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IRS Clarifies Digital Assets Not the Same as Cash—Yet

IRS Clarifies Digital Assets Not the Same as Cash—Yet

by Taxing Subjects | Jan 25, 2024 | Tax Tips and News

In a significant move last week, the Treasury Department and IRS announced that digital assets received by businesses do not follow the same reporting

Meet Drake Pay: an Integrated Payment Processing Solution

Meet Drake Pay: an Integrated Payment Processing Solution

by Taxing Subjects | Jan 17, 2024 | Tax Tips and News

Drake Software® is excited to introduce Drake Pay™, a payment integration solution that works seamlessly with Drake’s suite of software products.

Name, Image, and Likeness (NIL) Income for College Athletes [DOWNLOAD]

Name, Image, and Likeness (NIL) Income for College Athletes [DOWNLOAD]

by Taxing Subjects | Jan 8, 2024 | Tax Tips and News

Name, Image, and Likeness (NIL) income, or income gained from personal brand influence, has opened opportunities for student-athletes in college athle

IRS Announces Penalty Relief for Nearly 5 Million Tax Returns

IRS Announces Penalty Relief for Nearly 5 Million Tax Returns

by Taxing Subjects | Jan 5, 2024 | Tax Tips and News

The IRS has announced new penalty relief totaling around $1 billion to approximately 4.7 million individuals, businesses, and tax-exempt organizations

IRS Updates Flurry of Clean Energy Provisions in Closing Days of 2023

IRS Updates Flurry of Clean Energy Provisions in Closing Days of 2023

by Taxing Subjects | Jan 4, 2024 | Tax Tips and News

The Internal Revenue Service updated and modified guidance surrounding an assortment of clean energy credits and other provisions over the closing day

Recent Posts

  • IRS Disaster Relief
  • IRS Warns Tax Preparers of EFIN Documentation Scam
  • Victims of ERC Fraud Can Use Voluntary Disclosure Program Through March 22
  • IRS Clarifies Digital Assets Not the Same as Cash—Yet
  • Meet Drake Pay: an Integrated Payment Processing Solution

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