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IRS Clarifies Digital Assets Not the Same as Cash—Yet

IRS Clarifies Digital Assets Not the Same as Cash—Yet

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

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]

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

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

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

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