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IRS Electronic Advisory Committee Delivers Report to Congress
The ETAAC provides feedback on the development and implementation of the Internal Revenue Service’s electronic tax administration strategy. The report includes 10 recommendations to advance the use of electronic filing. For example, the report recommends the IRS require all tax preparers who file at least 200 returns a year to use e-file. The report also calls for continued modernization of IRS systems as well as collaboration between the IRS and industry regarding software standards.
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Drake Document Manager earns 4 Stars from CPA Technology
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Special Tax Break on New Car Purchases Available in States With No Sales Tax
(June 10, 2009) The Internal Revenue Service and Treasury Department announced a tax break for the purchase of new motor vehicles is available in states that do not have a state sales tax. Under the American Recovery and Reinvestment Act of 2009, taxpayers who buy a new motor vehicle this year are entitled to deduct state or local sales or excise taxes paid on the purchase.
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(June 4, 2009) IRS Launches Tax Return Preparer Review
Recommendations to improve compliance expected by year end.
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Attend a Drake Seminar
Take advantage of a seminar in your area and see why more than 30,000 tax professionals choose Drake. Learn how to prepare returns, e-file, go paperless, and more!
Free Seminar – Free CPE – Free Breakfast – Free 2008 Software. No strings attached.
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Self-prepared Returns Continue Rapid Growth in 2009
While more and more taxpayers are preparing their own returns at home, slightly fewer are choosing professional return preparation this year, according to IRS figures.
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Highlights of the American Recovery and Reinvestment Act of 2009
The American Recovery and Reinvestment Act of 2009 provides numerous tax breaks to individuals and businesses. It targets energy incentives to individuals and businesses, and provides fiscal relief for state and local governments that are facing large budget deficits.
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Readers’ Choice Awards…Drake Software is proud to be #1 again
The CPA Technology Advisor recently announced their 2009 Readers’ Choice Awards and Drake Software ranks #1 again and again.
Voted #1 – Federal / State Income Tax Compliance
Voted #1 – Document Management & Document Storage
Voted #1 – Website Builders for Accounting Firms
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More Customer Feedback
NATP surveys over 3,800 tax preparers about their software.