Drake Software blog for tax pros, covering tax, IRS news, and more
The Internal Revenue Service has released its annual report for 2019, giving Commissioner Chuck Rettig a chance to explain the improvements implemented in the American tax system in the last year.…
Read more about IRS Annual Report: Tax Changes and Enforcement
Usually, the profits your clients earn are taxable. However, if a taxpayer sells their home, they may not have to pay taxes on the money they gain. So we’ve got some tips for taxpayers who are…
Paying Taxes: Does The IRS Take Plastic?Have your clients ever inquired about paying their federal tax bill with a credit card or debit card? Drake provides two options to help your client pay their…
Small-Business Partnerships to Be Priority of IRS Exams: Taxes The Internal Revenue Service is shifting its small-business audit focus from corporations to various types of partnerships as those…
Read more about Small-Business Partnerships to Be Priority of IRS Exams: Taxes
