Business Strategy

  • Errors and Omissions Insurance for Tax Preparers

    Tax preparers play a crucial role in helping clients navigate the complexities of tax returns and related financial matters. Even with the most professional of preparers and a high level of care in your work, mistakes are often inevitable components of tax preparation. Because of this, it’s important to know your options before an oversight…

  • How To Grow Your Tax Business

    In our modern competitive market, growing your business is not only an industry advantage, but a necessity. Learning where to start in taking practical steps toward upward growth can be challenging, but we at Drake are here to provide applicable insights into how you can grow your business. In this post, we’ll take a three-pronged…

  • Tips for Attracting More Clients

    As a tax preparer, one of your primary goals is likely to attract more clients. After all, a growing client base is not only a sign of a successful business, but also a means to greater financial stability and professional growth. In today’s digital age, achieving this goal requires a multifaceted approach that combines a…

  • Mission Statement for Tax Preparation Businesses

    A well-crafted mission statement not only defines your purpose and values as a tax preparer, but also communicates your commitment to clients and stakeholders. Whether you’re an independent tax preparer or a tax preparation firm, we at Drake hope to provide you with insights to create a mission statement that reflects your identity and resonates…

  • Due Diligence Checklist for Tax Preparers

    As tax professionals, we understand that it can be a meandering process to go from documents to declarations, fraught with potential pitfalls. Because of this, a robust due diligence strategy isn’t just a matter of regulatory compliance—it’s an embodiment of the commitment to your clients’ financial well-being and professional integrity as a tax preparer. In…

  • Jobs for Tax Preparers: Building a Career as a Tax Professional

    While this post is intended to help preparers implement best practices throughout their careers, we also understand the importance of seeking career opportunities for themselves as tax professionals. If you’d like to read more about job ideas for tax preparers in the off-season, visit our blog here.   The industry for tax professionals can naturally…

  • Choose the Best Tax Preparation Software

    In our current digital age, tax preparation software has become an indispensable tool for tax preparers, streamlining workflow and enhancing efficiency of offered services. With a myriad of options available in the market, it can be daunting for tax professionals to choose the best tax preparation software that aligns with their needs and preferences.  At…

  • Social Media for Tax Preparers

    In today’s fast-paced, digitally integrated environment, social media has become a key feature of any successful marketing strategy. For tax preparers, using social media platforms effectively can significantly boost their online presence, reach a wider audience, and attract potential clients. In this blog post, we will explore the best practices for social media creation tailored…

  • Tax Help Software

    Tax preparation can be a complex and time-consuming process, especially for professionals dealing with multiple clients and intricate financial situations. To ease the burden, tax preparers have turned to technology-driven solutions that simplify and automate various aspects of tax preparation. In this article, we will explore tax help software tools designed specifically for tax preparers…

  • Online Courses for Tax Preparation

    In an increasingly competitive industry, tax preparers must stay updated in their understanding of the latest regulations and enhance their skills. Online courses for tax preparation have emerged as an invaluable resource, offering flexibility and convenience while providing the knowledge and expertise needed to navigate complex tax situations. Choosing the right online course is paramount…