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

CPA Practice Advisor 2020 Readers’ Choice Awards Results

CPA Practice Advisor 2020 Readers’ Choice Awards Results

CPA Practice Advisor published its 2020 Readers’ Choice Awards, which asks respondents to rate their experience with tax preparation-related software and equipment. Drake Software customers once again gave Drake Software products the highest satisfaction ratings in five categories: Federal/State Income Tax Compliance, Tax Planning Systems, Document Management and Storage, 1099/W-2 Compliance, and Client Portals.…

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Treasury Announces Tax Credits for Virus-Hit Businesses

Treasury Announces Tax Credits for Virus-Hit Businesses

The Treasury Department, along with the IRS and the U.S. Department of Labor, have unveiled a package of tax credits for small and midsize employers can use to “immediately and fully” reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to employees.…

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