Drake Tax

Category: Tax preparation Software

Class: Tax Preparation 

Drake Software Logo

Best Fit:

Full time tax professionals, providing a full slate of tax preparation for individuals as well as businesses and tax planning services. They are committed to providing great quality tax services to their clients, and using technology to meet the demands of the marketplace.


  • Fully Integrated Package
  • Privately owned
  • Recognized in numerous industry reviews, placing first in customer satisfaction, support, relative value, and more
  • Provides incredible support, answering the phone on the average in less than 10 seconds during the busiest part of tax season
  • All of the states are normally approved and ready to go by the first week of January

National Association of Tax Professionals (NATP)

  • #1 in Overall Customer Satisfaction
  • #1 in Support
  • #1 in Ease of Installation
  • #1 in Software Reliability
  • #1 in Software Updates After Tax Law Changes

Journal of Accountancy

  • 4.5 Overall Satisfaction Rating

CPA Technology Advisor

  • Federal/State Income Tax Compliance
  • Website Builders for Accounting Firms
  • Document Management & Document Storage

CPA Technology Advisor

  • Support/Training & Help System: 5 Stars
  • General Operations/Ease-of-Use 4.5 Stars
  • Integration/Imports & Export:4.5 Stars
  • Document Storage Systems: 4.5 Stars
  • Relative Value: 4.5 Stars
  • Overall Rating: 4.5 Stars

CPA Magazine
2009 TOP 6

  • 1040 Software

2009 TOP 10

  • Business Tax Software Solutions

2009 TOP 6

    • Tax Suites Solutions
accounting software header

Brief Product Description and Pricing

  • Drake’s package is unique because they offer VALUE.
  • All packages, including office management tools, tax research, accounting and payroll, are included for one price.
  • $1,495 (with early season discounts)


System Requirements 

  • Windows 2000 & XP
  • Windows Vista & Windows 7
  • Network Capabilities
Technical specs

Integration with Accounting and Ease of Setup

The software is fully integrated with the Client Write-Up product, full of features tax preparers need to handle all of their clients’ accounting and payroll needs.

      • The Accounts Receivable Module
      • Web-Based Portals for Payroll Services
      • Check Writer
      • Accounts Payable
      • Bookkeeping
      • Financial Statements

Directly export client information and account balances from the Chart of Accounts into Drake Software, saving time and keystrokes. Easily convert your QuickBooks® and Peachtree® data. Use Drake Software and Drake Client Write-Up for all your tax and accounting needs. Plus, customers who purchase Drake Software can print all reports to PDF and store them in the Drake Document Manager.

Company History and Contact Information

Headquartered in scenic Franklin, North Carolina, Drake Software is a rapidly growing tax preparation software company. The Drake family has influenced the business community in Franklin since 1954, when Clyde Drake, father of the current owner, Phil Drake, opened what would soon become a successful tax preparation business. The younger Drake started developing tax preparation software in the 1970s. In 1977, he decided to discontinue preparing tax returns, and instead focus his energy on tax software. That year, Phil made the decision not to compete with tax preparers, a choice that continues to impact the direction of the company to this day.

When the IRS implemented a new program for electronically filing individual and business tax returns in 1986, Phil soon began using the new technology, transmitting some of the first electronically filed tax returns in North Carolina. In 2004, Drake Software won the IRS Modernized e-file Pioneer Award for its initiative in electronically filing tax returns. Today, tax professionals nationwide use DrakeSoftware. Each year, Drake Software processes more than 9 million federal- and state-accepted returns. The company provides free electronic filing and excellent federal and state programming.

Year after year, Drake develops the tools tax professionals need to build successful tax preparation businesses.