Drake Software blog for tax pros, covering tax, IRS news, and more
As a tax professional, having an online interface is a necessary feature in the twenty-first century to increase your accessibility and reliability. Creating a website is the simplest and most effective way to attract new clients and establish your online presence.…
Read more about How to Build a Website for Tax Professionals
Drake Software and Right Networks are collaborating on this three-part series highlighting different software solutions available to tax professionals. In part three, we look at how cloud application hosting facilitates remote work.…
Read more about Cloud Applications and Remote Work for Tax Pros
Drake Software and Right Networks are collaborating on this three-part series highlighting different software solutions available to tax professionals. This week, we’re focusing on the ways you can run software in a tax practice.…
Read more about Three Ways to Run Software for a Tax Practice
Small businesses that make their website compliant with Americans with Disabilities Act standards could qualify for the disabled access tax credit.…
Identity thieves who deploy phishing scams are quick to innovate, using popular communication platforms and current events to target victims where and when they are most vulnerable.…
Read more about Protecting Your Tax Practice from Phishing Scams
Owning your own business can be a very rewarding experience. The process of starting a business, however, can seem overwhelming to the uninitiated.…
For years, industry experts have been calling for tax professionals to use various hardware and software technologies – CRM tools, document management systems, workflow and productivity software, and paperless technologies – to stay competitive and profitable.…
Read more about Crossing the Digital Divide with Your Tax Practice
Last month, we looked at the legal dustup between ride-sharing company Uber and its contracted drivers and speculated on ways sharing economy businesses might affect tax preparation. One EA we…
Read more about Part of the Sharing Economy? The IRS Has Tax Tips for You
If you’ve got clients who are getting married this summer, they may not have taxes on their pre-nuptial checklist. But once the rice is all swept away and the thank-you notes are written it may be…
What is a Trade or Business?Simply put, a trade or business must satisfy the need to make a profit. If you don’t plan to make a profit, then this is not a business, it is a hobby. The reason for…
Read more about Business or Pleasure: Determining if Your Hobby is Considered a Trade
