Compare Drake Software and TurboTax - Apr 2022

Shlomi LaviShlomi Lavi / Apr 12, 2022

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Bottom Line: Which is Better - Drake Software or TurboTax?

Drake Software is more expensive to implement (TCO) than TurboTax, and TurboTax is rated higher (94/100) than Drake Software (86/100). TurboTax offers users more features (4) than Drake Software (3). There is a clear winner in this case and it is TurboTax!

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 Vs. Intuit

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.

Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile! 

Who is more expensive? Drake Software or TurboTax State?

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 TurboTax State.

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. TurboTax State price starts at $60 per license , When comparing TurboTax State to its competitors, the software is rated 2 - much lower than the average Business tax software cost.

Bottom line: Drake Software is more expensive than TurboTax State.

Which software includes more/better features?

We've compared Drake Software Vs. TurboTax based on some of the most important and required Business tax features.

Drake Software: Data Import/Export, Basic Reports, Online Customer Support.

TurboTax State: Business Owner / Self Employed, Income Tax Prep, Investment and Rental Property, Payroll/1099.

Target customer size

Drake Software's typical customers include: Medium and large size businesses, TurboTax State is suitable for anyone that file tax returns.



Drake Software

ITQlick rating
(4.9/5)

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...

Categories: Business tax.

TurboTax

ITQlick rating
(4/5)

starts at $60 per license

TurboTax is a cloud-based corporate tax solution designed to help the user receive their maximum tax refunds for State and Federal tax returns, and that targets small and medium-sized businesses.

Categories: Accounting & Finance, Business tax, Personal tax.

Compare specifications

Compare features

Drake Software: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

TurboTax State: 4 Features

Business Owner / Self Employed
Income Tax Prep
Investment and Rental Property
Payroll/1099
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Drake So...
ITQlick rating
4.9/5
Score
86/100
Pricing
5.8/10
License pricing
$330 per year
Functionality
4
Compare
TurboTax
ITQlick rating
4/5
Score
94/100
Pricing
3.6/10
License pricing
$60 per license
Functionality
7
GainsKeeper
ITQlick rating
3.4/5
Score
92/100
Pricing
6.4/10
License pricing
$69 per month
Functionality
7
ezTaxReturn
ITQlick rating
3.8/5
Score
91/100
Pricing
6.6/10
License pricing
$19.95 per license
Functionality
10
TurboTax...
ITQlick rating
3.9/5
Score
91/100
Pricing
5.6/10
License pricing
$170 per license
Functionality
4

Auditor - Shlomi Lavi

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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.