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

SPONSORED REPORT

Scorecard preparation templates and tips

With Workiva, we've created a PowerPoint deck that helps you create your own scorecards -- quick reference reports used across organizations to update stakeholders on the performance of defined deliverables.

100th ANNIVERSARY

Black CPA Centennial, 1921–2021

With 2021 marking the 100th anniversary of the first Black licensed CPA in the United States, a yearlong campaign kicked off to recognize the nation’s Black CPAs and encourage greater progress in diversity, inclusion, and equity in the CPA profession.