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

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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.…

Read more about IRS Announces Tax Relief for Pennsylvania

No Dyed Fuel Penalty for Some in Louisiana

Bob Williams - September 08, 2021
No Dyed Fuel Penalty for Some in Louisiana

When a major natural disaster strikes, it’s not uncommon for federal officials to pull out all the stops at their disposal to speed the wheels of recovery. That’s what’s happening now in Louisiana, in the wake of Hurricane Ida.…

Read more about No Dyed Fuel Penalty for Some in Louisiana

Tax Relief for Wildfire and Hurricane Victims

Ryan Norton - October 20, 2020
Tax Relief for Wildfire and Hurricane Victims

Taxpayers dealing with the fallout from wildfires in California and Hurricane Delta in Louisiana yesterday received some good news from the Internal Revenue Service. Following the Federal Emergency Management Agency’s disaster declarations for affected areas, the IRS is giving victims additional time to meet certain filing and payment deadlines.…

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IRS Approves Hardship Distributions for Louisiana Flood Victims

Bob Williams - August 31, 2016
IRS Approves Hardship Distributions for Louisiana Flood Victims

The Internal Revenue Service has approved additional tax relief measures for Louisiana residents hard-hit by recent flooding. The IRS previously pushed back tax deadlines for taxpayers in the parishes…

Read more about IRS Approves Hardship Distributions for Louisiana Flood Victims

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