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.…

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Consistency and reliability are paramount in the world of tax and accounting software—and with the publication of the 2025 CPA Practice Advisor Readers’ Choice Awards results, Drake Software once again has good reason to celebrate. Read more.…

Read more about Drake Software® Earns Top Rankings Again in 2025 CPA Practice Advisor Awards

Don't forget: You can streamline payment processing before April 15th! Learn more.…

Read more about Streamline payment processing before the April 15th deadline!

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

Expanding a tax practice requires a blend of strategy, innovation, and the ability to adapt. In a recent survey conducted by Drake Software, over 900 tax professionals shared their approaches to achieving business growth, offering a wealth of knowledge on what has worked in the current landscape.…

Read more about Tax Practice Growth Insights from 900+ Tax Pros [Free Download]

The Journal of Accountancy and The Tax Adviser recently released results for the 2024 Tax Survey. Drake Tax led the way in 2023 and continues to show high marks once again in 2024. Drake Software is known for its industry-leading customer service and in the survey received the highest score for product support. Click on the full post to read more.…

Read more about Drake Tax Wins Best “Overall Rating” for the 13th Year in a Row

Tax preparers understand the importance of efficiency, accuracy, and affordability when choosing professional tax preparation software. With tax laws constantly evolving and client needs varying, having the right tools at your disposal is paramount to success. To dive deeper into these topics read our full blog post.…

Read more about Which Tax Prep Software Package is Right for You?

Drake Software® is excited to introduce Drake Pay™, a payment integration solution that works seamlessly with Drake’s suite of software products. This solution allows our customers to accept payments…

Read more about Meet Drake Pay: an Integrated Payment Processing Solution

As tax season approaches, the importance of early access to tax software becomes increasingly evident for tax preparers. Beyond the convenience of having tools at your disposal sooner, there are numerous advantages that can significantly impact the efficiency and success of the tax preparation process. Read our latest blog post for more insight.…

Read more about 5 Ways Early Tax Software Access Supports Tax-Prep Success

Summer events for the tax industry are in full swing as professionals from around the country gather to share resources, insight, software, and tools for the 2024 filing season. Our latest blog post is all about trade shows and events!…

Read more about Drake Software Hits the Road This Summer: Join Us at IRS Tax Forums and Trade shows!