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Drake Tax

Drake Tax

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by Drake Tax·Launched Tax Software
ReviewAITools Score · 977 reviews8.9

What is Drake Tax?

Drake Tax is a comprehensive tax preparation software designed for tax professionals. It facilitates the efficient preparation and electronic filing of individual and business tax returns. The software is known for its fast processing capabilities, enabling tax professionals to swiftly move through the steps of tax preparation and review.

Drake Tax integrates several features aimed at optimizing user productivity, such as automatic data flow between federal and state returns, shortcut keys, and macros that simplify data entry.

The software supports a wide range of tax forms and includes functionalities for multi-state returns without requiring additional state modules. It offers tools for looking back at prior-year data, double-checking entries, and ensuring the accuracy of the tax returns prepared. Drake Tax also allows users to manage their practice more efficiently with features like document management, electronic signature, and integrated tax research.

Drake Tax includes a built-in learning and support framework to assist new users, featuring online tutorials, webinars, and customer support to ensure users can maximize the software’s capabilities. The platform is designed to cater to both seasoned tax professionals and those new to the field, offering a range of tools to enhance the efficiency and accuracy of tax preparation work.

Best for
Small BusinessMedium BusinessLarge Enterprise

Pricing

Starting at $355/month · Subscription

Features

18 features that make Drake Tax stand out.

  • Data Import/Export
  • Data Verification
  • Electronic Filing
  • Tax Calculation
  • Access Controls/Permissions
  • Accounting
  • Activity Tracking
  • Tax Filing
  • Alerts/Notifications
  • Billing & Invoicing
  • Client Portal
  • Tax Planning

Drake Tax alternatives

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Frequently asked questions

Is Drake Tax free to use?
Drake Tax does not include a free tier, but it offers a free trial so you can test it before committing.
How much does Drake Tax cost?
Drake Tax starts at $355/month. Higher tiers add seat capacity, automation, integrations and enterprise-grade controls.
What does Drake Tax integrate with?
Drake Tax ships with an open API for custom integrations. The vendor also publishes connectors for common business systems on request.
Who is Drake Tax best suited for?
Drake Tax is built for teams who need to standardise the workflow it covers — typically growing companies who have outgrown spreadsheets but don't yet need enterprise-grade procurement suites. The exact fit depends on company size, deal volume and compliance requirements.
How long does it take to onboard Drake Tax?
Most teams are live on Drake Tax within 2–6 weeks. Simpler implementations (small teams, default workflows) can be done in days; large enterprise rollouts with custom approval chains and ERP integration take longer.

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