More and more US accounting firms are using Drake to make their work more efficient and to improve their productivity. Drake offers a wide range of tax preparation tools, assists firms in cutting down the time required for processing by as much as 30%. As a result, 70% of accounting firms have experienced a rise in their productivity after they have started using the automated features of Drake. Let us explore in detail how US accounting firms can use Drake to optimize their workflows in 2026.
Top Problems Tax Preparers Encounter in the USA
Here are some common challenges faced by tax preparers in the USA:
1. Keeping Up with Constantly Changing Tax Laws
Throughout the US, tax laws regularly change at both the federal and state levels. It is very difficult but absolutely necessary to keep up with the changes in order to file the returns correctly. If you don't keep up with the changes, you might make a mistake or get penalties or miss out on a deduction.
Tax preparers need to be always on the lookout for IRS publications, state laws, and new credits, which makes it necessary for them to be constantly learning and careful if they want to be compliant and give their clients accurate, reliable advice.
2. Managing High Volume During Tax Season
At the height of the tax season, preparers are bombarded with work and are pressured to meet deadlines. Juggling several clients at once can make it easier to be careless or late. You need to have a good plan, make your work as smooth as possible, and use trustworthy software to be able to cope with the heavy workload.
Quite a number of tax preparers rely on scheduling, managing documents electronically, and outsourcing the less demanding tasks so as to be able to keep up with the accuracy and still adhere to deadlines without letting down the quality of their work.
3. Handling Complex Client Situations
It is often the case that some clients have complex financial situations involving multiple state income, business ownership, investments, or foreign assets.
These clients' returns can only be prepared by those with advanced knowledge and who very thoroughly check their work. An error may tempt the taxing authorities to launch an audit or will result in penalties.
4. Ensuring Data Security and Confidentiality
Tax professionals are entrusted with highly sensitive personal and corporate financial information, which inevitably puts the matter of security among one of their highest priorities.
If hit by cyber attacks, a company's data could be exposed or even worse the data could be handled improperly which would cause both reputations and integrity to be damaged while going against regulations.
5. Educating Clients and Managing Expectations
Often clients do not know or understand the requirements of tax, deadlines, or possible liabilities. Miscommunication can result in the client having unreasonable expectations or forgetting documents. Tax preparers have to properly communicate with their clients, break down the complex laws into simple terms and advise them on keeping the proper records.
Properly setting the client's expectations will mean less mistakes, less waiting and less dissatisfaction, thus leading to a happier client and a better relationship with her.
How to Know When to Switch to Drake for Your Tax Preparation Services
Here are some tips on when to invest in Drake Software:
1. Increased Workload
Drakes emerges as a leading choice when a company experiences an increasing number of tax returns each season. Relying on manual processes or the simplest of tools can make work slow and increase the number of errors.
Drake assists in handling large client volumes most effectively by automating the entry of data, calculations, and updating forms. Hence, tax preparer services can process more returns in less time without compromising the accuracy even if they are overloaded with requests during the peak filing period.
2. Your Company Offers Beyond Basic Services
Drake would be a feasible option if your company is into providing the whole range of tax preparation services rather than just basic filings. It accommodates complex returns, numerous forms, and thorough compliance checks.
This makes it perfect for accountants and tax professionals dealing with business, multi state, or individual tax cases. Drake aids in keeping the client's accuracy and consistency in their filings.
3. You Provide Remote Services
Drake proves its worth when your company desires to offer online tax preparation and work from home thus supporting remote employees and clients. Its digital features enable teams to work together, exchange files, and perform return assessments in a secure environment.
This is particularly advantageous for firms that have remote workers or clients scattered in different areas. Online access facilitates faster turnover of work and better communication with clients while ensuring data safety.
How Accounting Firms Achieve Better Workflow Efficiency Through Drake Tax Preparation Services
Here are some benefits of Drake online tax preparation services software for US accounting and CPA firms:
1. Smooth Tax Preparation Process
Drake's tax prep software has features that will help you finish your tax preparation services easily, with less chance of error and less manual input.
Through the combination of client data, forms, and reports, tax firms can complete returns more rapidly. To illustrate, a firm can optimize their workflow in such a way that they could accommodate 40% more clients at tax time without hiring extra staff.
2. Enhanced Accuracy and Compliance
Drake's software helps to stay compliant with the law by making sure the tax laws and forms are always up to date automatically, which means less chance of making a mistake.
It is especially helpful for tax preparer services that deal with complicated returns.
3. Improved Collaboration Through Cloud Based Features
Drake's cloud based solutions enable an accounting firm to collaborate with its clients and staff remotely. It is a great advantage for tax outsourcing services where different teams may need to access and update client data.
70% of the firms that made use of Drake's online tax preparation tools claimed that it had enhanced client collaboration.
4. Efficient Tax Outsourcing and Delegation
Drake allows accounting firms to be completely sure about outsourcing parts of their workload to third parties. Its functionalities ensure that delegation of simple tasks such as data entry or review to the staff can happen without any risk of losing the data or getting delayed.
Tax outsourcing companies are the main beneficiaries of Drake's easy to understand interface which makes the management and tracking of operations a breeze.
5. Time Savings with Automatic Updates and Integration
Automated updates on Drake and its association with other accounting software significantly contribute to a decrease in the time required for employees to manually search for new forms, rates, and rules. This feature is undoubtedly a huge plus for those who prepare tax related documents for outsourcing services of multiple clients at the same time.
Accounting firms working with Drake managed to reduce administrative work by an average of 20 hours a month. A small business tax preparation outsourcing company that was using Drake and at the same time linked it up with their CRM system automated data entry and changed notifications to clients which led to substantial time savings and less error.
Related Resources
- Drake Software Updates for 2026 – New Enhancements and Feature Improvements
- Hidden Costs in Drake Software - What Users Should Know Before Buying
- Real Cost of Switching to Drake Software from ATX, ProSeries, or UltraTax
Drake enables accounting firms to streamline the tax preparation process, minimize mistakes, and even take on more work without getting stressed. By enhancing precision, team work, and fast turnaround, firms can provide better tax preparation services to their clients and at the same time be compliant. Connect with our experts at The Fino Partners to learn more.
