Drake Software blog for tax pros, covering tax, IRS news, and more
Explore key 2025 tax law updates from the Working Families Tax Cut Act, previously known as the One Big Beautiful Bill Act, and their implications for tax professionals.…
Read more about The Working Families Tax Cut Act (aka OBBBA) Guide For Tax Pros
![Tax Practice Growth Insights from 900+ Tax Pros [Free Download]](/media/3315/business-growth-survey.png?anchor=center&mode=crop&width=1024&height=576&rnd=133972487190000000)
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]
Amid the ever-changing rules and regulations within the tax industry, we at Drake Software understand the importance of consistency and routinization to aid tax preparers in their roles. To achieve…
February 2 Individuals who must make estimated tax payments. If you did not pay your last installment of estimated tax by January 15, you may choose (but are not required) to file your income tax…
Read more about IRS Publishes Tax Deadlines For February 2015
TIGTA Reminds Taxpayers to Beware of Calls from IRS Impersonators this Filing SeasonWASHINGTON — As the 2015 tax filing season begins, the Treasury Inspector General for Taxpayer Administration…
Notice 2015-3 provides rules for claimants to make one-time claims for the retroactively extended 2014 biodiesel mixture and alternative fuel excise tax credits. It also provides guidance for…
Beginning in November 2014, the Internal Revenue Service began its sixth year of a hands-on effort to improve the accuracy and quality of tax returns and to heighten awareness of preparer…
Read more about IRS Letters to Tax Preparation Professionals
Taxpayers Who Married in 2014 Should Report Change to ACA MarketplaceNewlyweds in 2014 who received advance premium tax credit payments should take note of the Alternative Marriage Calculation on Form…
Read more about ACA Basics - The Alternative Marriage Calculation for Newlyweds
Study Examines Social Media UsageInovautus Consulting, SocialCPAs and the Association for Accounting Marketing (AAM) have released their study, "How Accounting Firms Use Social Media Today,"…
Read more about New Study Released: "How Accounting Firms Use Social Media Today"
WASHINGTON — Certain owners of individual retirement arrangements (IRAs) have a limited time to make tax-free transfers to eligible charities and have them count for tax-year 2014, the Internal…
