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Drake Tax vs Taxprep Comparison (2026)

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Good recommendations?

Drake Tax logo

Drake Tax

Taxprep logo

Taxprep

Overview

Drake Tax is a tax management software designed to help small to midsize accounting businesses manage returns for clients via a unified portal. It includes shortcut keys and macros, which enables tax professionals to streamline data entry operations.

TaxPrep is a cloud-based tax preparation software system for small businesses. It helps companies with data entry, diagnostics, audit reviews, quality assurance and more.

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Video & Screenshots

Pricing

Starting from

349.99

One-time payment

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

Starting from

1

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

User reviews

3.8

116

5

4

3

2

1

57

20

13

8

18

  • Value for money
  • Ease of use
  • Features
  • Customer support
62%
would recommend this app

4.6

215

5

4

3

2

1

140

65

9

1

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
79%
would recommend this app

Pros

“There is no relationship manager, if you have an issue you have to call, give the info again, wait for a call back etc. While Drake works well generally, I suggest ensuring you ask a lot of questions before listening to sales to proceed. ”
MP

Marie P.

Tax Preparer

“The ability for the software to update clients from prior years is a particularly useful feature and saves us a lot of time.”
BC

Bernie C.

CEO

“Drake helps us optimize the time spent on each return because the built in compliance features and warnings gives us confidence that we are thorough with each return. ”
MJ

Maribeth J.

Income Tax Return Preparation Coordinator

Pros

“RELIABILITY AND ACCURACY.”
RN

Raj N.

C.A, , C.P.A

“We process a multitude of tax returns for both personal and corporate. ”
ET

Eric T.

CEO / Director

“TaxPrep iFirm is integrated with the iFirm Client mgmt, Time & Billing software, which allows us to update client information once, in one location, instead of in multiple data bases, and locations. ”
CY

Collin Y.

Sole Practictioner

Cons

“Year‑over‑year hikes of this size don’t reflect the value delivered, especially when many features remain unchanged.”
IT

Ion T.

CEO

“I am OK to deal with occasional (but painful) software hang-ups, but I hope they rethink this approach, because it’s pushing long‑time users away.”
IT

Ion T.

CEO

“New forms and tax law changes are shoe-horned in on screens like pimples on a face.”
RB

Robert B.

Preparer

Cons

“The TaxPrep letters are harder to modify and I do not like the use of "federal return" when all of my clients only file federal returns. ”
JS

Janice S.

Consultant

“Sometimes changes are made to the product that negatively impact workflow and efficiency, it seems like they were not tested in an office environment”
AJ

Adrian J.

CEO

“The delay to be able to print paper filed returns like Sec 216 every year is unreasonable.”
GG

Gary G.

CPA

  • Vendor responds to reviews
  • Last review3 months ago
  • Vendor responds to reviews
  • Last review2 years ago

Key features

  • Total features19
  • API
  • Access Controls/Permissions
  • Accounting
  • Activity Tracking
  • Alerts/Notifications
  • Billing & Invoicing
  • Client Management
  • Client Portal
  • Compliance Management
  • Corporate/Business
  • Data Import/Export
  • Data Verification
  • Document Management
  • Electronic Filing
  • Exception Notification
  • For Accountants
  • For Nonprofits
  • For Tax Practices
  • K-1 Reporting
  • Multi-Currency
  • Payroll & Employer Forms
  • Status Tracking
  • Task Management
  • Tax Calculation
  • Tax Compliance
  • Tax Filing
  • Tax Forms
  • Tax Management
  • Tax Planning
  • Total features22
  • API
  • Access Controls/Permissions
  • Accounting
  • Activity Tracking
  • Alerts/Notifications
  • Billing & Invoicing
  • Client Management
  • Client Portal
  • Compliance Management
  • Corporate/Business
  • Data Import/Export
  • Data Verification
  • Document Management
  • Electronic Filing
  • Exception Notification
  • For Accountants
  • For Nonprofits
  • For Tax Practices
  • K-1 Reporting
  • Multi-Currency
  • Payroll & Employer Forms
  • Status Tracking
  • Task Management
  • Tax Calculation
  • Tax Compliance
  • Tax Filing
  • Tax Forms
  • Tax Management
  • Tax Planning

Integrations

  • Total integrationsN/A
    • Total integrationsN/A

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