Business Strategy

  • Put Your Tax Experience to Work During Tax Season at Drake Software®

    Bring Your Tax Experience to Drake Software® Tax season brings complex questions and tight deadlines for tax professionals across the country. Behind the software they rely on is a team working to help get through one of the busiest times of the year. If you have tax preparation experience, your knowledge could help support that…

  • Free Download: Tax Preparation Workflow Tips for a Smoother Tax Season

    A well-planned tax preparation workflow can help your practice stay organized when filing season gets busy. Ready to optimize your tax season? Download our free infographic and gain strategies to help cut down on manual tasks, catch issues earlier, protect client data, and move returns through your practice more efficiently. Complete the form below to…

  • Social Media for Tax Preparers

    Social media has become an important way for tax professionals to stay visible, build relationships, and demonstrate expertise. But maintaining a presence on every platform is not the goal. A better strategy is to choose the platforms your clients use, publish content that answers their questions, and make it easy for people to take the…

  • Back-to-School Tax Planning: Education Credits and New Rules to Know

    Back-to-school season is a good time to remind clients that education expenses can have tax implications. The American Opportunity Tax Credit (AOTC) and Lifetime Learning Credit (LLC) remain two important federal tax benefits for higher education. Recent law changes also expand some education-related tax benefits, including qualified expenses for 529 plans and employer assistance with…

  • Free Download: What are IRS Statistics Telling Us?

    Refunds are larger. Self-prepared returns are increasing. More taxpayers are using digital services. But what do these trends mean for your firm? What does the latest IRS filing season data mean for your clients, your practice, and the future of tax preparation? From the growth of self-prepared returns to rising refund amounts and increased reliance…

  • Vacation Rental Tax Tips for Tax Professionals

    Vacation home tax rules can be complicated because tax treatment depends on personal use, rental use, and the services provided to guests. Whether clients earn income through Airbnb, Vrbo, or direct bookings, understanding IRS short-term rental rules is critical for proper reporting and maximizing rental property tax deductions. What Is a Short-Term Rental? For federal…

  • One Bundle, Total Tax Workflow Efficiency: Drake Practice Essentials for Tax Professionals

    Get a fully connected tax software system that helps you run your business more efficiently while saving money.  With our tax software bundle, you don’t just get tools—you gain a smarter way to work.  What is Drake Practice EssentialsTM?  The Practice Essentials Bundle (URL to bundles page) brings together the tools you need to run a more efficient, connected tax practice:  Plus, Drake PayTM is seamlessly integrated and…

  • Why Valuable Customer Support Matters in Tax Software

    Tax professionals depend on software for return preparation, e-filing, document management, client communication, and compliance updates. But even the most advanced software solution is only as strong as the support behind it. Whether you’re an independent preparer, a growing firm, or an established multi-office practice, understanding what to look for in tax software customer support…

  • 10 State Developments Tax Professionals Should Watch in 2026

    State tax policy continues to move quickly. Legislatures, departments of revenue, and courts are addressing pass-through entity taxes (PTETs), economic nexus, income tax rate reductions, digital products taxation, and conformity to recent federal tax legislation. For tax professionals, these developments create both planning opportunities and compliance risks.  1. California: Continued Focus on PTET Planning and…

  • Meet Drake Software® at Major Tax Industry Events in 2026

    Tax professionals looking to stay ahead of industry changes, explore new technology, and connect with peers will have plenty of opportunities in 2026. Drake Software will attend many of the tax and accounting profession’s most recognized conferences, forums, and trade shows throughout the year. Whether you want to see the latest updates in Drake Tax®,…