Drake Tax Software Review 2026: Know Latest Pricing, Features, Limitations & More

You all must have heard of Drake tax software; it is one of the most popular tax tools for small to medium-sized businesses. It helps CPAs, tax professionals, accountants, and firms streamline the entire tax workflow. With Drake tax you can prepare and file federal and state returns on the go. To take this further, users should read the Drake tax software review to learn what’s new in the tax software domain.

There are millions of users for Drake software, and it is evident because it makes preparing, processing, and filing taxes a cakewalk. They offer many features, such as expense tracking, tax preparation (Form 1040), payroll services, and more. Did you know? Drake processes over 35 million federal and state taxes per year. This massive feat shows how well Drake software streamlines workflow.

In this post, we will review the Drake tax software, including the latest pricing plans, features, and limitations.

A glimpse of how Drake taxation software looks. 

Key Features of Drake Tax Software

• Drake software is designed to boost speed and performance through quick, efficient data entry, easy navigation, and shortcuts. 
• The document management portal in Drake Tax software makes it easy to store documents digitally for information exchange and e-signature. It is also known as Drake portals. 
• Another major feature of the Drake platform is the comprehensive coverage of federal and state tax returns. You can either prepare and file one state or multiple state returns, along with federal returns, on the go. 
• Some of the in-house tools make Drake tools even more productive and valuable. For example, Drake Planner, Drake Quick Estimator, Dare Pay, and DoubleCheck. 
• Drake’s tax platform is praised for its quick customer support response, even during peak season. This makes them a trusted taxation platform. 
• The tax software ensures you get reliable, accurate, and real calculations for your filings. This ensures you do not miss or file inaccurate information. The tool is designed to ensure accuracy. 

Other Features at a Glance

Reviewing the Latest Pricing Plans of Drake Software 2026

Limitations of Drake Tax Software 2026

• One major limitation of reviewing Drake tax software is its outdated UI. It needs to get updated with a modernized look. 
• Getting your hands on the Drake software takes some time. A newcomer or novice may find it challenging to adapt to the software immediately. 
• A few users have reported inconsistencies and slowness when performing state returns. 
• Many users have reported that the Drake platform is tilted more toward a Windows-based desktop installation. However, a cloud hosting partner like Sagenext has made migration a cakewalk. 

Spilling Some Facts About Drake Software in 2026

• Over 64000 tax professionals and CPAs trust the tax software
• Over 36 million state and federal returns are filed annually
• Recognized as one of the best tax filing software by NATP and AICPA
• Smooth hosting of Drake tax software by Sagenext, offering 99.999% uptime server, 256-bit encryption, and HIPAA, SOC2 compliant data centers

Concluding Words

In conclusion, the Drake tax software review finds that it is professional tax preparation software designed for small- to midsize businesses that supports both federal and state returns. It seamlessly allows you to prepare and manage multiple clients from a single central portal. The software focuses on speed and accuracy. Key features include a data entry system, e-signature, flagging missing information, error detection, joint filing options, PDF sharing, and more.

Drake Tax includes tax-planning tools to help project future liabilities and develop strategies to reduce tax burdens. Users like you can create customizable client forms for clear communication. It integrates with Drake Documents, Planner, and Drake Portals, allowing secure file storage and document exchange. The platform supports preparing, viewing, and e-filing state returns across multiple jurisdictions. It offers competitive pricing plans across versions, but it also has limitations, like other tax software. 

FAQs (Frequently Asked Questions)

How much does Drake cost a year?

Drake software starts at $1795 per year and can increase as you opt for better versions and addons. There are cheaper versions starting at $349. 

What features does Drake Tax Software offer?

Some of the main features of Drake tax software are:

• Offering integrated e-signature options
• Seamless payment integration with Drake payments
• Smooth filing of federal and state returns on the go
• Secure PDF sharing with clients 
• Enhanced accounting and payroll features 

How much does the pay-per-return of the Drake software cost?

Pay-per-return of Drake tax software starts from $349 for up to 10 returns and additional returns at $42.99 each. 

Is Drake tax cloud-based?

Drak tax software is desktop-based and installed on local devices. However, if you want Drake tax software hosted on the cloud, then cloud hosting providers like Sagenext can offer affordable, secure, and reliable cloud migration. 

Who are the cloud hosting providers for Drake software?

There are many cloud hosting providers, but few reliable ones are Sagenext, Rightworks, and Verito.