Description
Pricing
Features
Specification
Review
Compare
FAQs
Alternatives
View Gallery
Brand: Drake Software LLC
Drake Software is a professional tax preparation and e-filing tool for accountants and tax firms....Read more
Get Free Expert Consultation
Let us know your business needs clearly
Verified & Trusted
Vendors
Safe & Secure
Payment
Personalized
Experts Support
Starting at $ 349.99
Features
Tax Preparation & Filing Income & Deductions Management Compliance & Audit Support Business & Enterprise Features Integration & Automation See all 
Tax Preparation & Filing
Direct Deposit Enables quick refund transfers to client accounts. Federal & State Tax Filing Supports electronic filing for all U.S. states and federal returns. Automated Form Filling Automatically populates tax forms with entered data. Multi-Year Filing Allows preparation and filing of prior-year returns. Real-Time Calculations Instantly updates figures as data is entered. Return Preview & Validation Lets users review and validate returns before submission. Tax Extension Filing Supports electronic filing of tax extensions. e-File Support Direct electronic submission to tax authorities. Income & Deductions Management
W-2 & 1099 Import Easily import income data from standard forms. Rental Income Management Handles income and expenses from rental properties. Charitable Contributions Tracks donations for deduction purposes. Medical & Educational Expenses Supports deductions for qualified expenses. Dependent Credits Calculation of credits and deductions for dependents. Retirement Income & Contributions Handling of taxation on retirement income and contributions to retirement accounts. Self-Employment Support Management of income and expenses for freelancers and independent contractors. Investment & Capital Gains Reporting Calculation of taxes on investment income, including stocks and bonds. Compliance & Audit Support
Automatic Updates Ensures tax rules and forms are always current. Error Checking Flags errors before returns are filed. Audit Risk Assessment Analyzes returns for audit triggers. Audit Assistance Tools and resources to respond to IRS audits. ID Validation Verifies taxpayer identity to reduce fraud. Nonprofit Support Features tailored for non-profit organizations. Franchise Tax Compliance Assistance with state franchise tax requirements. Tax Law Compliance Ensuring adherence to current federal and state tax regulations. Self-Employed & Gig Worker Compliance Ensuring proper reporting for self-employed individuals and gig workers. Business & Enterprise Features
Business Tax Filing Prepares returns for corporations, partnerships, etc. Asset Depreciation Tracks and calculates depreciation of business assets. Payroll Tax Management Calculation and reporting of payroll taxes. Sales Tax Management Calculation and tracking of sales and use taxes. Multi-State Support Handling of tax filings for businesses operating in multiple states. International Reporting Management of reporting requirements for international transactions. Nexus Management Identification of tax obligations based on business presence in various jurisdictions. Integration & Automation
API Integration Connects with third-party systems for custom workflows. Third Party Integration Compatible with other tools like payroll, CRM, etc. E-Signature Integration Allows clients to sign documents digitally. Accounting Software Integration Syncs with software like QuickBooks. Estimated Tax Automation Automatically calculates estimated payments. Financial Data Import Importation of financial data directly from banks and brokerage firms. Security & Data Protection
Data Encryption Secures sensitive data using encryption protocols. Two-Factor Authentication (2FA) Adds extra login security. Role-Based Access Control (RBAC) Limits data access based on user roles. Fraud Protection Tools to prevent identity theft and fraud. Data Backup Automatic backups to prevent data loss. IRS Security Standards Compliance with IRS regulations for secure electronic filing. GDPR and CCPA Compliance Adherence to data protection laws like GDPR and CCPA. Analytics & Reporting
Customizable Reports Generate reports tailored to firm needs. Tax Planning & Forecasting Helps clients plan future tax strategies. Cryptocurrency Reporting Calculation of taxes on cryptocurrency transactions. Others
Document Management Organize, store, and retrieve client files. Paper Filing Supports manual return printing and submission. Multi-Language Support Available in different languages for diverse client bases.
Have recommended this product
Overall Score
Review this product
Your valuable feedback helps others like you make a better decision.
“Drake Tax Software Review | Best Tax Software For Tax Preparers”
4.3
Review by: ZT Tech
“Drake Tax Software Review Usage Experience”
4.6
Review by: rontesterreviews
“Drake Software Review: 12 Things You Need To Know Before Buying”
4.5
Review by: dannysstepbystepguides
| Brand Name | Drake Software LLC |
| Information | Drake Software, a private company founded in 1977, provides software solutions to over 70,000 tax and accounting firms that file more than 40 million tax returns every year. Known for its award-winning customer service team, Drake is also consistently recognized for excellence in quality, value, and |
| Founded Year | 1977 |
| Director/Founders | Phil Drake |
| Company Size | 501-1000 Employees |
India
USA
