News for Tax Professionals

News for Tax Professionals

Any successful tax preparer knows how to navigate a constant state of flux, as financial regulations, laws, and client expectations can change at a moment’s notice. Staying informed, thus, is not just a preference – it’s a necessity. Clients rely upon your expertise...
Hawaii Wildfire Victims Get Tax Relief from IRS

Hawaii Wildfire Victims Get Tax Relief from IRS

As recovery efforts are underway for victims of the devastating wildfires in Hawaii, the Internal Revenue Service is moving to give survivors one less thing to worry about.  The agency has launched its tax relief package for victims in Maui and Hawaii counties that...
Drake Ranked Excellent in All Categories of 2023 NATP Survey

Drake Ranked Excellent in All Categories of 2023 NATP Survey

The 2023 Software Survey conducted by the National Association of Tax Professionals (NATP) unveils insightful findings regarding tax professionals’ experiences with their chosen tax preparation software. Covering attributes ranging from reliability to customer...
2023 Contactless Tax Preparation [Infographic]

2023 Contactless Tax Preparation [Infographic]

Is contactless tax preparation the future of the industry? While the 2020 filing season jettisoned the tax industry into a virtual arena, the 2023 season seems to indicate that contactless tax preparation has some staying power as tax professionals continue to adapt...
IRS Unveils Timetable for Completely Paperless Filing by 2025

IRS Unveils Timetable for Completely Paperless Filing by 2025

The Internal Revenue Service says it has constructed a blueprint for its future called the Paperless Processing Initiative. The plans are aimed at eliminating up to 200 million pieces of paper every year, while cutting processing times in half and speeding up refunds...