Hawaii Wildfire Victims Get Tax Relief from IRS

Hawaii Wildfire Victims Get Tax Relief from IRS

As recovery efforts are underway for victims of the devastating wildfires in Hawaii, the Internal Revenue Service is moving to give survivors one less thing to worry about. The agency has launched its tax relief package for victims in Maui and Hawaii counties that basically delays an array of federal individual and business tax deadlines until February 15, 2024. Read more from Bob William's article in our latest blog post.…

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2023 Contactless Tax Preparation [Infographic]

2023 Contactless Tax Preparation [Infographic]

The results are in for the Drake Software 2023 Contactless Tax Preparation survey! While the 2020 filing season jettisoned the tax industry into a virtual arena, the 2023 season seems to indicate that contactless tax preparation has some staying power. More than 900 participants from tax offices across the nation (including attorneys, CPAs, EAs, and other preparers) shared their preferences and insight in the 2023 Contactless Tax Preparation survey. Download the Drake Software 2022 Contactless Tax Preparation Infographic for the results!…

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Drake Gets Top Ratings for 11 Categories in Journal of Accountancy Survey

Drake Gets Top Ratings for 11 Categories in Journal of Accountancy Survey

The Journal of Accountancy recently published its 2023 Tax Software Survey. Respondents were asked to rate their current software using a five-point scale across various categories such as ease of use, updates during tax season, and quality of technical support. Some categories were ranked by the percent of respondents who selected a favorite from a provided list of software options. Our latest blog post breaks down 11 categories where Drake Software scored the highest.…

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IRS Unveils Timetable for Completely Paperless Filing by 2025

IRS Unveils Timetable for Completely Paperless Filing by 2025

The IRS has constructed a blueprint for its future called the Paperless Processing Initiative. This plan cuts back on paper filing with the purpose of decreasing the number of printed documents it needs to process each year and speeds up tax refunds. Our latest blog post describes these intended changes and what they mean for tax professionals.…

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