Business Digital Marketing

Drake Tax Software Benefits You Aren’t Using

It’s time to upgrade your tax software! Drake Software is the best option for small and medium-sized businesses. If you’re already using it, then know that there are many other features beyond what we mention here – like Drake document repository with over 200 templates; Scheduler tool which allows me schedule workflows across my team or clients’ devices (even if they don’t use our app).

The Drake software offers a number of features that could be useful for your business, but you may not have even known about them.

DoubleCheck

Doublecheck is an enhancement in Drake software that you can use to check off items on your taxes. You get green ticks for verified fields, red flags indicating a field needs review and yellow notes when there’s something worth noting about the information entered so far – no matter what it may be!

LinkBacks

LinkBacks is a great new feature that will help you track the sources of data in any given tax return. For example, if I want to know where on line 5 of my 1040 report it says “Taxable Income,” all we have to do is open Linkbacks and view screens which pull up those numbers for us!

LookBack

LinkBacks is a great new feature that will help you track the sources of data in any given tax return. For example, if I want to know where on line 5 of my 1040 report it says “Taxable Income,” all we have to do is open Linkbacks and view screens which pull up those numbers for us!

Amortization

Amortization is a tricky topic for many people, but with the help of this feature in Drake you’ll find it easy to calculate your loan amounts and scenarios. You just need enter some fields like amortization period (the number of years), annual interest rate on loans like mortgages or car payments (percentage points) as well as those three numbers that represent each month’s instalment during repayment: payment amount per year. Once all these are set up-date them often because values may change over time!

D Imports

D Imports is a fantastic way of importing your data! This feature allows you to schedule the import directly from Excel sheets, TAB files or CSV format. The columns in each worksheet must be included so they can all have uniform input and output fields like field 8949 on their screens.

Printing Labels

Drake software users can print client labels in bulk with the Printing Label feature. Before printing, make sure that you have an installed printer and follow its instructions for making custom prints correctly. You’ll find different kinds of tags available such as mailing or folder-labels: SSN/EIN; name(s); folder label Name-, Folder Label Special Services Code aka SSC code which are all customizable to suit your company’s needs!

Hide Screen

Sometimes it’s just too much to look at all the information on your Federal NOTES Page. That is where this ‘hide screen’ option comes in handy! You can choose HIDE from miscellaneous tab of note page for a few seconds or hold three-digit code so nobody else sees what you have written, but only YOU will be able see it with these hidden notes popping out as if they were someone else ideas (but not really!). It also works when viewing mode–just use two-digit numbers instead during scrolling down period because then everyone gets some privacy while reading though other people‚Äôs minds!

Side By Side Comparison

Side by side, the impact of tax laws is easy to see. Users can compare their prior year’s return with a new one and easily see what changes have been made as they prepare for audits or when dealing directly with clients who might want this information themselves.

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