# Drake Software

> Drake Software builds professional U.S. tax preparation software and connected tools for accounting practices. Its desktop and online products combine return preparation and e-filing with document exchange, signatures, workflow, payments, and optional automation. The company says more than 70,000 tax professionals nationwide use its software.

- **Founded:** 1977
- **Headquarters:** Franklin, United States
- **Founders:** Phil Drake (Founder and original software developer)
- **Products:** Drake Tax, Drake Tax Online, Drake Workflow, Drake Portals and Drake E-Sign, Drake Accounting
- **Notable:** Sold six software packages in its first commercial year, 1977., Company reports more than 70,000 tax professionals and more than 36 million federal and state returns processed., In the 2026 Journal of Accountancy survey, Drake Tax tied Lacerte at 4.4/5 overall and scored 4.2 for support quality and 4.3 for ease of obtaining support.

## Products & services

- **Drake Tax** — Windows-based professional individual and business return preparation, diagnostics, tax planning, and electronic filing. Sold through annual licenses and return-volume options.
- **Drake Tax Online** — Browser-based professional tax preparation using the Drake tax engine, with optional integrated Windows data entry for certain functions and return types.
- **Drake Workflow** — Connected return-status tracking, staff assignment, task management, and payment visibility.
- **Drake Portals and Drake E-Sign** — Client document exchange and electronic signatures connected with Drake preparation and workflow tools.
- **Drake Accounting** — Payroll, bookkeeping, accounts payable and receivable, and payroll-form generation and e-filing.
- **Drake Pay** — Integrated credit, debit, ACH, and payment-request capabilities for tax practices; processing fees apply.
- **GruntWorx integration** — Tax source-document organization and data extraction, with firm-led validation or U.S.-based professional verification depending on service.
- **Drake SmartExtract** — AI-assisted extraction from supported PDF tax documents; free beta for eligible desktop and online users preparing tax year 2025 returns, with preparer verification required.
- **Hosting on Rightworks** — Remote hosting of licensed desktop Drake software, charged separately from the software license.
- **Drake Audit Defense** — Post-filing assistance for eligible notices, audit inquiries, and tax-related identity theft beginning with enrolled tax year 2026 returns.

## Achievements

- Sold six software packages in its first commercial year, 1977.
- Company reports more than 70,000 tax professionals and more than 36 million federal and state returns processed.
- In the 2026 Journal of Accountancy survey, Drake Tax tied Lacerte at 4.4/5 overall and scored 4.2 for support quality and 4.3 for ease of obtaining support.

## Latest updates

- **2026-09** — The Journal of Accountancy published its 2026 tax software survey, including Drake Tax ratings and adoption among respondents.
- **2026-07** — SmartExtract AI document extraction launched in beta for Drake Tax Online; the current product page also lists desktop availability.
- **2026-07** — Drake introduced Audit Defense; coverage starts with eligible enrolled tax year 2026 returns.
- **2025-09** — Drake announced Tax Online and new workflow automation tools.

## Links

- Website: https://www.drakesoftware.com/
- LinkedIn: https://www.linkedin.com/company/drake-software
- Twitter/X: https://x.com/DrakeSoftware
- YouTube: https://www.youtube.com/@DrakeSoftware1
- Facebook: https://www.facebook.com/drakesoftware

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Profile page: https://yespress.io/drake-software
Published by YesPress — https://yespress.io
Last updated: 2026-10-16