Running Your Tax Practice

  • How to Market Your Tax Business

    In today’s competitive market, tax professionals must do more than prepare returns—they must market their services effectively to stay visible, help retain clients, and acquire new ones. Whether you’re running a solo tax practice or managing a multi-preparer firm, a smart marketing strategy is key to client acquisition for tax professionals. Use these effective marketing…

  • Protect Your Account: Recent Tax Fraud Scams

    Tax Fraud Scams Cyber threats are on the rise, and protecting sensitive information has never been more critical. At Drake we continue to monitor for scams and bring you the latest cyber news to help keep you informed. Some examples of recent fraud scams include:  1. EFIN Phishing Cybercriminals impersonate software providers instructing the tax…

  • 5 Tips for Tax Pros: Client Satisfaction and Retention

    Client satisfaction and retention are some of the basic building blocks for tax preparers looking to establish a sustainable and profitable practice. After all, happy clients return year after year and refer others, while dissatisfied clients may not only leave but also share negative experiences. Fortunately, there are strategic ways to keep clients engaged, satisfied,…

  • Resources for Tax Professionals for Tax Season 2025

    The busy season is an opportunity for tax professionals to shine by providing exceptional service and staying ahead of industry changes. To help you tackle tax, we’ve compiled a list of essential resources covering everything from contacting the IRS and cybersecurity tips to continuing education and tax preparation tools. 1. Contacting the IRS Tax year…

  • Now Available: Get Your Tax Year 2024 Desk Reference Guide [Free Download]

    Save time during the busy filing season with a comprehensive tax reference guide for tax year 2024. It’s back— an updated desk reference guide to help make your life a little easier. The guide is available in English and Spanish.  Why is the 2024 desk reference guide considered a tax season best practice? From a preseason…

  • Help Taxpayers Settle their IRS Debts with Community Tax

    We’ve teamed up with Community Tax, a leading provider of tax resolution services  Many of your clients may face a moment of crisis in the next few months. It’s only when the notices threaten seizure and levy that taxpayers start to react. And when they do, timing is of the essence. With the IRS stepping…

  • Building a Website for Your Tax Firm: A Comprehensive Guide

    In the digital age, having a robust online presence is indispensable for any business, and tax firms are no exception. A well-crafted website serves as the cornerstone of your firm’s digital identity, providing a platform to showcase your expertise, attract new clients, and offer valuable resources to your existing clientele. This comprehensive guide will walk…

  • Navigating IRS CPE Requirements: A Guide for Tax Preparers

    As the tax landscape evolves and complexities abound, tax preparers face the constant challenge of staying abreast of the latest regulations and practices. For Enrolled Agents (EAs), maintaining their status with the federal government necessitates adherence to stringent Continuing Professional Education (CPE) requirements outlined by the Internal Revenue Service (IRS).   In this blog post, we’ll…

  • Benefits of Offering Multiple Payment Options as a Tax Preparer

    In the fast-paced world of tax preparation, providing exceptional service goes beyond just filling out forms and crunching numbers. It’s about creating a seamless experience for clients from start to finish, including how they pay for your services. In today’s digital age, offering multiple payment options can make a significant difference in client satisfaction and…

  • What Are the Different Kinds of Tax Preparers

    If you are a tax accountant or want to become one, the many different types of tax preparers can feel overwhelming. How do you choose the right one for your workflow and tax firm? Let’s look at different tax agents to see which category best fits your needs and goals. How to become a tax…