Drake Software blog for tax pros, covering tax, IRS news, and more
Drake Software gathers important, regularly accessed tax information for tax professionals in an annually released desk reference guide. The Drake Software 2020 Desk Reference Guide includes a preseason checklist, due diligence requirements, MACRS recovery periods, medical account information, filing requirements, and much more.…
Drake Software surveyed more than 1,300 tax professionals to learn how COVID-19 affected their filing season.…
Read more about Download the "How Did Your Filing Season Go?" Infographic
Download the "Does My Client Qualify for QBI?" infographic.…
Drake Software surveyed 3,500 tax professionals to learn if their tax preparation fees have changed since the implementation of the Tax Cuts and Jobs Act.…
Read more about 2019 "How Do Your Tax Prep Fees Stack Up?" Results
The Drake Software 2019 Desk Reference Guide organizes important, frequently used tax information, like the due diligence requirements, Social Security payback limitations, and common filing season requirements.…
This filing season was the first to feature almost all changes from to the Tax Cuts and Jobs Act—not to mention the new Form 1040 and Schedules 1 through 6. To learn whether these changes had a significant impact on tax professionals, Taxing Subjects surveyed more than 5,000 preparers.…
Read more about “How Did Your Filing Season Go?” Survey Results
In the 2019 Filing Season Statistics infographic, Drake Software breaks down some of the key takeaways, like the total number of returns filed, how many returns were filed by tax professionals, and more.…
Since the majority of the Tax Cuts and Jobs Act changes went into effect in tax year 2018 and there’s a new Form 1040 and supporting schedules to learn, Drake Software wanted to see if preparers felt ready before the January 28 start date.…
Read more about “Are You Ready for Tax Season?” Survey Results
Taxing Subjects surveyed over 300 tax professionals to learn the types of technology preparers use in their tax practice.…
To help tax return preparers get ready for the first filing season featuring the majority of the changes brought about by the Tax Cuts and Jobs Act, Drake Software has issued its updated annual desk reference guide.…
