now have one less thing to worry about. The Internal Revenue Service has given individual and business taxpayers affected by the disaster until May 16 to…

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IRS Relief Now Covers Kentucky, Parts of Illinois and Tennessee

Bob Williams - December 27, 2021
IRS Relief Now Covers Kentucky, Parts of Illinois and Tennessee

As recovery efforts spread across parts of the south in the wake of the December 10 tornadoes, the Internal Revenue Service is expanding its effort to give affected taxpayers in the region a helping hand.…

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Some Mississippi Counties Get Expanded Ida Relief

Bob Williams - October 28, 2021
Some Mississippi Counties Get Expanded Ida Relief

While most of the nation’s attention is turned to fall colors and the Thanksgiving holidays, residents of some Mississippi counties still have all-too-vivid memories of meaner weather earlier in the summer.…

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IRS Announces Tax Relief for Pennsylvania

Bob Williams - September 14, 2021
IRS Announces Tax Relief for Pennsylvania

Parts of Pennsylvania have been added to the list of locations eligible for tax relief measures in the wake of Hurricane Ida.…

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Mississippi Gets Hurricane Ida Tax Relief

Ryan Norton - September 10, 2021
Mississippi Gets Hurricane Ida Tax Relief

The Internal Revenue Service announced that Mississippi will now receive tax relief in the wake of Hurricane Ida, delaying some filing and payment deadlines for affected taxpayers. The Magnolia State joins a list that currently includes Louisiana, New Jersey, and New York.…

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Tax Relief for Storm Victims Expands to Northeast

Bob Williams - September 10, 2021
Tax Relief for Storm Victims Expands to Northeast

Just as Hurricane Ida wreaked danger and misery to people from Louisiana to the Northeast, the Internal Revenue Service is expanding its tax relief for the storm’s victims.…

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IRS Has Tips for Rebuilding Tax Records

Bob Williams - September 07, 2021
IRS Has Tips for Rebuilding Tax Records

This summer, the U.S. has been subjected to more than its share of natural disasters. While disaster survivors may look at their tasks mainly as clearing debris and rebuilding structures, there’s another tool in the recovery tool belt that is just as important: actions that rebuild the taxpayer’s financial records.…

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Hurricane Sally Victims Get IRS Tax Relief

Bob Williams - September 28, 2020
Hurricane Sally Victims Get IRS Tax Relief

Taxpayers affected by Hurricane Sally have been given tax relief by the Internal Revenue Service. They now have until Jan. 15, 2021 to file various individual and business returns and make payment of tax due.…

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Tennessee Tornado Victims Get Tax Relief from IRS

Bob Williams - March 09, 2020
Tennessee Tornado Victims Get Tax Relief from IRS

Victims of the recent tornadoes that swept through Tennessee have gotten some tax relief from the Internal Revenue Service.…

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