As a tax preparer, maintaining a thorough record of resources is vital for efficiency and achievement in your role. In addition to necessary and potentially frequent contact with the Internal Revenue Service (IRS) via phone, you will likely need to establish connections with other tools and websites that contribute to your success as a tax professional.…
A new wave of advertising is churning up interest in a tax credit intended to help businesses and non-profits that tried to retain their employees during the COVID-19 pandemic. However, the ads on TV and radio, online, and even direct mail leave out a critical fact: most of the promoters’ clients won’t qualify for the credit.…
Read more about Real Facts About Bogus Claims for the Employee Retention Credit
Becoming a professional tax preparer can require a combination of education, certifications, and on-the-job experience. Based on your personal qualities and skills, you can pursue a rewarding and successful career by learning and applying the intricacies of tax regulations.…
Artificial intelligence (AI) is regularly a hot topic in the news, and you may have recently heard about Open AI, Generative AI, or specific products like ChatGPT. As a tax and accounting professional, you might be asking, “What does all of this mean, and should I care?”…
Read more about Generative AI in the Tax and Accounting Profession: Friend or Foe?
By implementing a well-rounded marketing plan that encompasses online presence, social media engagement, networking, client referrals, and continuous analysis, tax preparers can successfully position themselves in a competitive market. Embrace the power of effective marketing strategies for tax preparers and watch your business thrive.…
Read more about Mastering Effective Marketing Strategies for Tax Preparers
As an IRS-approved continuing education provider, we know that preparing for the upcoming filing season requires more than updating your professional tax preparation software. That’s why our education specialists work tirelessly to deliver self-study and on-demand continuing education courses. We’re proud to announce that the Drake Software 2023 Annual Federal Tax Refresher Course (AFTR) is now available!…
At Drake Software, we care about making your job as a tax preparer simple and efficient. We’ve gladly broken down the Continuing Professional Education (CPE) requirements for Enrolled Agents established by the IRS in our latest blog post so you can focus on what you do best.…
As a tax professional, having an online interface is a necessary feature in the twenty-first century to increase your accessibility and reliability. Creating a website is the simplest and most effective way to attract new clients and establish your online presence.…
Read more about How to Build a Website for Tax Professionals
While finding off-season work as a tax preparer may require some creativity and persistence, it can be financially and holistically beneficial as you increase your income, diversify your job potential, and supplement your skills as a tax preparer.…
The Internal Revenue Service is moving ahead with a program that will offer taxpayers a new option on for filing their 2023 returns next year. Dubbed “Direct File,” a scaled-down version of the full program will allow taxpayers to file online for free, using an IRS-run website.…
