Drake Software blog for tax pros, covering tax, IRS news, and more
User reviews are an essential part of making any purchase. From ladles to laptops, our online shopping ritual includes scrolling down the page to read the typed comments under the star rating.…
Read more about JofA 2021 Tax Software Survey Results Are In
The National Association of Tax Professionals published the results of their 2021 Software Survey, which asks respondents about their experience with their tax preparation software. The survey covers a number of topics, ranging from reliability to support—providing readers a full picture of the service they can expect when using a given product.…
The Internal Revenue Service has wasted no time in granting important tax relief to those most impacted by Hurricane Ida. The storm clouds that brought destruction to much of Louisiana and other parts of the Gulf Coast had barely cleared before the relief measures were announced.…
Drake Software and Rightworks sponsored “How Moving to the Cloud Has Changed My Business,” a panel discussion about using cloud-based products in tax and accounting firms.…
Read more about How Moving to the Cloud Has Changed My Business
Small businesses that make their website compliant with Americans with Disabilities Act standards could qualify for the disabled access tax credit.…
October is just a month away, so it’s time once again for an important announcement by the Internal Revenue Service: The federal fourth quarter interest rates. Despite the seasons changing, it looks…
As more employers utilize the employee retention credit to keep their workers employed—and as the pandemic continues to be a factor in American business—the Internal Revenue Service continues to issue guidance on who qualifies for the credit and how best to apply it.…
Read more about Employee Retention Credit Gets More Guidance
Impersonating the Internal Revenue Service is big business for identity thieves. These phishing scams often combine fear of the agency with urgency (and threats), and those who fall for them can soon find their information or money stolen. That’s why the IRS this week highlighted how they communicate with taxpayers.…
A new feature just added to the IRS’ Child Tax Credit Update Portal allows users receiving the advance credit payments to change their mailing addresses.…
Read more about Change Address on Child Tax Credit Update Portal
Long-haul truckers and others who own heavy highway motor vehicles are running out of time to file their federal highway use tax return by August 31.…
