Drake Tax

Drake Tax is a desktop-based tax preparation application known for its efficiency and cost-effectiveness. It handles individual, business, trust, estate, and nonprofit returns with multi-state support, electronic filing, tax planning tools, and a built-in client write-up module for basic bookkeeping.

Accounting firms use Drake for its fast data entry system (particularly the interview-style input), reasonable pricing relative to competitors like Lacerte or UltraTax, and responsive customer support — which is consistently well-reviewed among its user base. The software includes prior-year data conversion from other major tax platforms, which lowers the barrier for firms switching providers.

Drake’s client write-up module allows firms to handle basic bookkeeping tasks alongside tax preparation without a separate application. Tax planning features let preparers model different scenarios to advise clients on estimated taxes and year-end strategies. Best suited for small to mid-sized US tax practices, particularly those that value ease of use and affordability over enterprise-scale features.