News for Tax Professionals

Learn how paramount accurate and timely news is for tax preparers and discover subject areas to expand your expertise. Read the full blog post by clicking here.…
Learn how paramount accurate and timely news is for tax preparers and discover subject areas to expand your expertise. Read the full blog post by clicking here.…
As recovery efforts are underway for victims of the devastating wildfires in Hawaii, the Internal Revenue Service is moving to give survivors one less thing to worry about. The agency has launched its tax relief package for victims in Maui and Hawaii counties that basically delays an array of federal individual and business tax deadlines until February 15, 2024. Read more from Bob William's article in our latest blog post.…
Read more about Hawaii Wildfire Victims Get Tax Relief from IRS
Find tips and resources for creating a Due Diligence Checklist for Tax Preparers in today's blog post. From accuracy to ethics, we share key topics to help you master your tax preparation services and gather client information with professionalism and precision. Elevate your expertise today!…
In the NATP 2023 Software Survey which uses a scale of 1 to 5, Drake Software received 4 stars and above in every survey category. Drake claimed an impressive Net Promoter Score rating of excellent and received standout rankings. Read our latest blog post to learn what responders like most in their tax software.…
Read more about Drake Ranked Excellent in All Categories of 2023 NATP Survey
Navigating slow seasons and building a thriving career in the tax industry can be challenging. Our latest blog post aims to address this difficulty for your benefit and success. Discover expert tips on attracting clients, diversifying services, mastering technology, and more.…
Read more about Jobs for Tax Preparers: Building a Career as a Tax Professional
The results are in for the Drake Software 2023 Contactless Tax Preparation survey! While the 2020 filing season jettisoned the tax industry into a virtual arena, the 2023 season seems to indicate that contactless tax preparation has some staying power. More than 900 participants from tax offices across the nation (including attorneys, CPAs, EAs, and other preparers) shared their preferences and insight in the 2023 Contactless Tax Preparation survey. Download the Drake Software 2022 Contactless Tax Preparation Infographic for the results!…
Read more about 2023 Contactless Tax Preparation [Infographic]
The Journal of Accountancy recently published its 2023 Tax Software Survey. Respondents were asked to rate their current software using a five-point scale across various categories such as ease of use, updates during tax season, and quality of technical support. Some categories were ranked by the percent of respondents who selected a favorite from a provided list of software options. Our latest blog post breaks down 11 categories where Drake Software scored the highest.…
Read more about Drake Gets Top Ratings for 11 Categories in Journal of Accountancy Survey
The IRS has constructed a blueprint for its future called the Paperless Processing Initiative. This plan cuts back on paper filing with the purpose of decreasing the number of printed documents it needs to process each year and speeds up tax refunds. Our latest blog post describes these intended changes and what they mean for tax professionals.…
Read more about IRS Unveils Timetable for Completely Paperless Filing by 2025
Searching for the best tax preparation software? Look no further! Check out our latest blog to see the major components of great tax software and find out why Drake shines as the top choice for tax professionals.…
Summer events for the tax industry are in full swing as professionals from around the country gather to share resources, insight, software, and tools for the 2024 filing season. Our latest blog post is all about trade shows and events!…
Read more about Drake Software Hits the Road This Summer: Join Us at IRS Tax Forums and Trade shows!