Drake Software blog for tax pros, covering tax, IRS news, and more
Explore key 2025 tax law updates from the One Big Beautiful Bill Act and their implications for tax professionals.…
Read more about The One Big Beautiful Bill Act: What Tax Pros Need to Know
Learn about the 2025 IRS updates to protect tax pro clients from tax scams, fraud, ghost preparers, and false claims. Read more.…
Read more about Protecting Tax Clients from Scams: 2025 IRS Filing Updates
Tax season can bring out the best—and worst—in your clientele. Stress, deadlines, and complex financial issues may cause some tax customers to act impatient, defensive, or outright combative. As a professional tax preparer, knowing how to handle difficult clients is essential for maintaining professionalism, protecting your time, and delivering accurate returns.…
Read more about 6 Practical Tips for Managing Difficult Tax Clients
Whether you are launching your first tax practice or looking to switch software, finding the right fit is critical. With many tax software solutions available, it’s easy to get overwhelmed by…
Read more about Is Drake Software Right for Your Tax Practice?
As summer travel heats up, many taxpayers turn their second homes into short-term rentals. While the extra income can be lucrative, it also introduces a complex mix of tax rules that require attention from seasoned tax professionals. If your clients own or are considering listing a vacation rental, here are key tax tips to keep in mind for the coming tax season and beyond.…
Read more about Vacation Rental Tax Tips for Tax Professionals
Learn why handling IRS notices correctly matters and how you can support your clients effectively. Read the article.…
Read more about Why Tax Preparers Should Keep Clients Informed About IRS Notices
After a few years of delays, the reporting threshold for third party settlement organizations (TPSOs) reported on a Form 1099-K has officially dropped in 2025.…
Stay protected from tax fraud! The IRS Dirty Dozen 2025 lists top tax scams, from phishing to fake credits. Learn how to safeguard your business and clients’ resources.…
The IRS has announced tax relief measures to support affected individuals and businesses. This article outlines the disasters and the corresponding tax relief provisions.…
From cryptocurrencies like Bitcoin to NFTs and other blockchain-based tokens, digital assets present unique challenges—and opportunities—in tax compliance. Staying informed about digital assets and how they are treated for tax purposes is vital for tax professionals to serve their clients effectively.…
Read more about Help Clients File Digital Asset Taxes with Confidence
