Drake Software blog for tax pros, covering tax, IRS news, and more
This episode of the Taxing Subjects Podcast covers recent announcements about Economic Impact Payments, the Paycheck Protection Program, coronavirus scams, and more.…
Read more about PPP Loan Forgiveness, Coronavirus Scams, EIP Cards, and More - E45
The Treasury Department has issued an additional $41 billion in Economic Impact Payments since May 8, 2020.…
Read more about IRS Updates Economic Impact Payment Statistics
The Inspector General’s auditors looked at 49 vouchers from the 2018 fiscal year that included expenses from undercover travel.…
The Internal Revenue Service says it is in the process of hiring 3,500 additional telephone representatives so that taxpayers can get answers to their questions about Economic Impact Payments.…
The IRS wants help spreading the word about Economic Impact Payments.…
Read more about IRS Sends EIP Information Packets to Partner Organizations
Learn about recent IRS announcements concerning Economic Impact Payments, Virtual Settlement Days, the Special Enrollment Exams, and more in the latest news-roundup episode of the Taxing Subjects Podcast.…
Read more about Economic Impact Payments, Virtual Settlement Days, Delayed EA Exams, and More – E44
The U.S. Treasury Department has found a loophole in the stimulus payments sent out to individuals. Some of the recipients were actually deceased—and Treasury wants that money back.…
Read more about Treasury Wants Payments to Deceased Taxpayers Returned
The Internal Revenue Service is reminding employers who have been impacted by the Coronavirus pandemic that three new credits are available for them.…
Read more about New Credits Available for Businesses Hit by COVID-19
The Internal Revenue Service reminded low-income Americans who don’t normally file a tax return that they are probably eligible to receive an Economic Impact Payment.…
Read more about IRS Urges Low-Income Non-Filers to Use EIP Reporting Tool
The Tax Foundation found that an excise tax on firearms and other hunting and fishing gear is feeding tax proceeds back into projects that ultimately benefit outdoorsmen paying the tax.…
