Time Running Out to File for Recovery Rebate Credit
The window for claiming a pandemic-driven tax credit is still open to taxpayers who didn’t take advantage of it during the main Covid outbreak. But
Retirement Contribution Amounts Increased for 2024
The Internal Revenue Service has passed along an early Christmas present of sorts to many taxpayers by increasing the maximum contribution amounts for
Time to Renew PTINs for 2024 Tax Season
We are just weeks away from a new tax season, and that means it’s time for tax professionals to renew their Preparer Tax Identification Numbers (PTI
Understanding the New IRS E-Filing Requirements for Forms W-2
As we prepare for the 2024 tax season, the IRS is also updating regulations for tax forms and filing requirements. One such regulation establishes a n
Drake Software Update Schools 2023
Drake Software® Update Schools return this year in 4 U.S. cities plus our hometown of Franklin, NC! Experts from Drake Software including Chief Reve
The IRS Offers a Way Out to Filers Worried About Bogus Employee Retention Credit Claims
The Internal Revenue Service has given small business owners and others who may have unintentionally filed inaccurate claims for the Employee Retentio