Drake Software blog for tax pros, covering tax, IRS news, and more
Filing season may be in the rear view, but tax professionals still have to deal with extension returns and finish preparing for next season. Some may already have started looking at CPE opportunities…
Tax professionals across the country breathed a collective sigh of relief by Wednesday, April 17, but the end of filing season doesn’t translate to an eight-month vacation.…
Read more about Amanda and Lori Talk Drake Classroom Training - E26
The Section 199A qualified business income (QBI) deduction has been a source of confusion for taxpayers and tax professionals alike since it debuted with the Tax Cuts and Jobs Act.…
Filing season starts in late January and end in mid-April, so some tax professionals look for ways to get clients back in their office the remainder of the year.…
With just a few weeks until the end of filing season, Drake Education Tax Team Lead Amanda Watson appeared on the Taxing Subjects Podcast to explain the Child Tax Credit and Other Dependent Credit. We discussed Tax Cuts and Jobs Act-related changes, due diligence requirements, and more.…
Read more about Amanda Explains the Child Tax Credit and Other Dependent Credit - E23
Drake Accounting Development Manager Jay Eager swung by the Taxing Subjects studio to answer some frequently asked questions for Drake Accounting software.…
Read more about Jay Eager Answers Drake Accounting FAQs – EP22
Monday is the official start of filing season, but there are still some tax professionals looking to get a professional tax preparation package. Keeping that in mind, we invited Drake Software…
Read more about Amanda and Christine on What's New in Drake Tax - EP20
Whether you're a full-service accounting office or a tax professional who offers client write-up services, choosing a accounting software is important.…
The Taxing Subjects Podcast sat down with two tax analysts from Drake Software to discuss the new Section 199A qualified business income (QBI) deduction that will affect some pass-through entities this filing season.…
Read more about Bob Nolan, CPA EA and Olena Romanchuk, CPA on QBI - EP18
Drake Software Federal Tax Product Manager Robin Miles and Tax Team Lead Amanda Watson joined me in the Taxing Subjects Podcast studio to talk about what tax return preparers can expect from the new Form 1040.…
Read more about Robin Miles and Amanda Watson on the New Form 1040 - EP17
