Drake Tax Description

Drake Tax is packed with an array of features designed to streamline the preparation and processing of tax returns for your clients efficiently. This allows you to concentrate on what matters most—engaging with clients and expanding your business. With Drake Tax, you can expedite every aspect of return preparation, ensuring that calculation results and a comprehensive view of the return are just a click away. You have the ability to mark items in any text field, checkbox, or tax form amount as verified, flagged for review, or noted for further examination. If any information for a confirmed item changes, the DoubleCheck feature will promptly flag it for review. In addition, shortcut keys and macros help to simplify the data entry process, significantly reducing the number of keystrokes required. The software facilitates an automatic flow of data from federal returns to state and city returns, while also providing options for overrides when necessary. State and city returns are generated on demand, and it automatically accounts for taxes paid to other jurisdictions. Furthermore, Drake Tax conveniently auto-fills information based on ZIP Code and EIN inputs, enhancing accuracy and efficiency in tax preparation. With all these features combined, Drake Tax becomes an invaluable tool for tax professionals aiming to optimize their workflow.

Drake Tax Alternatives
Megaventory Reviews
Megaventory
(158 Ratings)
Megaventory is a web-based order and inventory management solution targeted at medium-sized businesses. It's features include inventory tracking, order fulfillment, manufacturing management, invoicing, and reporting. Megaventory offers comprehensive customer support. Megaventory is priced per user per month subscription basis. Support is available via phone and chat. Multiple integrations are available including major eCommerce platforms and accounting. Megaventory Key Features: * Real-time connection with Shopify, WooCommerce, and Magento. * Integration with the Quickbooks Online accounting software. * Connectivity with ShipStation for courier costs, tracking numbers, and shipping labels. * Easily import and export data, extensive customization elements, and significant self-localization. * Robust API for advanced flexibility and Zapier-ready for no-code solutions. * Pricing rules, multiple currencies, and exchange rates. * Support for multiple companies, locations, users and user permission settings. * Ability to set stock alert levels, create invoices, and generate customizable reports. * Accurate tracking of serial numbers, batch numbers, expiry dates, and barcodes.
Learn more
Fireflies.ai Reviews
Fireflies.ai
(700 Ratings)
Record, transcribe. Search your meetings and voice conversations. Instantly record meetings from any web-conferencing platform. Fireflies can be invited to your meetings to record and then share conversations. Fireflies can transcribe audio files or live meetings that you upload. You can read the transcripts and listen to the audio afterwards. To quickly collaborate with colleagues on important moments of your conversations, you can add comments or mark certain parts of calls. In less than five minutes, you can review an hour-long call. You can search for action items and other important highlights. Integrate with more than 10 web-conferencing platforms Zoom Google Meet GotoMeeting UberConference MicrosoftTeams Skype for Business + More 12+ App Integrations Slack Salesforce Zapier Hubspot CRM Pipedrive Zoho CRM Freshsales Copper CRM Close.io + More
Learn more
Vertex Reviews
Vertex
(2 Ratings)
Vertex software allows tax determination, compliance and reporting, tax data and management, as well as document management. It also integrates with core business applications to provide powerful integrations. Vertex combines the best of technology innovation, tax process expertise, and industry partnerships to create a global indirect tax solution. This reduces audit exposure and allows tax departments to add more value to their companies.
Learn more
Corvee Tax Planning Reviews
Corvee Tax Planning
(2 Ratings)
Corvee provides tax, accounting, and financial advising firms the ability to make better tax decisions for clients while optimizing their business. Corvee Tax Planning software is the company's flagship product. It provides firms with a simple but sophisticated tool to quickly calculate tax savings, create proactive tax plans, and streamline client collaboration. Corvee has received numerous honors this past year, including being named Accounting Today's Top New Product of 2021; being selected as a Finalist for the 2021 CPA Practice Advisors Technology Innovation Awards; and most recently, being included on the 2021 Inc. 5000 List of the fastest-growing companies in America.
Learn more

Pricing

Pricing Starts At:
$330.00

Integrations

View Integrations

Reviews - 2 Verified Reviews

Total
ease
features
design
support
See More Reviews Write a Review

Company Details

Company:
Drake Software
Year Founded:
1977
Headquarters:
United States
Website:
www.drakesoftware.com

Media

Drake Tax Screenshot 1
Drake Tax Screenshot 1
Recommended Products
MongoDB Atlas | Run databases anywhere Icon
MongoDB Atlas | Run databases anywhere

Ensure the availability of your data with coverage across AWS, Azure, and GCP on MongoDB Atlas—the multi-cloud database for every enterprise.

MongoDB Atlas allows you to build and run modern applications across 125+ cloud regions, spanning AWS, Azure, and Google Cloud. Its multi-cloud clusters enable seamless data distribution and automated failover between cloud providers, ensuring high availability and flexibility without added complexity.
Learn More

Product Details

Platforms
Web-Based
Types of Training
Training Docs
Customer Support
Online Support

Drake Tax Features and Options

Corporate Tax Software

Compliance Management
Data Import / Export
Data Verification
Electronic Filing
Exception Notification
For Nonprofits
For Partnerships
K-1 Reporting
Payroll & Employer Forms
Status Tracking
Tax Planning

Tax Practice Management Software

Approval Process Control
Billing & Invoicing
Client Management
Client Portal
Document Management
Due Date Tracking
Scenario Planning
Tax Filing
Tax Forms
Workflow Management

Tax Planning Software

Detailed Savings Calculations
Export Branded Proposal
Export Branded Tax Plan
Multi-Entity Planning
Multi-Year Planning
Proposed Legislation Planning
State & Local Planning
Strategy & Scenario Comparison
Tax Return Diagnostics
Tax Return Scanning

Drake Tax User Reviews

Write a Review
  • Name: Joshua P.
    Job Title: Tax Preparer and Reviewer
    Length of product use: 2+ Years
    Used How Often?: Monthly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Drake Tax: A Wonderful Software Professional Tax Product

    Date: Nov 29 2022

    Summary: Overall, I used this product for years and found it to be a great application for what it is intended to do. The software also allows for a variety of pricing options and also simplifies producing returns that have multiple state returns required or have other rare problems that tax professionals may have to encounter in their day-to-day operations.

    Positive: The ease of use of this tool was great, I was trained on this software back in 2017 and used it through 2020. The tool allows for quickly jumping through the various aspects of the tax return. In particular, the flow through abilities to compare changes from prior years along with adding in corporate, partnership or other flow-through information is greatly helpful when coordinating multiple workers working on the same individuals set of returns when they have more then one type of tax return to file.

    Negative: The user interface and key combinations can be challenging at times and depending on the setup of the office, clients may have some issues reading or understanding the screen if you are sharing it with them. I used this program for years at my work, this was by far a very nice professional tax software and I had very few issues with the software. Some complained over the password and security aspects of the software being overly rigid, while some may see that as a complication given the ever increasing need for security, especially in this industry I would argue this is more of a positive then a true negative. My only real complaint with the software was that configuring printers and network devices could be challenging and the process for doing so could use improvement.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Tax Preparer
    Length of product use: 2+ Years
    Used How Often?: Yearly
    Role: User
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Drake is Professional

    Date: Nov 20 2020

    Summary: I found Drake to be very easy to use and filing taxes was very quick. My small Tax office was able to handle a rush of customers with ease and there were no hiccups or dragging systems. Very happy with Drake!

    Positive: Very easy to navigate through this software and easy to understand what needs to be done. You don't have to be a Pro to use this!

    Negative: There was nothing I didn't like when I used this software.

    Read More...
  • Previous
  • You're on page 1
  • Next