What's New in Drake Accounting
Article #: 18997
Last Updated: May 15, 2026
See why tax professionals rely on Drake Accounting to expand their practice with payroll and accounting services — a powerful, fully integrated solution that simplifies payroll processing, bookkeeping, payroll tax forms, and vendor payments while delivering the flexibility, efficiency, and affordability firms need without the complexity of enterprise software
Recent Enhancements
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Expanded e-filing through IRS IRIS — e-File 1099-A, B, C, DIV, G, INT, NEC, OID, PATR, R, S, plus W-2G, 1098-T, 1098-C, 1098-MORT, and Form 8809 extensions directly from Drake Accounting. Includes a new transmit and acknowledgement screen and support for replacements and corrections — no third-party tools needed.
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Qualified Overtime support — New FLSA-compliant and FLSA Plus overtime calculations with manual entry options and a dedicated Qualified Overtime by Pay Period report, helping you stay compliant with Department of Labor rules.
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Improved Drake Pay integration — Accepting credit card payments from clients is now smoother and more reliable, whether swiped in person or entered manually.
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Enhanced Drake Tax export — Export descriptions now included, giving you clearer data when moving information into Drake Tax returns.
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Ongoing performance and user experience improvements — Delivered performance and usability enhancements across the platform, including a more reliable Quick Payments experience, improved form validation, and clearer tab-level error indicators to help users navigate workflows more efficiently and confidently.
Coming Soon
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Additional IRIS form coverage — Continued expansion of direct e-filing capabilities as the IRS IRIS platform matures.
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Continued platform investment — Ongoing improvements to reliability, performance, and integration with the Drake ecosystem.