Drake Software

Overview

Drake Software is a United States-based company operating within the software industry, specifically focusing on financial software solutions. Established in 1977, the company has grown to employ between 501 and 1,000 individuals and reported revenue of approximately $136 million. Drake Software specializes in providing tax preparation software and resources aimed at enhancing the efficiency of tax professionals. Their published materials, such as the 2023 Desk Reference Guide, emphasize the importance of preparation for tax season, offering practical advice for tax preparers. This guide includes a preseason checklist that covers essential steps such as completing continuing professional education, renewing preparer tax identification numbers (PTIN), and ensuring that necessary software and office supplies are in place. Additionally, the guide addresses the importance of testing software compatibility and managing client communications effectively. Through these resources, Drake Software aims to support tax professionals in navigating the complexities of tax preparation and compliance.

Industry