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!

Those who own or control financial or bank accounts that are in a foreign country have some reporting to do, and soon. They have to file an annual Report of Foreign Bank and Financial Accounts—also known as the FBAR—on or before April 15.…

Read more about FBAR Deadline is April 15

We made it to April. The filing deadline looms large as procrastinating taxpayers across the country are finally scrambling to get their tax documents together. But it’s not just the home stretch for filing season; this is the month that CPA Practice Advisor usually releases the results of their annual survey: The Readers’ Choice Awards.…

Read more about Drake Wins 5 Categories in 2022 CPA Practice Advisor Readers’ Choice Awards

Now that the Internal Revenue Service has mailed Letters 6475 to all the taxpayers who got third-round Economic Impact Payments (EIPs), there’s only one door left open to those who didn’t get the full…

Read more about IRS Sends EIP3 Letters

The Internal Revenue Service is going the extra mile to ensure taxpayers have the newest information on the third-round Economic Impact Payment.…

Read more about IRS Updates FAQs on Third-Round Economic Impact Payments

The Internal Revenue Service has issued a new set of frequently asked questions (FAQs) covering the unemployment compensation exclusion for the 2020 tax year.…

Read more about IRS Updates FAQs on 2020 Unemployment Compensation Exclusion