Expanding a tax practice requires a blend of strategy, innovation, and the ability to adapt. In a recent survey conducted by Drake Software, over 900 tax professionals shared their approaches to achieving business growth, offering a wealth of knowledge on what has worked in the current landscape.…

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Discover how to evaluate and compare professional tax software based on features, pricing, support, compliance, and more to find the right fit for your firm.…

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Learn about the 2025 IRS updates to protect tax pro clients from tax scams, fraud, ghost preparers, and false claims. Read more.…

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Drake Software has collected data from peers and the IRS to analyze in-season insights. Explore key filing statistics and industry shifts to help you strategize for a stronger, more informed tax season. Get your insights.…

Read more about Key IRS Trends: Strategize for Tax Year 2025 With Compelling Tips and Insights.

The IRS has experienced significant staffing changes due to federal workforce reduction initiatives. While initial layoffs affected thousands of employees, recent developments indicate efforts to rehire and stabilize the workforce. These fluctuations come as tax professionals navigate the complexities of the 2025 filing season.…

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Whether you are launching your first tax practice or looking to switch software, finding the right fit is critical. With many tax software solutions available, it’s easy to get overwhelmed by…

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It's still vital for tax professionals to be aware of the updated IRS penalties for late filing and payment. Understanding these penalties can help in advising clients effectively and mitigating potential financial repercussions.…

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Welcome to Drake Software’s Spanish Tax Resource Center. Drake Software® proudly supports Spanish-speaking tax professionals with a comprehensive selection of Spanish-language tax software tools,…

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Learn why handling IRS notices correctly matters and how you can support your clients effectively. Read the article.…

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Client retention is key to the long-term success of any tax preparation business. Keeping clients happy and loyal contributes to a steady revenue stream and helps build a strong reputation. Click for the full post which contains more strategies for client partnerships.…

Read more about Boosting Client Retention: Essential Tips for Tax Preparation Businesses