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

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Don’t Overlook Recent Changes to Retirement Plans

Bob Williams - March 18, 2021
Don’t Overlook Recent Changes to Retirement Plans

There are a lot of things vying for our attention these days: the coronavirus, vaccine opportunities, new Economic Impact Payments—all worthy topics. But when it comes to taxes, recent changes to retirement plan rules also shouldn’t go unnoticed.…

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Still Want to Make a 2016 IRA Contribution? You Can

Ryan Norton - March 16, 2017
Still Want to Make a 2016 IRA Contribution? You Can

According to the most recent Internal Revenue Service “Tax Time Guide,” clients can still contribute money to their 2016 Individual Retirement Account (IRA). The IRS-issued reminder also noted that…

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IRS Discusses IRAs in Newest "Tax Time Guide"

admin taxing_subjects - March 16, 2015
IRS Discusses IRAs in Newest "Tax Time Guide"

The newest IRS guide, "Still Time to Contribute to an IRA for 2014," briefly covers some differences between traditional and Roth IRAs, including how much taxpayers may contribute to their respective…

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