Drake Software blog for tax pros, covering tax, IRS news, and more
It is a question many people have been asking since March of 2010, when President Barack Obama signed the Affordable Care Act (ACA) into law. How will the Internal Revenue Service enforce the law’s mandate requiring Americans to buy health insurance? According to a high-ranking IRS official, the agency plans...…
Read more about Leniency Planned for Health Care Enforcement?
We're all about saving time, and Google has some shortcuts that will do just that! Did you know...…
The $1.4 million program was set up to distribute 2010 tax refunds on reloadable prepaid debit cards. The Treasury Department selected 808,000 low to moderate-income tax filers to participate and receive their tax refunds electronically rather than by paper checks. It costs...…
Read more about MyAccountCard program from the U.S.Treasury Department Suspended
Tax professionals are looking for the best value in their tax software program, and are quickly learning bigger is not always better...…
Read more about The “Big Three” Tax Software Companies Slip in Market Shares
The MeF system will be down from 3:00 pm, Eastern on Friday, August 31st until 12:00 pm, Eastern on Tuesday, September 4th (Labor Day weekend).…
For the past 6 years Drake Software has consistently been rated #1 by members of the NATP for their Sorting out Software Survey. Drake ranked first in areas such as Overall Satisfaction, Customer Service, Conversion, Price, and Ease of Installation.…
Quick Alert for Tax Professionals from the IRS: Effective October 1, 2012, applications to become an IRS e-file provider must be submitted online. We will no longer accept paper e-file applications.…
McIntire Tax Center is a one-woman show, with the exception of a temporary receptionist Trish hires for a few weeks in the height of tax season. Trish’s goal is to run a tax practice where clients know they can come to her for anything and trust their taxes will be prepared correctly at a fair price. She prepares mostly ...…
This database will include the names, addresses, and professional qualifications of tax preparers, as well as any publicly disclosed professional disciplinary actions. Essentially, it will allow taxpayers to shop around for a preparer who is qualified...…
Finding Ways for Accounting Professionals to Increase Revenue: Providing clients with the trust they desire in an accounting professional, explaining to them all you can do to help them increase their revenue, teaching them what a difference the knowledge of an accounting professional can make, and...…
