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

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IRS Highlights Credits for Higher Education

Bob Williams - March 10, 2022
IRS Highlights Credits for Higher Education

While most things have been getting more expensive lately—gasoline, food, rent, you name it—higher education has been pricey for a long time.…

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Reasons Some Non-Filers Should File This Year

Bob Williams - January 19, 2022
Reasons Some Non-Filers Should File This Year

With tax time’s arrival, those Americans who don’t normally have to file an income tax return usually think their circumstances mean they have no benefit to filing a return.…

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What Taxpayers Need to Know About Higher Education Credits

Bob Williams - July 23, 2021
What Taxpayers Need to Know About Higher Education Credits

Let’s face it: higher education is expensive, whether it’s community college, a trade school, a four-year university or an advanced degree. That’s where higher education tax credits come in.…

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IRS to Accept Tax Returns with Education Credits, Depreciation This Week

admin taxing_subjects - February 11, 2013
IRS to Accept Tax Returns with Education Credits, Depreciation This Week

The Internal Revenue Service announced today that taxpayers will be able to start filing two major tax forms next week: Education Credits, Form 8863, and Depreciation and Amortization, Form 4562...…

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