Shlomi Lavi / Oct 12, 2022We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Drake Software is more expensive to implement (TCO) than TaxWise, and Drake Software is rated higher (86/100) than TaxWise (85/100). TaxWise offers users more features (7) than Drake Software (3).
Looking for the right Business tax solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Drake Software: For 37 years, Drake Software has provided tax professionals the tools they need to build their businesses and attract new clients. A steady focus on value, consistent excellence in federal and state programming, and free electronic filing makes Drake a smart choice for professional tax software.
CCH Small Firm Services.: At CCH Small Firm Services, we focus on the needs of small tax and accounting firms—businesses that generally have five or fewer employees. We also serve commercial tax preparers, with one office or sometimes hundreds of offices, who offer tax services in a retail environment similar to well-known national tax chains. And for 11 years, SFS has prov...
The real total cost of ownership (TCO) of Business tax software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Drake Software and TaxWise.
Drake Software price starts at $330 per year , On a scale between 1 to 10 Drake Software is rated 4, which is lower than the average cost of Business tax software. TaxWise price starts at $2,575 per license , When comparing TaxWise to its competitors, the software is rated 4 - lower than the average Business tax software cost.
Bottom line: Drake Software cost is around the same cost of TaxWise.
We've compared Drake Software Vs. TaxWise based on some of the most important and required Business tax features.
Drake Software: Data Import/Export, Basic Reports, Online Customer Support.
TaxWise: Estate/Trust/Retirement, Income Tax Prep, Investment and Rental Property, Limited Liability Company (LLC), Partnership.
Drake Software's typical customers include: Medium and large size businesses, Taxwise is suitable both for companies with complex taxing processes, mainly multi-branch enterprises, as well as smaller scale companies that need a fast accounting solution that addresses their needs.
starts at $330 per year
Drake software is a cloud-based and an on-premise professional tax management solution that is specifically made for small and medium-sized accounting firms. The solution enables the users to prepare any form o...
Compare Pricingstarts at $2,575 per license
Tax needs and complexity vary for every company. TaxWise is designed to streamline the tax filing process, and save the company time and costs by boasting a fully customizable package that caters attend to your...
Compare Pricing| ITQlick Score: | 86/100 |
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| ITQlick Rating: |
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| Pricing: | 4/10 - average cost |
| Category: | Business tax -> Drake Software review |
| Company: | Drake Software |
| Pricing: | starts at $330 per year |
| Typical customers: | Medium and large size businesses |
| Platforms: | Desktop |
| Links: | Drake Software review, Drake Software pricing, Drake Software alternatives |
| ITQlick Score: | 85/100 |
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| ITQlick Rating: |
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| Pricing: | 4/10 - average cost |
| Category: | Business tax -> TaxWise review |
| Company: | CCH Small Firm Services. |
| Pricing: | starts at $2,575 per license |
| Typical customers: | Small, medium and large size businesses |
| Platforms: | Desktop |
| Links: | TaxWise review, TaxWise pricing, TaxWise alternatives |
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.