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Drake Software blog for tax pros, covering tax, IRS news, and more

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AICPA Renews Call for PPP Extension and Expansion

Bob Williams - September 24, 2020
AICPA Renews Call for PPP Extension and Expansion

The American Institute of CPAs is adding its voice to others calling for an expansion of the Paycheck Protection Program (PPP) and seeks to extend the program’s lifespan.…

Read more about AICPA Renews Call for PPP Extension and Expansion

AICPA Backs IRS Expansion of e-Signatures

Bob Williams - September 08, 2020
AICPA Backs IRS Expansion of e-Signatures

When the Internal Revenue Service announced this summer, it was temporarily expanding the use of e-signatures on IRS forms, a number of professional tax groups applauded.…

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JofA Releases Results for 2020 Tax Software Survey

Ryan Norton - September 02, 2020
JofA Releases Results for 2020 Tax Software Survey

One year removed from dealing with once-in-a-generation tax law changes, tax professionals faced another uncertain filing season in 2020.…

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AICPA Seeks More Time for Filing as Deadline Looms

Bob Williams - July 09, 2020
AICPA Seeks More Time for Filing as Deadline Looms

The American Institute of CPAs is asking the Internal Revenue Service to further extend the deadline for filing and paying income taxes.…

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AICPA Seeks Permanent Guidance on e-Signatures

Bob Williams - June 11, 2020
AICPA Seeks Permanent Guidance on e-Signatures

While the pandemic has led the IRS to temporarily allow its employees to accept e-signatures on documents related to examination and collection of tax liabilities, AICPA believes the IRS should expand e-signature relief and make it permanent.…

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PPP Loans for Small Businesses Boosted by AICPA

Bob Williams - June 08, 2020
PPP Loans for Small Businesses Boosted by AICPA

The American Institute of CPAs (AICPA) is encouraging small businesses to apply for Paycheck Protection Program (PPP) loans ahead of the June 30th deadline.…

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Drake Tax Takes 12 Categories in JofA 2019 Tax Software Survey

Ryan Norton - September 09, 2019
Drake Tax Takes 12 Categories in JofA 2019 Tax Software Survey

This week, we learned what CPAs across the country thought when the Journal of Accountancy (JofA) released the results of their “2019 Tax Software Survey.”…

Read more about Drake Tax Takes 12 Categories in JofA 2019 Tax Software Survey

Journal of Accountancy 2018 Tax Software Survey Results

Ryan Norton - August 09, 2018
Journal of Accountancy 2018 Tax Software Survey Results

The Journal of Accountancy and Tax Adviser recently released the results for the AICPA's Tax Software Survey 2018, which polled more than 3,500 CPAs about their current tax preparation software and tax-related identity theft.…

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Jim Bourke, CPA, CITP, CFF, CGMA: A Passion for Technology and Tax

Ryan Norton - October 11, 2016
Jim Bourke, CPA, CITP, CFF, CGMA: A Passion for Technology and Tax

Bootstrapping seems an appropriate way to describe Jim Bourke. Some may immediately recognize him as a tax-industry luminary whose dedication to spotlighting and adopting efficiency technologies has led to industry-wide adoption of workflow and organization solutions.…

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Drake Gets High Marks in Journal of Accountancy Software Survey

Ryan Norton - August 23, 2016
Drake Gets High Marks in Journal of Accountancy Software Survey

Drake Software had a strong showing in areas that are important to CPAs when the Journal of Accountancy released their annual tax software survey on August 1, 2016.The survey polled 3,851 AICPA…

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