Drake Tax® Wins 3 Categories in Survey of New York State CPAs

Drake Tax® Wins 3 Categories in Survey of New York State CPAs

Every year, the New York State Society of CPAs surveys its membership to learn what those who prepare tax returns think about the performance of their practice management and tax preparation tools. Unsurprisingly, the authors found that the pandemic continued to cast a shadow over filing season, specifically highlighting trouble resulting from the IRS backlog.…

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2023 Filing Season Begins January 23

2023 Filing Season Begins January 23

The wait is over for tax professionals eager to learn when the 2023 filing season will begin. Today, the Internal Revenue Service revealed they will start accepting and processing individual returns on January 23, 2023. The federal tax agency reassures that the service it provides this year will be improved by the recent hiring of more than 5,000 telephone and in-person staff.…

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IRS Addresses Final Assembly, MSRP Requirements for Clean Vehicle Credit

IRS Addresses Final Assembly, MSRP Requirements for Clean Vehicle Credit

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.…

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Provide Payroll Services with Drake Accounting

Provide Payroll Services with Drake Accounting

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.…

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