Drake Software blog for tax pros, covering tax, IRS news, and more
Every business executive is familiar with the need for strategic planning. Less familiar, though, is the critical management skill that the strategic plan is designed to support – strategic…
The annual tax season generally takes only one-fourth of the work year, and for all of the preparation required may seem to be over in a few short weeks after it begins. Temporary staff is let go,…
Read more about Why Employee Evaluations Are Critical To Success
What You Need to Know When Deducting Job-Hunt ExpensesLast week the IRS released information pertaining to deducting job search costs, including a list of nine "key tax facts" on the subject.Perhaps…
Tax preparation professionals are fortunate in that they make use of computer hardware and software virtually every day of their working lives. The complexity of the tax laws, frequent legislative…
Read more about 10 Tedious Tax Office Chores You Should Automate
More than four out of five small businesses – including tax preparation firms and solo-practitioner CPA firms, have no plan for succession should the need arise. That’s according to a four-year study…
Small businesses are, according to the most recent data from the US Census Bureau, in serious trouble. The total number of business failures is now larger than the number of new business startups.…
In 2011, World at Work reported on a study by flexible office space company Regus documenting the fact that the majority of US professionals work during their vacations.A more recent study by PGi, a…
As everyone gets ready for another tax season, it’s important to find and utilize tools that simplify and streamline new and complex aspects of tax preparation. The Taxpayer Advocate Service on…
Read more about Ahead of the Curve: Predicting a Client's ACA-Related Taxes
It's the client most dreaded by tax preparers – the individual or small business manager who literally shows up to have their taxes prepared armed with only a boxful of receipts and unorganized…
The IRS recently released information pertaining to the Small Business Health Care Tax Credit, outlining the prerequisites for receiving the credit and which forms need to be filed.For a business to…
