Business Strategy

  • How to Become a Tax Professional

    Tax professionals play a crucial role in assisting individuals and organizations in navigating the complexities associated with maintaining accurate financial records and adequately submitting their taxes. Most tax preparers are detail-oriented, organized, and excel in working with numbers; whether you are seeking more general information or have experience you want to translate into a professional…

  • Generative AI in the Tax and Accounting Profession: Friend or Foe?

    Artificial intelligence (AI) is regularly a hot topic in the news, and you may have recently heard about Open AI, Generative AI, or specific products like ChatGPT. As a tax and accounting professional, you might be asking, “What does all of this mean, and should I care?” To answer those questions, let’s take a look…

  • Mastering Effective Marketing Strategies for Tax Preparers

    In the ever-evolving industry of tax preparation services, tax preparers must employ efficient marketing strategies to distinguish themselves from competitors. This blog post explores a comprehensive range of marketing techniques specifically tailored for tax preparers, equipping them to reach a wider audience, establish credibility, and ultimately boost their client base. By leveraging the power of…

  • IRS CPE Requirements for Tax Preparers

    While maintaining up-to-date records of requirements set forth by the IRS can often be arduous, we at Drake Software hope to alleviate this and present concise, relevant information that is crucial for you as a tax preparer. For your ease, we’ve composed a comprehensive overview of the IRS requirements for Continuing Professional Education (CPE) for…

  • How to Build a Website for Tax Professionals

    As a tax professional, having an online interface is a necessary feature in the twenty-first century to increase your accessibility and reliability. Creating a website is the simplest and most effective way to attract new clients and establish your online presence. Here are ten suggestions for creating a productive and attainable website for your clients:  1.…

  • Jobs for Tax Preparers in the Off Season

    As a tax preparer, it’s foreseeable to experience a lull in business during the off-season. A beneficial way to spend this downtime is utilizing complementary skills in additional job opportunities, ultimately maximizing your productivity and strengthening your competency in tax preparation. Review and consider what job might suit you as a tax preparer in the…

  • Cloud Applications and Remote Work for Tax Pros

    Drake Software and Right Networks are collaborating on this three-part series highlighting different software solutions available to tax professionals. In part three, we look at how cloud application hosting facilitates remote work. What was once seen as a quirky anomaly at Silicon Valley startups, remote work emerged as a viable alternative for many businesses—including small…

  • Three Ways to Run Software for a Tax Practice

    Drake Software and Right Networks are collaborating on this three-part series highlighting different software solutions available to tax professionals. This week, we’re focusing on the ways you can run software in a tax practice.    The tools tax professionals use to run their practice are constantly evolving. From appointment scheduling and document management to research…

  • Is Your Website ADA Compliant?

    Small businesses that make their website compliant with Americans with Disabilities Act standards could qualify for the disabled access tax credit. From business clients to your own tax practice, this credit can help cover some of the associated expenses.    What is the Americans with Disabilities Act? According to ADA.gov, the Americans with Disabilities Act…

  • Tax Tips for New Business Owners

    Owning your own business can be a very rewarding experience. The process of starting a business, however, can seem overwhelming to the uninitiated. There are so many choices to consider – from business plans to market strategies and tax responsibilities. The IRS has put together a quick list of items any new owner of a…