Business Strategy

For tax preparers, obtaining precise information from clients is necessary to properly compile and file their returns. Tax professionals can proactively retrieve this information by asking critical questions and strategically seeking specific client data. In doing so, preparers can identify clients’ extenuating circumstances and support a successful tax preparation process.   We at Drake Software understand…

Amid the ever-changing rules and regulations within the tax industry, we at Drake Software understand the importance of consistency and routinization to aid tax preparers in their roles. To achieve this aim, we have curated several checklists to simplify the process of filing tax returns.   First, as a caveat, we delve into the importance of…

Whether you are considering a career in tax preparation or seeking development opportunities for your existing role, being a successful tax professional requires significant training. Training for tax preparers can include meeting educational requirements, seeking relevant and updated regulatory information, and maintaining a network of other professionals who will sharpen the skills you bring to…

One valuable exercise to sharpen your skills as a tax professional is practicing tax returns. Whether you are new to the profession or want to refine your keen skills, practicing returns can deepen your understanding of varying tax affairs, reinforce your experience, and expand your confidence. There are many practical outcomes to incorporating this practice…

As a tax professional, you are likely familiar with how learning and development are ingrained, necessary functions of your role. Additionally, no matter if you serve clients within a firm or as a freelance tax preparer, you may wish for a sense of professional community that can support you in times of complexity or challenge.…

In your role as a tax preparer, you want to maintain current and accurate certifications, not only for compliance of your career with governmental regulations but also to preserve your professional standing as a service provider to your clients. We at Drake Software recognize this need for clarity regarding certifications and have compiled a guide…

At Drake Software, we understand the necessity of having the right tools to maintain efficiency and seamlessness in your tax preparation services. In addition to utilizing our optimal tax software, one of the best resources in your arsenal is a reliable and accessible laptop computer that enables your success. We’ve prepared an extensive how to…

As a tax preparer, developing equitable and pragmatic pricing for your services is vital for maintaining sustainability and utility. While striking a balance between offering value and maintaining your financial well-being can be challenging, we at Drake Software want to equip you with the confidence to establish effective pricing for your business. Read on to…

As a tax preparer, maintaining a thorough record of resources is vital for efficiency and achievement in your role. In addition to necessary and potentially frequent contact with the Internal Revenue Service (IRS) via phone, you will likely need to establish connections with other tools and websites that contribute to your success as a tax…

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…