Taxing Subjects

  • SEO for Tax Preparers

    Five tips to market your tax preparation business utilizing search engine optimization   It goes without saying—tax preparation is a highly competitive field. While there are many ways to stand out, one that’s often overlooked is search engine optimization, or SEO. Why? Because it’s not always the easiest concept to grasp or implement. But the…

  • 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…

  • 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…

  • Key Updates to Form 1099-K

    After a few years of delays, the reporting threshold for third party settlement organizations (TPSOs) reported on a Form 1099-K has officially dropped in 2025. This significant change, which is not the only one affecting Forms 1099-K this year, could affect various kinds of tax situations in ways your clients might not expect. What is…

  • 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…

  • Recent IRS Changes for Tax Year 2025: Tips for Tax Professionals

    As a tax professional, upcoming changes can be a bit confusing and maybe even stressful. However, understanding these changes now can help reduce uncertainty in the future. Here’s a breakdown of recent IRS updates and how you can navigate them effectively: 1. Increased Standard Deductions The IRS has adjusted standard deductions for inflation, affecting tax…

  • Top Tax Scams According to the IRS

    Every tax season, scammers ramp up their efforts to steal personal and financial information from taxpayers, businesses, and tax professionals. To combat these fraudulent activities, the IRS has released its Dirty Dozen list for 2025, highlighting common tax scams. These scams range from phishing emails to misleading tax credit claims, and tax professionals should stay…

  • IRS Tax Relief for 2025: Disasters Update

    In 2025, several significant natural disasters have impacted various regions across the United States. In response, the IRS has announced tax relief measures to support affected individuals and businesses. This article outlines the disasters and the corresponding tax relief provisions. California Wildfires and Straight-Line Winds Incident Period: January 7, 2025 – January 31, 2025 Affected…

  • 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,…

  • Drake Pay™ Got Even Better: Now Offering ACH as a Payment Option

    In addition to Drake Refund Pay, credit and debit payment options, Drake Pay now offers Automated Clearing House (ACH) as another secure form of payment. For tax professionals and Electronic Return Originators (EROs), integrating ACH payments through Drake Pay is another convenient way to take payment and replace paper checks. In 2024, same-day ACH payment…