Drake Tax

Professional preparer software from Franklin, North Carolina, now a Taxwell company

Overview

Drake Software, LLC, based in Franklin, North Carolina, makes professional tax preparation software and is described on its site as a Taxwell company, a sister brand of TaxAct and 1040.com[5]. It is aimed at accountants and enrolled agents rather than business owners, but it is relevant to small businesses because many outsource their entity returns to small practices that use it.

For tax year 2026, Drake Tax Pro allows unlimited individual and business returns (or 250 returns on a lower tier) and lists a multi-user price of US$3,145 against a retail US$3,295[5]. Drake Tax 1040 covers individual returns, with business returns at US$74.99 each[5]. A desktop Pay-Per-Return package costs US$379.99 for ten individual returns, and the cloud product Drake Tax Online starts at US$299.99 including the first user, with additional users at US$99, individual returns at US$49.99 and business returns at US$74.99[5]. Every edition includes e-filing, multi-state filing, diagnostics and free US-based support by phone, email or chat[5].

Licences are annual, per physical site and EFIN, and practice-management tools such as client portals, workflow and e-signature are a separate bundle starting at US$599[5].

Drake Tax features

  • Individual and business returns
  • Desktop and cloud (Drake Tax Online)
  • Multi-state filing and diagnostics
  • Client billing and role-based access
  • Free US-based support
  • Free trial available

Drake Tax pricing

TY2026: Drake Tax Pro multi-user US$3,145 (retail US$3,295). Pay-Per-Return US$379.99 for 10 individual returns; extra individual US$49.99, business US$74.99. Drake Tax Online US$299.99 incl. first user; extra users US$99. Practice Essentials bundle from US$599.

Drake Tax strengths and limitations

Strengths

  • Unlimited-return licence option
  • Per-return pricing for small volumes
  • Support included at no charge

Limitations

  • Designed for preparers, not owners
  • Practice-management tools cost extra
  • Per-site licensing for desktop

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