Business Strategy

  • 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®,…

  • Why Valuable Customer Support Matters in Tax Software

    Tax professionals depend on tax 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…

  • Boosting Client Retention: Essential Tips for Tax Preparation Businesses

    Client retention is key to the long-term success of any tax preparation business. Keeping clients happy and loyal contributes to a steady revenue stream and helps build a strong reputation. Why Client Retention Matters When it comes to staying ahead of the tax prep competition, maintaining a loyal client base is crucial. Not only does…

  • Amended vs. Superseded Returns Infographic

    Minimize Filing Mistakes That Cost Time, Money, and Client Trust Understanding when to amend versus supersede a return can help tax professionals reduce delays, avoid unnecessary complications, and improve client outcomes. Download this free infographic to learn: Get the quick-reference guide designed to help you make the right call with confidence. Fill out the form…

  • Amended Returns: What Tax Preparers Need to Know

    Tax preparers often file amended returns long after the original filing deadline passes. In 2026, amended returns continue to play a major role in correcting taxpayer errors, claiming missed credits, and responding to IRS notices. While the basic rules for amended returns remain familiar, several procedural changes and IRS modernization efforts affect how preparers handle Form…

  • Disaster Tax Relief 2026: Current IRS Disaster Relief Programs Tax Pros Need to Know

    As of 2026, tax professionals must navigate multiple overlapping IRS disaster relief deadlines, some extending well into the current year. This guide outlines the most relevant IRS disaster relief programs, including active extensions, affected areas, and how to advise clients. What Is IRS Disaster Tax Relief? The IRS offers automatic tax filing and payment extensions to taxpayers…

  • Tax Season Wrap-Up: The End Is a Turning Point for Tax Pros 

    When the final returns are filed and the deadlines pass, most tax professionals feel the same mix of relief and exhaustion. Another season is done. What you do right now can have a direct impact on how smooth, profitable, and manageable next tax season will be. Turning Experience into Strategy Every tax season tells a…

  • One Bundle, Total Tax Workflow Efficiency: Introducing 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…

  • Practice Management for Tax Professionals: Running a Growth-Driven Tax Firm 

    For tax professionals, technical expertise alone isn’t enough to build a successful firm. Strong practice management can help transform a busy tax office into a streamlined, profitable operation. Whether you’re a solo preparer or managing a firm, improving your tax practice management systems may help reduce stress, improve client satisfaction, and increase revenue — especially…

  • A Proactive Approach to Preventing IRS Underpayment Penalties

    Identify at-risk clients early and reduce surprises Underpayment penalties aren’t just a tax issue—they’re a client experience issue. When clients receive an IRS notice, it creates stress, extra work, and often an urgent call to your office. The good news is that many of these penalties are preventable with a proactive approach. Here’s how to…