High gas prices have understandably made plug-in electric and fuel cell vehicles more attractive in recent years. While a provision in the Inflation Reduction Act of 2022 is designed to make the switch less of a financial burden, there is confusion surrounding some of the new requirements for the Clean Vehicle Credit.…

Read more about IRS Addresses Final Assembly, MSRP Requirements for Clean Vehicle Credit

Of all the factors that go into choosing tax software, one of the most important is support for state tax forms that apply to your clients. Drake Software is proud to announce the latest Drake Tax state form updates that will help tax professionals better serve clients in the 2023 filing season.…

Read more about New State Forms Added to Drake Tax

Many tax offices first dabble in accounting services by providing payroll for existing business clients. This transition is built upon the trust established by years of positive results, and it is an opportunity to grow the tax practice in a meaningful way. Whether entering the market for the first time or having provided these services for years, you need a dependable, flexible payroll solution.…

Read more about Provide Payroll Services with Drake Accounting

After the 2022 tax season found the Internal Revenue Service spread thinner than ever before, the agency is taking steps to ensure that the first few months of 2023 go far more smoothly.…

Read more about IRS Pushes for More Phone Support, Hires 4,000 Customer Service Reps

Loss of taxpayer information during the filing process due to technical difficulties is a sure way to fast-track frustration during tax season. Fortunately for Drake Tax users, today's highlighted feature is an info life saver.…

Read more about Drake Tax Feature Spotlight: The Backup and Restore Tool

Drake Software surveyed more than 1,900 tax pros to learn how they prepare for filing season. The 2022 Are You Ready for Filing Season? Infographic details the results, covering PTIN renewal, continuing professional education, tax-preparation products, office equipment, and more.…

Read more about 2022 Are You Ready for Filing Season? [Infographic]

Small-business clients are the cornerstones of many tax and accounting practices across the country. Having efficient, feature-rich accounting software can help you improve the quality of the service you provide and improve your bottom line.…

Read more about E-File Employer Forms with Drake Accounting

Thanksgiving traditions are not one size fits all. Whether roasting turkey or preparing something completely different, families put their unique spin on the holiday. The Security Summit celebrates by kicking its annual National Tax Security Awareness Week on Cyber Monday, and this year marks the seventh anniversary of the event.…

Read more about Security Summit Previews National Tax Security Awareness Week 2022

Drake Software surveyed 3,620 tax professionals to learn what they plan to charge for tax preparation services during the 2023 filing season.…

Read more about Drake Software 2022 How Do Your Tax Prep Fees Stack Up? [Infographic]

When disaster strikes, the government’s disaster-declaration process can help victims recover from financial losses. Governors in affected states submit a major disaster area request to the president through the Federal Emergency Management Agency (FEMA); if granted, one benefit victims receive is tax relief.…

Read more about IRS Disaster Relief in 2022