Audience

Tax professionals

About Drake Tax

Drake Tax is loaded with features to help you quickly and efficiently prepare and process your customers’ returns. So you can stay focused on the important stuff — working with clients and building your business. Drake Tax helps you do everything quicker, and speeds you through every step of preparing a return. Calculation results and full return view just a click away. Mark items in any text box, check box, or amount on a tax form as verified, flagged for review, or noted for review. If information for a verified item changes, DoubleCheck will automatically flag the item it for review. Shortcut keys and macros simplify data entry and reduce keystrokes. Automatic data flow from federal return to state and city returns, with override options. State and city returns generated as needed. Automatic credit for taxes paid to other jurisdictions. Drake Tax also auto-fills from ZIP Code and EIN entries.

Pricing

Starting Price:
$330.00

Integrations

Ratings/Reviews - 2 User Reviews

Overall 4.5 / 5
ease 4.5 / 5
features 4.5 / 5
design 4.0 / 5
support 4.5 / 5

Company Information

Drake Software
Founded: 1977
United States
www.drakesoftware.com

Videos and Screen Captures

Drake Tax Screenshot 1
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Product Details

Platforms Supported
Cloud
Training
Documentation
Support
Online

Drake Tax Frequently Asked Questions

Q: What kinds of users and organization types does Drake Tax work with?
Q: What languages does Drake Tax support in their product?
Q: What kind of support options does Drake Tax offer?
Q: What other applications or services does Drake Tax integrate with?
Q: What type of training does Drake Tax provide?
Q: How much does Drake Tax cost?

Drake Tax Product Features

Corporate Tax

Data Import / Export
Data Verification
Electronic Filing
Exception Notification
Tax Planning
Compliance Management
For Nonprofits
For Partnerships
K-1 Reporting
Payroll & Employer Forms
Status Tracking

Tax Planning

Multi-Entity Planning
Multi-Year Planning
Proposed Legislation Planning
State & Local Planning
Detailed Savings Calculations
Strategy & Scenario Comparison
Tax Return Scanning
Tax Return Diagnostics
Export Branded Proposal
Export Branded Tax Plan

Tax Practice Management

Billing & Invoicing
Scenario Planning
Tax Filing
Tax Forms
Approval Process Control
Client Management
Client Portal
Document Management
Due Date Tracking
Workflow Management

Drake Tax Verified User Reviews

Write a Review
  • Joshua P.
    Tax Preparer and Reviewer
    Used the software for: 2+ Years
    Frequency of Use: Monthly
    User Role: User
    Company Size: 1 - 25
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Drake Tax: A Wonderful Software Professional Tax Product"

    Posted 2022-11-29

    Pros: The ease of use of this tool was great, I was trained on this software back in 2017 and used it through 2020. The tool allows for quickly jumping through the various aspects of the tax return. In particular, the flow through abilities to compare changes from prior years along with adding in corporate, partnership or other flow-through information is greatly helpful when coordinating multiple workers working on the same individuals set of returns when they have more then one type of tax return to file.

    Cons: The user interface and key combinations can be challenging at times and depending on the setup of the office, clients may have some issues reading or understanding the screen if you are sharing it with them. I used this program for years at my work, this was by far a very nice professional tax software and I had very few issues with the software. Some complained over the password and security aspects of the software being overly rigid, while some may see that as a complication given the ever increasing need for security, especially in this industry I would argue this is more of a positive then a true negative. My only real complaint with the software was that configuring printers and network devices could be challenging and the process for doing so could use improvement.

    Overall: Overall, I used this product for years and found it to be a great application for what it is intended to do. The software also allows for a variety of pricing options and also simplifies producing returns that have multiple state returns required or have other rare problems that tax professionals may have to encounter in their day-to-day operations.

    Read More...
  • A Drake Tax User
    Tax Preparer
    Used the software for: 2+ Years
    Frequency of Use: Yearly
    User Role: User
    Company Size: 26 - 99
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Drake is Professional"

    Posted 2020-11-20

    Pros: Very easy to navigate through this software and easy to understand what needs to be done. You don't have to be a Pro to use this!

    Cons: There was nothing I didn't like when I used this software.

    Overall: I found Drake to be very easy to use and filing taxes was very quick. My small Tax office was able to handle a rush of customers with ease and there were no hiccups or dragging systems. Very happy with Drake!

    Read More...
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