If you like working in spreadsheets, importing them into Drake Tax is straightforward and easy. Data import: You can easily import data from QuickBooks or Client Write-Up, which simplifies the implementation process.Paperless options: In addition to SecureFilePro, Drake Tax has other tools to reduce the paper needed to prepare and file client taxes, such as options to share information for revisions and to e-sign and e-file documents.This streamlines the process on both ends, allowing seamless communication between you and your clients. SecureFilePro: This is Drake Tax's paperless tool that helps you obtain the source documents from your clients that you'll use in the tax preparation process.

It comes with all 1040 forms, all federal packages and 48 state packages (plus Washington, D.C.), including forms for partnerships, S-corps, C-corps, estates, trusts and tax-exempt organizations.

Comprehensive filing: Drake Tax includes support for even the most complicated filers, though it's primarily used by firms with small and midsize business clients.

The company offers demos, videos, a user manual, a quick reference guide and other resources on its website to help you take advantage of all the software's capabilities. FeaturesĪs a program designed for tax professionals, Drake Tax is packed with features to help you prepare taxes for your clients accurately and efficiently. We also like that state returns can be prepared directly in Drake Tax without the need for add-ons or other software. It has all the major tax forms, allows you to prepare gift and estate taxes, offers all state returns, and includes additional applications to manage clients and document transfers.Ī major feature of Drake Tax is SecureFilePro, which allows your clients to electronically fill out the required paperwork and return it directly, streamlining the process and cutting out unnecessary paper copies. It doesn't matter if you're a member of an accounting firm, corporation or nonprofit – the tools you need are there and easily accessible. Like any good software today, Drake Tax is simple to navigate and allows tax preparers to quickly move from one item to the next. Beyond its tax preparation capabilities, Drake Tax includes a module that gives you a centralized view of the health and efficiency of your client's business. Where it really shines is in its customizable reporting, which offers granular insights into every aspect of a business's operations.

Why Drake Tax?ĭrake Tax is a thorough, accurate, easy-to-use software application for tax professionals and preparers who cater to small and midmarket clients. If you want to look at our methodology to understand how we chose Drake Tax or see a comprehensive list of online tax software vendors, visit our best picks page. After our extensive research into potential solutions, we recommend Drake Tax as the best online tax software for tax professionals who service small businesses. Just like the rest of the population, tax professionals have access to specialized tax filing software that can help other people and themselves accurately file their annual taxes.

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