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

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The One Big Beautiful Bill Act: A Guide for Tax Professionals.

Drake Software Blog Team - October 16, 2025
The One Big Beautiful Bill Act: A Guide for Tax Professionals.

The One Big Beautiful Bill Act (OBBBA or OB3) or H.R.1 - 119th significantly changes how taxpayers qualify for deductions, requires new employer reporting standards, and introduces IRS oversight in areas like tip income, wage classification, and transition-year compliance. Learn more.…

Read more about The One Big Beautiful Bill Act: A Guide for Tax Professionals.

Secure Act 2.0 Retirement, Tax Reform, and OB3

Drake Software Blog Team - August 01, 2025
Secure Act 2.0 Retirement, Tax Reform, and OB3

For tax professionals, these provisions are more than legislative footnotes—they directly impact how you advise clients, calculate retirement-related taxes, and practice compliance with IRS requirements.…

Read more about Secure Act 2.0 Retirement, Tax Reform, and OB3

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Coming Soon! Drake Software Desk Reference Guide for Tax Year 2025
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