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

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IRS Announces Online EIP Registration Tool for Non-Filers

Ryan Norton - April 10, 2020
IRS Announces Online EIP Registration Tool for Non-Filers

The IRS unveiled a new online tool to help non-filers register to receive an Economic Impact Payment (EIP): the “Non-Filers: Enter Payment Info Here” feature on IRS.gov.…

Read more about IRS Announces Online EIP Registration Tool for Non-Filers

Drake Tax Supports EIP Returns

Ryan Norton - April 08, 2020
Drake Tax Supports EIP Returns

Drake Software today announced that Drake Tax supports Economic Impact Payment (EIP) returns, providing customers a way to help those who don’t typically file a return receive the payment recently authorized by the CARES Act.…

Read more about Drake Tax Supports EIP Returns

IRS Explains the Coronavirus Stimulus Scam

Ryan Norton - April 03, 2020
IRS Explains the Coronavirus Stimulus Scam

Scammers are posing as government officials and contacting targets to request information they say is required to process coronavirus stimulus payments. Unfortunately, they are now using every tactic possible, from email and phone scams to text messages, social media, and fake websites.…

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Treasury Clarifies Economic Impact Payments for Americans on Social Security

Ryan Norton - April 02, 2020
Treasury Clarifies Economic Impact Payments for Americans on Social Security

The Treasury Department recently dispelled some uncertainty regarding how it would handle economic impact payments for Americans on Social Security.…

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Economic Impact Payments: The Facts

Bob Williams - March 31, 2020
Economic Impact Payments: The Facts

Distribution of the federal government’s economic impact payments, meant to counter the economic effects of the coronavirus pandemic in the U.S., is scheduled to start in the coming weeks, according…

Read more about Economic Impact Payments: The Facts

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