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

2019 Filing Season Statistics

2019 Filing Season Statistics

In the 2019 Filing Season Statistics infographic, Drake Software breaks down some of the key takeaways, like the total number of returns filed, how many returns were filed by tax professionals, and more.…

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After That Return is e-Filed

After That Return is e-Filed

Being professionals, we all know how to give our clients the most accurate, best-case-scenario income tax return. But what happens after we send that return? Do you find yourself fielding call after…

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What to Expect This Tax Season

What to Expect This Tax Season

With the passage of the New Year, the tax return filing machinery is tuning up and preparing for the race to April 18. The Internal Revenue Service will begin accepting returns Monday, Jan. 23.…

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Health Care-Related Tax Responsibility

Health Care-Related Tax Responsibility

The Internal Revenue Service recently suggested that taxpayers consider checking their eligibility for health care-related tax exemptions. Taxpayers who plan their finances around a refund check may be better able to budget during tax season by researching their options before January 23, 2017.…

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IRS Announces the First Day of Tax Season, Issues Refund Delay Reminder

IRS Announces the First Day of Tax Season, Issues Refund Delay Reminder

Tax professionals across the country are gearing up for tax season, which the Internal Revenue Service today announced will officially begin on January 23, 2017. The press release included yet another reminder about PATH Act-delayed refunds: taxpayers claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) will not have their refund issued until February 15, 2017.…

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