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Drake Tax description
Drake Tax is tax preparation software designed for professional tax preparers and accounting businesses, particularly those serving small to midsize clients. It aims to streamline the process of preparing, calculating, and filing tax returns while also offering tools for practice management like secure client portals. Drake Tax emphasizes a user-friendly design and offers both desktop and cloud-based versions.
Who is Drake Tax best for
Drake Tax is tax preparation software ideal for small and midsize accounting firms serving individuals and businesses. Users praise its affordability, user-friendly interface, and accurate calculations. However, some users mention a learning curve and limitations with e-signatures. Consider Drake Tax if you need reliable software with excellent customer service, but be prepared for potential portal and notification issues.
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Best fit for small to mid-sized accounting firms.
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Ideal for firms focused on financial services.
Drake Tax features
Supported Drake Tax supports e-filing of tax forms to the IRS for the current and two preceding years. |
Supported Drake Tax offers client management tools like Client Status Manager and secure document exchange. |
Supported Drake Tax prepares and files federal and state business tax returns. |
Supported Drake Tax offers a client portal called Drake Portals for secure document access and management. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Drake Tax reviews
We've summarised 158 Drake Tax reviews (Drake Tax Software Advice reviews, Drake Tax TrustPilot reviews, Drake Tax Capterra reviews and Drake Tax G2 reviews) and summarised the main points below.
- Excellent customer service
- Affordable pricing
- User-friendly interface
- Accurate tax calculations
- Comprehensive forms coverage including federal and state filings
- Difficult learning curve
- Lack of timely notifications for rejected filings
- Portal auto-logout time is too short
- Frequent daily updates required
- E-signature limitations, especially for surviving spouses
Drake Tax pricing
The commentary is based on 23 reviews from Drake Tax Capterra reviews and Drake Tax G2 reviews.
Drake Tax is generally considered affordable, especially for small firms, offering a good value for its price. However, some users have noted a recent price increase and feel the cost is getting out of hand, particularly for the unlimited version. Despite this, many still find it inexpensive compared to competitors.
Users sentiment
See the Drake Tax pricing page.
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Drake Tax has a free trial.
Tax preparation software for businesses with one tax return preparer.
Comprehensive tax solution for businesses with multiple tax preparers.
Tax software for preparing and filing individual tax returns (single user).
Tax software for preparing and filing individual tax returns (multiple users).
Tax preparation software with the flexibility to pay as you go.
Drake Tax alternatives
Drake Tax FAQ
Drake Tax is tax preparation software for professional preparers, especially those serving small to midsize businesses. It streamlines tax return preparation and filing, offering tools for practice management and client portals. It's known for its user-friendly design and accurate calculations but can have a learning curve.
What is Drake Tax and what does Drake Tax do?
Drake Tax is tax preparation software for professional preparers, especially those serving small to midsize businesses. It streamlines tax return preparation and filing, offering tools for practice management and client portals. It's known for its user-friendly design and accurate calculations but can have a learning curve.
Drake Tax integrates with a client portal called Drake Portals for secure document exchange and management. It also supports e-filing to the IRS for the current and two preceding tax years. Further integration details are limited.
How does Drake Tax integrate with other tools?
Drake Tax integrates with a client portal called Drake Portals for secure document exchange and management. It also supports e-filing to the IRS for the current and two preceding tax years. Further integration details are limited.
Drake Tax's main competitors include ProSeries Tax, a similar tax preparation software for professionals, and Pacesetter, focusing on practice management for tax businesses. Other alternatives like Sovos, Avalara, and Vertex offer broader tax compliance solutions.
What the main competitors of Drake Tax?
Drake Tax's main competitors include ProSeries Tax, a similar tax preparation software for professionals, and Pacesetter, focusing on practice management for tax businesses. Other alternatives like Sovos, Avalara, and Vertex offer broader tax compliance solutions.
Yes, Drake Tax is a legitimate tax preparation software used by many tax professionals. It offers features like client management and e-filing, but some users find it has a learning curve. It's known for its affordability and comprehensive forms coverage.
Is Drake Tax legit?
Yes, Drake Tax is a legitimate tax preparation software used by many tax professionals. It offers features like client management and e-filing, but some users find it has a learning curve. It's known for its affordability and comprehensive forms coverage.
Drake Tax software pricing varies depending on the product and number of users. Single-user options for 1040 and Pro start at $1,795 and $2,195, respectively. Multi-user options are available for both, starting at $1,995 for 1040 and $2,495 for Pro. A pay-per-return option is also available for $349.99.
How much does Drake Tax cost?
Drake Tax software pricing varies depending on the product and number of users. Single-user options for 1040 and Pro start at $1,795 and $2,195, respectively. Multi-user options are available for both, starting at $1,995 for 1040 and $2,495 for Pro. A pay-per-return option is also available for $349.99.
Drake Tax's customer service receives mixed reviews. While many users praise the helpful and readily available support staff, others have encountered unhelpful representatives and difficulty reaching higher-level support. Some users also report long wait times, despite claims of short waits.
Is Drake Tax customer service good?
Drake Tax's customer service receives mixed reviews. While many users praise the helpful and readily available support staff, others have encountered unhelpful representatives and difficulty reaching higher-level support. Some users also report long wait times, despite claims of short waits.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.