Drake Tax

RATING:

4.0

(94)

About Drake Tax

Drake Tax helps small to midsize accounting firms streamline returns operations for multiple clients via a unified portal. The platform enables organizations to compare and evaluate taxes for different states and print forms in Spanish. Drake Tax allows tax professionals to handle data entry operations and reduce keystrokes using the doublechecking functionality. It offers various features such as electronic signatures, calculation error messages, return archiving, joint filing, amortization schedules, automated data flows and more. Additionally, tax professionals can evaluate taxes for multiple years, identify and correct calculation errors, and share PDF documents with clients. Drake Tax is available on monthly subscriptions and support is provided via phone, email ...

Drake Tax Pricing

Unlimited Version - $1395 Pay-Per-Return Version - $300

Starting price: 

$355.00 one time

Free trial: 

Available

Free version: 

Not Available

Drake Tax configuring preparer

Drake Tax Reviews

Overall Rating

4.0

Ratings Breakdown

Secondary Ratings

Ease-of-use

4

Customer Support

4

Value for money

4

Functionality

4

Most Helpful Reviews for Drake Tax

1 - 5 of 94 Reviews

Anne

Accounting, 2 - 10 employees

Used unspecified

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

Reviewed January 2024

Really is the best product for the value

Anonymous

2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2019

Amazing Customer Support

Great software overall. Occasionally there's bugs (on state and local) but those tend to be resolved quickly once Drake is notified

PROS

If you ever get stuck on a complicated tax return their customer service line is always a great help. I've never had to wait more than 5 minuets on hold and they usually answer in under a minuet. There's options for you to send the tax return to the customer support specialist securely so they can look at exactly what you are. If the problem was especially complicated, they would get back within the week.

CONS

The software looks a little dated. Switching between screens is not intuitive and the screens don't always match up with the forms on the tax returns. There's less accuracy on the state levels and even less on local.

Marie Alana

Accounting, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2022

Drake is a best in class tax preparation software.

Overall, very good. I'll be very sad if I need to leave them to find a better cloud-based tax software.

PROS

I've been using Drake for over 10 years for tax prep. The pay-per-return was a fabulous price for when my practice was very small. Now that I have nearly 200 tax returns, I use the unlimited version and it's priced much better than comparable tax prep software. And their customer service over the years has been amazing. I've used several other tax software programs over the years and so far, this is the best.

CONS

The ONLY thing I find frustrating with Drake is the inability to work in the cloud without paying $100/mo per user for their hosting service (on top of the cost of the software). I have a remote accountant that would love to help enter tax data but I'd have to pay for all of the users in my office just to have the one remote accountant have access as well so it's not cost effective. They really need a cloud-based accounting option.

Reason for choosing Drake Tax

Mostly price, but I've stayed because of the quality product and superb customer service.

Reasons for switching to Drake Tax

Needed a tax software that was more reliable and user friendly.

Greg

Accounting, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

2

EASE OF USE

3

VALUE FOR MONEY

3

CUSTOMER SUPPORT

1

FUNCTIONALITY

2

Reviewed January 2021

Company ignores functionality problems and does not timely fix systems when down

It was good before the recent release of SecureFilePro but the company has miserably failed in their commitment to their customers and does not have the courtesy and commitment to address these real deficienciencies in the functionality of their software. If they cared about their customers, product and image they would have been on the phone immediately trying to understand the issues raised and how they make it impossible to work efficiently. Contact me at [SENSITIVE CONTENT HIDDEN] if you care Drake.

PROS

The tax software has been easy to use and generally support on it has been good

CONS

Their SecureFilePro release just prior to tax season is a complete disaster and company is not taking steps to fix the problems. System times out every 8 minutes (they refuse to lengthen the time-out period and continually state this is they way it is going to stay), their authentication on login is now taking as much as 27 minutes to get a security code to login, when you download a JPG or DOCX document it tries to open it in Excel, they converted the tax IDs used for login from 4 digits to 9 so now clients cannot login and when their system uploads documents it creates a duplicate site for the 9 digit id, navigation now takes multiple clicks to get to desired page where before it took one or two clicks. The company is unwilling to put someone on the phone to address these issues as they have made it impractical to use. The time-out settings are absurd and make it impossible to use the product as a tool to prepare tax returns.

CHORY

Accounting, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2023

GREAT VALUE.

It takes some time to dive it. It would be the best value product once you get used to it.

PROS

Its price is unbeatable. At this pricing point, it's impossible to find a comparable product.

CONS

UI is not particularly user-friendly. It appears to be a product from 1990.