Drake Software blog for tax pros, covering tax, IRS news, and more

Drake Software Blog Team

The Drake Software Blog Team is proud to cover the latest in tax-industry-related news, from tax law and IRS updates to technology and business strategies. Please subscribe to receive the most up-to-date news.


Building a Website for Your Tax Firm: A Comprehensive Guide

Building a Website for Your Tax Firm: A Comprehensive Guide

In the digital age, having a robust online presence is indispensable for any business, and tax firms are no exception. A well-crafted website serves as the cornerstone of your firm's digital identity, providing a platform to showcase your expertise, attract new clients, and offer valuable resources to your existing clientele. This comprehensive guide will walk you through the steps of building an effective website for your tax firm, emphasizing professional best practices, user experience, and SEO strategies to enhance your online visibility. Continue to our full post for more information on building a website.…

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Common Tax Filing Errors to Avoid

Common Tax Filing Errors to Avoid

Tax season can be a stressful time for many preparers. The added pressure of an approaching deadline can sometimes cause even the most meticulous minds to overlook a filing mistake. With careful attention to detail however, you can avoid common errors that could potentially delay refunds or even trigger an audit. Find our full list of common mistakes to look for in this blog post.…

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Safeguarding Against Identity Theft for Tax Professionals

Safeguarding Against Identity Theft for Tax Professionals

In an era where identity theft is increasingly targeting tax professionals, the urgency for comprehensive security measures has never been more pronounced. The Internal Revenue Service (IRS), in collaboration with its Summit partners, is at the forefront of advocating for robust protective strategies within the tax community. Read the full post for the latest on how the IRS and partners are combating this threat.…

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Navigating IRS CPE Requirements: A Guide for Tax Preparers

Navigating IRS CPE Requirements: A Guide for Tax Preparers

As the tax landscape evolves and complexities abound, tax preparers face the constant challenge of staying abreast of the latest regulations and practices. For Enrolled Agents (EAs), maintaining their status with the federal government necessitates adherence to stringent Continuing Professional Education (CPE) requirements outlined by the Internal Revenue Service (IRS). In this blog post, we'll delve into the specifics of these requirements, shedding light on what it takes to remain compliant and proficient in the ever-changing realm of tax preparation.…

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Benefits of Offering Multiple Payment Options as a Tax Preparer

Benefits of Offering Multiple Payment Options as a Tax Preparer

In the fast-paced world of tax preparation, providing exceptional service goes beyond just filling out forms and crunching numbers. It's about creating a seamless experience for clients from start to finish, including how they pay for your services. In today's digital age, offering multiple payment options can make a significant difference in client satisfaction and business success. Click here for the full piece.…

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Victims of ERC Fraud Can Use Voluntary Disclosure Program Through March 22

Victims of ERC Fraud Can Use Voluntary Disclosure Program Through March 22

The Employee Retention Credit (ERC), initially introduced as part of the CARES Act in 2020 and extended through subsequent legislation, aims to provide financial relief to businesses impacted by the COVID-19 pandemic. However, claiming this credit requires adherence to specific criteria outlined by the IRS. In light of this, the IRS has issued a reminder urging businesses to review their qualifications for the ERC diligently. Read the rest of our latest blog post to find out more on this topic.…

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