Tax Software Survey: Drake Software


Click here for a PDF of detailed survey responses for Drake Software.

Tax program name Drake Software
Vendor name Drake Software
Telephone

800-890-9500

E-mail address

Sales@drakesoftware.com

Web site

drakesoftware.com

Price on Federal 1040

$1,395 (with early season discounts as low as $995)

Is this an increase from last year? By how much?

No
Renewal price

$1,395  (with early season discounts as low as $995)

State price Included
State renewal price Included
Pay-per-return pricing

$285 (up to 15 returns)

Additional cost for E-filed returns

No cost to E-file

Online version? Cost? Yes – Web1040 OR Remote1040 $1,395 (with early season discounts as low as $995)
Support

828-524-8020

Toll-free telephone

800-890-9500

Hours

M-F 8 a.m. – 9 p.m.

 

Tax Season M-F 8 a.m. – 10 p.m., Sat 8 a.m. – 6 p.m.

E-mail support? Yes
IM/chat? No
Other? Please specify

Knowledge Base, Broadcast E-mails, Online Tax Research, Forums

Do you offer organizers? Yes
Client letters Yes
Client portals Yes
Does your software integrate with other products?
Which ones?
Yes – Quick Books, Tax Planner, Document Manager, Client Write-Up
New features added to your software for this year

Application

  • Ability to password protect and e-mail PDF copies of tax returns created through the tax software
  •   Improved PDF generation of tax returns to simplify PDF navigation
  •   Backup capabilities to the Drake Document Manager
  • Role-based security model for tax software
  • Web portal for multisite management

 

Client Write-Up

  • Accounts Receivable module
  •   Web based portals that allow employer to enter payroll info online. Then the accountant can download directly into Client Write-Up for processing and report generation.
  •   Improved Setup Wizard

 

Tax Development

  • Streamlined data entry on Entity returns (1120, 1120S, 1065, 990)
  • 1040: Partner/Shareholder basis worksheets and calculations; s treamlining data entry; integrating the extensive new tax law into 2009 calculations; and p rogramming to support the first phase of modernized e-file on the 1040 product

QUIZ

Personal happiness and new hires’ pay on the rise

The news of the past couple of weeks hit home with reports on personal financial satisfaction and pay for finance professionals. See how much you know about recent news reports with this quiz.

SPONSORED REPORT

Preventing and detecting fraud at not-for-profits

Organizations in all industries must deal with the potential for fraud to occur, and design controls to prevent and detect it. Environment, policies, and controls can help organizations steer clear of problems.

PROFESSIONAL LIABILITY SPOTLIGHT

The dangers of dabbling

To meet evolving marketplace needs, CPAs often look to diversify their service offerings. Firms can mitigate the risk of experiencing competency-related professional liability claims by implementing these basic steps.