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

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Tax Tips for New Business Owners

Bob Williams - August 28, 2019
Tax Tips for New Business Owners

Owning your own business can be a very rewarding experience. The process of starting a business, however, can seem overwhelming to the uninitiated.…

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IRS "Tax Tip" Covers Small Business Health Care Tax Credit

admin taxing_subjects - March 13, 2015
IRS "Tax Tip" Covers Small Business Health Care Tax Credit

The IRS released a notice for small businesses employing less than 25 people, outlining how they may be able to take advantage of the Small Business Health Care Tax Credit. The "Tax Tip" covers the…

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Five Key Facts about Unemployment Benefits

admin taxing_subjects - March 05, 2015
Five Key Facts about Unemployment Benefits

On Tuesday, the IRS released unemployment benefits information that can help tax preparers keep their clients informed of available compensation. The article discusses whether recipients need to…

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IRS Tax Tips: Key Points to Know About Early Retirement Distributions

admin taxing_subjects - March 01, 2015
IRS Tax Tips: Key Points to Know About Early Retirement Distributions

The IRS recently released information about early retirement distributions that could prove useful to tax preparers, covering additional taxes on early withdrawals, nontaxable withdrawals, check…

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IRS Encourages Small Employers to Check Out Small Business Health Care Tax Credit

admin taxing_subjects - March 11, 2014
IRS Encourages Small Employers to Check Out Small Business Health Care Tax Credit

IRS Encourages Small Employers to Check Out Small Business Health Care Tax Credit; Helpful Resources, Tax Tips Available on IRS.gov With business tax-filing deadlines fast approaching, the Internal…

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