Running Your Tax Practice

  • 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…

  • 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 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  • Amended vs. Superseded Returns Infographic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…

  • Post Season Checklist for Tax Professionals

    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 a post season checklist for tax professionals. This checklist will walk you through closing out the season step-by-step.  Use this checklist…

  • 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…

  • 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…

  • How Tax Preparers May Enhance Security with MFA

    In the digital age, data security is not just a best practice—it’s a professional obligation, especially for tax preparers handling sensitive financial information. One of the most effective tools in your defense toolkit is Multi-Factor Authentication (MFA). Yet, despite warnings from the IRS and software providers, some users still disable MFA, viewing it as inconvenient. However,…

  • The Tax Pro’s Go-To Checklist for Preparing Schedule K-1s 

    This step-by-step checklist helps tax professionals gather the right information, review allocations, and confidently prepare Schedule K-1s for partnerships and S corporations. What will you learn? This practical, process-driven guide walks you through every stage of the K-1 preparation cycle, from reviewing and confirming data to finalizing returns. Get Instant Access to the Checklist Ready…