Provided by Drake Software

5 Best Practices for Workflow



For the past 20 years we have considered it, adopted it, embraced it, invested in it, and even worshiped it as the key to efficiency and effectiveness in the modern tax and accounting practice. But do we really know what workflow is, and how to best harness its power?

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Free Download: Impact of the ACA



 The Affordable Care Act.

What’s the impact on Taxpayers?

What’s the impact on Tax Preparers?

We surveyed over 4,000 preparers nationwide. See the results in this Infographic.

 

Complete the brief form. The download link will arrive in your email. [Read more...]

The Cost of Being Ethical



How Being Ethical Cost You Time, Money, & Friends

© 2014, Ben A. Tallman EA

Introduction

Have you ever considered what you give-up by being ethical?  This article will discuss the dilemma that Tax Professionals face when they try to balance ethical behavior with keeping clients happy.  Have you noticed that “ethics” has recently picked-up a negative connotation?  When the media mentions ethics, it usually refers to someone getting into trouble for being unethical.  Ethics has become a set of rules and standards that cause us to become the Police Officer, Judge and Jury in the monitoring and policing of our own behavior and actions? [Read more...]

Dangerous Liaisons



Caregiver vs. W-2 Reporting

© Ben A. Tallman EA

I believe the single-issue of improperly reporting caregiver income will be the most dangerous and volatile topic over the next decade.  Why?  Because the improper reporting of caregiver income could cost our clients thousands of dollars in ‘denied medical deductions’ and in ‘unpaid payroll taxes’.  If that doesn’t get your attention, include the Department of Labor adding thousands more for missed “over-time” pay and penalties.  Mishandling this item could create a disaster for our clients and a legal “night-mare” for us. [Read more...]

Tax Year 2013 Desk Reference Guide



How you prepare can have a lot to do with how smoothly your season goes.

A well-organized office that has prepared for the upcoming months can make the sailing much smoother during a fast-paced time. Here are some other important steps you can take to ensure your office is prepared.

Download the most recent Desk Reference Guide Now.

Simply fill out the form below making sure your email address is correct.
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Live Webinars



LEARN DRAKE SOFTWARE

Our live webinars provide an overview of customizing, navigating, and electronic filing with Drake Software.

Learn about:

  • Customizing Drake Software for your practice
  • Navigating data entry
  • Electronic filing in Drake
  • Using practice management tools

Click Here for the complete list and register today!

 

Loyalty Matters



Loyalty Matters: Edward Gonzalez

Edward Gonzalez is a successful business owner, a dedicated professional, and a devoted husband and father. He is honest, outgoing, friendly, and has strong moral principles, but perhaps what sets Edward aside from many others is his loyalty.  That loyalty has been a key to his success. [Read more...]

Tax The NFL?



Should Congress Tax The NFL?

 

At a time when Congress is seeking new sources of tax revenue, Sen. Tom Coburn (R-OK) has a solution:  tax major sports leagues such as the Professional Golf Association (PGA) and the National Football League (NFL). [Read more...]

Refund Dilemma



Tax refund Dilemma for illegal immigrants

More than $1 billion in tax revenue is collected by the Internal Revenue Service each year from the paychecks of illegal alien workers in the United States.  Those workers know that they are being denied refunds on the money they pay, but fear they may lose their jobs if they press the issue. [Read more...]

Inflation Adjustments For 2013



IRS Releases Inflation Adjustments For 2013

The Internal Revenue Service has announced the annual inflation adjustments for tax year 2013, including the tax rate schedules, and other tax changes from the recently passed American Taxpayer Relief Act of 2012. [Read more...]