Taxing Subjects

  • Common Phishing Scams Targeting Tax Preparers

    By: Oscar Hernandez-Gutierrez, Security Operations Analyst, Drake Software  In my current role as a Security Operations Analyst, I’ve seen firsthand how threat actors exploit this critical period to launch sophisticated phishing campaigns aimed at tax professionals. These attacks are often well-crafted, highly targeted, and capable of inflicting serious damage on both firms and their clients. In…

  • Featured Webinar: Best Practices for Extensions

    Tax extensions don’t have to mean stress or last-minute chaos. During this webinar, you’ll learn: – practical strategies for managing extensions work – keeping clients informed, and – staying organized through final filing deadlines. If you’re ready to work smarter—not longer—this webinar is for you. Complete the form below to access the on-demand recording and…

  • New Feature: Smarter Document Collection That Identifies and Organizes Client Uploads 

    Designed to simplify secure document exchange and reduce administrative workload, this enhancement automatically identifies and organizes client-uploaded IRS forms and supporting documents. Instead of spending valuable time sorting, renaming, and reviewing files, your firm can rely on Drake Portals® to categorize documents accurately — helping you move returns through the preparation process more efficiently.  See how secure document…

  • 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…

  • 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…

  • 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…

  • Updated Guidance on State and Local Tax (SALT) Deductions — What Tax Pros Need to Know

    As the 2025 tax filing season approaches, tax professionals should be prepared to advise clients on significant changes to the State and Local Tax (SALT) deduction rules — changes that materially impact itemized deductions for individuals and complicate planning for high‑income and high‑tax‑state taxpayers. Overview of New SALT Deduction Cap For tax years beginning in 2025 through…

  • 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…

  • 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?…

  • 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…