Drake Software

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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Drake Software Classroom Training and CPE Opportunities

April 18 – or April 19 for preparers in Maine and Massachusetts – doesn’t actually mean the end of tax-related work. There are still extensions that require your attention and tax-planning meetings scheduled with...
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Results of the CPA Practice Advisor 2016 Readers’ Choice Awards

Drake Wins in 6 Categories CPA Practice Advisor recently released the results of their 13th annual Readers’ Choice Awards, which polled close to 7,000 readers on a variety of topics related to tax professionals, including...
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Tax Update Classes

Every year it seems like Congress waits until the last minute to make changes to the tax code. Lately, many of the changes are retroactive, as changes are made in December that affect the...
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Employee Spotlight: Jennifer Dills, Vice President of Finance

Balancing the Numbers The fall months bring colorful leaves, crisp weather, and – for tax professionals – gearing up for filing season. At Drake Software, this time of year is filled with frenetic energy: finalizing...

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PTIN Renewal Underway Once Again

PTIN Renewal Underway Once Again
A recent federal court ruling that struck down the Internal Revenue Service’s user fee for issuing or renewing Preparer Tax Identification Numbers (PTINs) took away the fee, but left the PTIN itself in service. The renewal of PTINs – without charge – is now...

New Scam Targets Tax Professionals

Security Summit Warns of New Email Scam
The Internal Revenue Service today announced a new email scam from cybercriminals that targets tax professionals. Using a two-stage process, this latest phishing scheme attempts to collect private data from tax preparers.

IRS Announces the First Day of Tax Season, Issues Refund Delay Reminder

IRS Announces the First Day of Tax Season, Issues Refund Delay Reminder
Tax professionals across the country are gearing up for tax season, which the Internal Revenue Service today announced will officially begin on January 23, 2017. The press release included yet another reminder about PATH Act-delayed refunds: taxpayers claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) will not have their refund issued until February 15, 2017.

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