Every year, Drake Software uses Internal Revenue Service statistics to create an infographic highlighting important tax-filing information gathered throughout the year. For example, last year saw taxpayers increasingly turn to do-it-yourself platforms when it was time to file their federal tax return.…

Read more about 2021 Tax Filing Statistics [Infographic]

The months leading up to filing season are packed with studying tax law changes, learning software updates, training seasonal staff, and—of course—the holidays. During the pre-season hustle, it’s easy to forget one of the most important ingredients for a successful tax business: an up-to-date data security plan.…

Read more about Cyber Security Essentials for Tax & Accounting Firms [Webinar]

The CPA Journal this week announced the results of its twentieth annual survey of members of the New York State Society of CPAs, titled “Tax Software in the Ongoing Pandemic Environment.” Respondents were asked about a range of issues, from problems faced throughout filing season to how their tax software performed.…

Read more about Drake Takes 5 Categories in Survey of NYSSCPAs

The IRS, the Independent Sector, and the National Council of Nonprofits are this week reminding non-itemizers that charitable contributions made this year may qualify for a tax deduction. This temporary rule comes from a provision in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was designed to help cash-strapped nonprofits during the pandemic.…

Read more about IRS, Nonprofits Remind Taxpayers About Deduction

The National Association of Tax Professionals recently hosted “Taxes Today: A Discussion of ACTC & Hot Topics,” an on-demand webinar including experts from the NATP and Drake Software:Drake Software…

Read more about Taxes Today: A Discussion of ACTC & Hot Topics [Webinar]

The Security Summit focused on safe surfing habits, fake charities, and IP PINs for the first three days of National Tax Security Awareness Week. On the fourth day of their annual data security outreach campaign, the Summit is reminding tax professionals to perform a security checkup.…

Read more about It’s Time for a Security Checkup

Cyber Monday traditionally closes out the busiest holiday shopping weekend of the year, which sees Americans swarming stores and crawling websites for post-Thanksgiving sales. Despite predictions of fewer in-person shoppers and eye-popping deals, there’s no doubt that consumers want to get the best bang for their buck.…

Read more about Stay Safe on Cyber Monday

Drake Software and Right Networks are collaborating on this three-part series highlighting different software solutions available to tax professionals. In part three, we look at how cloud application hosting facilitates remote work.…

Read more about Cloud Applications and Remote Work for Tax Pros

Drake Software surveyed more than 2,500 tax professionals to learn what steps they’ve taken to prepare for the upcoming filing season. We compiled the results in the FREE Are You Ready for Filing Season? Infographic, which covers issues related to credentials and training, software and office equipment, and client communication and services.…

Read more about 2021 Are You Ready for Filing Season? [Infographic]

Drake Software and Right Networks are collaborating on this three-part series highlighting different software solutions available to tax professionals. In part two, we look at how cloud application hosting handles data security.…

Read more about Cloud Application Hosting and Data Security