Drake Software blog for tax pros, covering tax, IRS news, and more
We recently reported on the Internal Revenue Service’s Advisory Council (IRSAC) report that stresses that inadequate funding is severely hampering the agency’s ability to serve individual taxpayers.…
When you’re in the midst of a busy tax season, it helps to have important information consolidated, organized, and easily within reach.…
Drake Software surveyed more than 2,800 tax professionals in October, looking at tax prep fees by professional certification, like CPAs, EAs, and attorneys; the estimated number of returns for the upcoming filing season; and more.…
Read more about 2017 "How Do Your Tax Prep Fees Stack Up?" Results
The Internal Revenue Service Advisory Council (IRSAC) has issued its annual report to the agency, and once again is calling on Congress to adequately fund the IRS so it can fulfill its mission to the American people.…
Read more about IRS Advisory Council Renews Call for Adequate Funding
The Drake Education team is on the road until January, but they also developed a new video-streaming option and unveiled the DrakeCPE.com website. Drake Software Director of Education Christine Reynolds joins us to outline what you can expect when attending Drake Classroom Training or Update Schools and explain the new online offerings.…
Read more about Christine Reynolds Hits The Road With Drake Education – EP3
What's New in Drake Tax?Drake Software's Vice President of Application Development Brian Stork and Vice President of Education James Stork discuss new software features in Drake Tax. In particular,…
Read more about James & Brian Stork Preview New Software Features - EP2
No doubt about it, the sharing economy is big business. Thousands of Americans participate, from offering homes to travelers to running errands for subscribers or giving rides around town. But taking…
Data breaches are becoming more common, underscoring just how important it is that everyone learn data security best practices.…
IRS Modernized e-file for Tax Year 2016 closes on Saturday, November 18—even for taxpayers in disaster areas and those who qualified for a January 31, 2018 extension.…
Read more about Modernized e-File Closing for Tax Year 2016 on November 18
President Trump today announced Assistant Secretary of the Treasury for Tax Policy David Kautter would succeed Koskinen as acting commissioner—easing uncertainty concerning a gap in leadership at the agency.…
