by TallyPage Accounting and Bookkeeping | Jan 18, 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. This solution allows our customers to accept payments from their clients effortlessly and directly in their tax...
by TallyPage Accounting and Bookkeeping | Jan 10, 2024 | Tax Tips and News
Filing deadlines often change for taxpayers in regions that experience natural disasters. When these extreme weather events hit, the IRS frequently provides tax due date extensions. The relaxed due dates are intended to give more time to the individuals and businesses...
by TallyPage Accounting and Bookkeeping | Jan 9, 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 athletics. With the additional income stream comes new tax implications, however, that many student-athletes have not...
by TallyPage Accounting and Bookkeeping | Jan 6, 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. This relief is aimed at those who did not receive automated collection reminder notices during the pandemic, which...
by TallyPage Accounting and Bookkeeping | Jan 5, 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 days of 2023. Some of the changes will be in effect next tax season, while other alterations will not be realized for a...