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Tax Software Survey: Drake Software

Please note: This item is from our archives and was published in 2009. It is provided for historical reference. The content may be out of date and links may no longer function.

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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)

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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; streamlining data entry; integrating the extensive new tax law into 2009 calculations; and programming to support the first phase of modernized e-file on the 1040 product