Tax FAQ
 

Turbotax VS. Drake Tax Preparation Software?

which software is Preferably to use when doing taxes


Answer: Drake all the way. It is an all all-encompassing package for one low price. The support is the best in the industry! Turbo tax is for the tax payer and Drake is for the tax preparer! Give them a call 800.890.9500
 
 

Anyone Tax Preparers/accountants Use Drake Software? Help?

I'm attempting a recurrence listing two dependents, when I view the EIC screen it only lists one, and I'm not seeing the credit for two on the 1040 either. Please cure.


Answer: represent sure you are checking the correct boxes for living with person for more than 6 months of the year (I always honourable set them to 12 months if it is more than 6) and make sure they are son/daughter etc.

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What Is The Best Professional Tax Software To Use?

I have done taxes for the prior 2 years, however I have worked for H&R Block. I have prepared taxes seperately but just Euphemistic pre-owned the free online software. I am now opening my own mobile tax service and would like to grasp which professional software is the best and inexpensive? I have looked up Drake and others but everything is about $1000 i was hoping to go through about $200-$400 on the software. Can someone out there please help me find the best software for my budget.


Answer: H/R has a program on the shelves called
2nd Detective story Software also has one called Tax Act, I have used both and prefer this one
the other major ones, ie Drake etc are quite priceless but very good, if you have a lot of clients and need help, they are excellent in response

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Can You Do Unlimited Number Of Federal Efiles With Turbo Tax?

I am idea of opening my own tax preparation service and need to know can I get by with turbo tax or do I need something like Drake.


Answer: You can't use turbo tax but Intuit has competent software as well. You need a PTIN (preparer tax identification number) and EFIN (electronic filing connection number) which can take time to get approved (approval involves things such as proof of professional eminence, fingerprinting, credit check, background check, etc). Start by flourishing through the requirements for tax professionals on the irs site to see if it's even an option for you.

http://www.irs.gov/taxpros/index.ht

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NRHH:Does Drake Have To Pay Fewer Federal Taxes For His US Sales Since He's Canadian?

fitting curious. not sure anyone would actually know


Answer: No, I improvise Canadians pay taxes differently and the U.S. and Canada have agreements where double taxation is unresolvable. I don't think he pays US Federal Tax.

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