Taxing Subjects
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IRS Research: Five IRS Tax Changes to Watch This Tax Season
Tax professionals should start the 2026 filing season fully informed of the major shifts in tax law and IRS procedures. Many of this year’s key updates stem from the (OBBB) otherwise known as the Working Families Tax Cut Act, which enacted sweeping changes in 2025 that apply for returns due in April 2026. Here are…
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Desk Reference Guide for 2025 – Version 3 is here!
Save time during the busy filing season with a comprehensive tax reference guide for tax year 2025. It’s ready — an updated desk reference guide to help make your life a little easier. Why is the 2025 desk reference guide considered a tax season best practice?From a preseason checklist to due diligence requirements to updated tax…
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AI & Cybersecurity in Tax Practice: How to Protect Your Firm and Your Clients
As tax professionals, we handle some of the most sensitive data in the financial ecosystem — Social Security numbers, bank account details, incomes, and identity credentials. That trust also makes our firms high‑value targets for criminals seeking to exploit weaknesses for fraud, identity theft, and ransomware attacks. In an era when artificial intelligence (Cybersecurity Awareness and WISP Planning…
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5 Powerful New Features in Drake Portals That Make Tax Season Easier
As tax professionals look for ways to streamline their workflow and enhance client experience, Drake Portals® continues to evolve with features designed to help simplify and accelerate the tax preparation process. Here’s what’s coming soon: 1. Fresh New Look for Tax Preparers and Taxpayers The document checklist (a checklist designed by tax preparers to organize and…
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Bank Products for Tax Professionals
What Are Bank Products? Bank products are financial services tax professionals offer to help clients access their refunds faster and help pay for tax prep services. These products are typically facilitated through third-party banks and are fully integrated into your professional tax software. Common bank products include: Why Offer Bank Products in Your Tax Office?…
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Marketing & Growth for Tax Professionals
How to Attract Better Clients, Build Trust, and Scale a Modern Tax Practice Why Marketing Matters in the Tax Industry Effective marketing isn’t just about getting more clients—it’s about getting the right clients, improving lifetime value, building trust, and establishing a reputation that accelerates word-of-mouth referrals. This guide breaks down the modern marketing strategies that may help…
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How the Reconciliation Process Impacts 2025 Tax Law
As the 2025 tax season approaches, tax professionals should keep a close eye on Congress — especially when lawmakers pursue sweeping tax reform using a powerful legislative tool: the reconciliation process. Commonly used to sidestep Senate filibusters, this fast-track mechanism could be the engine behind significant updates to the tax code. What Is the…
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Drake Tax Spanish Software Resources for Tax Professionals
Welcome to Drake Software’s Spanish Tax Resource Center Drake Software® proudly supports Spanish-speaking tax professionals with a comprehensive selection of Spanish-language tax software tools, training, webinars, and documentation. Whether you’re getting started with Drake Tax or looking to streamline your workflow with Drake Portals and e-signatures, our Spanish-language resources are here to help. Live Tax…
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Jared Ballew Named a 2024 “20 Under 40” Influencer by CPA Practice Advisor
We’re proud to share exciting news: Jared Ballew, Vice President of Government Relations at Drake Software, has been recognized as one of CPA Practice Advisor’s 2024 “20 Under 40” Influencers. Celebrating Young Professionals in Accounting This annual award celebrates young professionals who are making significant strides in shaping the future of the accounting profession. Jared’s…