The IRS issues relief packages to areas that recently experienced natural disasters or events designated as disasters by the United States government. This blog post provides extension details and provides information on IRS legislature about filing tax returns in the wake of extreme weather or disaster incidents. Bookmark this post for updates!…
Do you have a client worried that they may have unintentionally filed an inaccurate claim for the Employee Retention Credit? The IRS is offering a way out! Read today’s blog post for more information and resources.…
Check out today’s blog! Matt Jagst, Drake Software Head of Product, shares his perspective on recent findings from a Drake Software survey of tax professionals. In this survey, tax professionals were asked to share their experience working with clients in an environment that continues to lean toward contactless services after the events of 2020 and a reliance on evolving technology. If you missed our survey, we would love to hear your thoughts in the chat below!…
Learn how paramount accurate and timely news is for tax preparers and discover subject areas to expand your expertise. Read the full blog post by clicking here.…
The Internal Revenue Service is going the extra mile to ensure taxpayers have the newest information on the third-round Economic Impact Payment.…
Read more about IRS Updates FAQs on Third-Round Economic Impact Payments
The Internal Revenue Service has issued a new set of frequently asked questions (FAQs) covering the unemployment compensation exclusion for the 2020 tax year.…
Read more about IRS Updates FAQs on 2020 Unemployment Compensation Exclusion
It’s often said that computer security is everyone’s business, and now that’s truer than ever. With cybercriminals hatching scams and schemes at every turn, everyone—from taxpayers to tax professionals—has to stay on their guard to secure their computers, tablets, and phones against these cybercrooks.…
The Internal Revenue Service is relying on technology to help it keep up with its growing need for taxpayer support.…
While most things have been getting more expensive lately—gasoline, food, rent, you name it—higher education has been pricey for a long time.…
With tax season in full swing, the Internal Revenue Service wants taxpayers to be sure they’re not overlooking ways they could lessen their tax liabilities. To take advantage of one method, though, taxpayers have to be fairly quick, because there’s a deadline to meet.…
