Drake Software

IRS Ready to Process Four Energy-Related Tax Benefits

Drake Tax Ready to Process All Bipartisan Budget Act Extenders

Knowing that their customers were anxiously awaiting these changes, Drake Software developers worked diligently to bring Drake Tax into compliance with the extenders. Today, Drake customers can prepare returns claiming any of the retroactive tax incentives.
Where to Start in Cybersecurity

Where to Start in Cybersecurity

Tips for building a cybersecurity defense for your tax practice. For some time now, we here at Drake – along with the Internal Revenue Service, state tax agencies and their other tax industry partners –...
Hillsborough Community College Students Thank Drake Software

Hillsborough Community College Students Thank Drake Software

Drake received thank-you letters from several Accounting and Taxation students at Hillsborough Community College in Florida.
Gibson Named to Security Summit Group

Gibson Named to Security Summit Group

Drake Software has long been a leader in the income tax industry. Now that influence is expanding into the national fight against tax-related identity theft.
Drake Software and Area Schools Send Christmas Cards to Local Veterans, Law Enforcementvideo

Drake Software and Area Schools Send Christmas Cards to Local Veterans, Law Enforcement

Drake Software and Macon County schools produced more than 3,000 Christmas cards for the American Red Cross (ARC) Holiday for Heroes project and more than 100 cards for the second annual Holiday Cards for Cops program.
Drake Enterprises Sells EPS to MetaBank

Meta Financial Group Acquires EPS Financial

Last week, Meta Financial Group, Inc. and its subsidiary, MetaBank, announced the acquisition of EPS Financial LLC, a wholly-owned subsidiary of Drake Enterprises, Ltd. The Meta Financial Group press release noted that the purchase of EPS Financial from Drake Enterprises was for roughly $42.5 million – half in Meta Financial stock and half in cash – and would close in the fourth quarter of 2016.

Drake’s John Sapp Named to National Advisory Panel

John Sapp, Vice President of Strategic Development for Drake Software, has been appointed to the Electronic Tax Administration Advisory Committee. The ETAAC was established in 1998 to confront tax issues affecting the electronic tax...
Drake Gets High Marks

Drake Gets High Marks in Journal of Accountancy Software Survey

Drake Software had a strong showing in areas that are important to CPAs when the Journal of Accountancy released their annual tax software survey on August 1, 2016. The survey polled 3,851 AICPA members following...
Let's Can Hunger

Drake Employees’ “Let’s Can Hunger” Food Drive a Success

Employees at Drake Software’s Hayesville, NC call center recently gathered and donated enough canned goods and nonperishable food items to feed more than 300 families as part of their “Let’s Can Hunger” food drive. The...
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Drake Software's 2017 Annual Federal Tax Refresher (AFTR) Course Now Available

Completion Counts Toward IRS's Annual Filing Season Program (AFSP) Requirement Drake Software, an IRS-approved CE provider, will begin offering its 2017 AFTR course this week, providing tax preparers seeking the AFSP Record of Completion with an...

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Tax Year 2017 Desk Reference Guide

Tax Year 2017 Desk Reference Guide
When you’re in the midst of a busy tax season, it helps to have important information consolidated, organized, and easily within reach.

2017 “How Do Your Tax Prep Fees Stack Up?” Results

2017 How Do Your Tax Prep Fees Stack Up?
Drake Software surveyed more than 2,800 tax professionals in October, looking at tax prep fees by professional certification, like CPAs, EAs, and attorneys; the estimated number of returns for the upcoming filing season; and more.  

Budget Bill Passed, Renews Tax Extenders

Budget Bill Passed, Renews Tax Extenders
After a brief shutdown overnight, the House voted to reopen the government by passing a $400 billion budget that increases spending caps, raises the debt ceiling, and provides disaster relief for Texas, Florida, and Puerto Rico. President Trump signed it into law this morning.
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