Drake tax software vs lacerte

The ultimate list and comparison of best tax software solutions. Drake tax vs proconnect tax online 2020 feature and pricing. Prosystem fx tax from cch, lacerte from intuit, and ultratax cs from thompson reuters. If there are errors in the calculation of returns, users can quickly identify and correct them. Compare atx vs drake tax software 2020 financesonline.

When it comes to professional tax software, there are three packages that make up the vast majority of professional use. The tax preparers are always confused regarding which software to use for filing their tax returns. Here is a comparison of tax software available in the market that will help. Our software is comparable to other large efile software suites such as drake, taxslayer, proseries, lacerte, intuit, crosslink, etc and with our conversion utility, you can seamlessly carryforward your clients 2012 tax information into your new software for 20. Having used lacerte, prosystem fx, and now drake, i agree completely. Likewise, atx and drake tax software have a user satisfaction rating of na% and na%, respectively, which shows the general response they get from customers. Drake s free efiling is going to save me quite a bit of nickleanddime expenses in the future.

Intuit link a portal that makes it easy for your clients to deliver their tax data to you in a timely, personalized, and organized way. When you come to drake, bring your clients prior year tax returns with you with our. For tax preparation software, drake software retained the highest ratings for value for cost and customer support, but lost the highest overall rating to ultratax cs and atx. Drake software vs lacerte software strives to provide consumers with the right information to make informed purchasing decisions. Conversions drake software professional tax software.

For the highend tax software, i can print out various forms to compare and reconcile and still miss returns not filed or not gone through. Best i have seen for a tax program even during tax season. For 37 years, drake software has provided tax professionals the tools they need to build their businesses and attract new clients. As in past years, most of the more than 3,500 respondents to the 2018 tax software survey used seven products, in order of prevalence. Being able to override most things in drake is a real advantage. As a company, drake software was first marketed in 1977. One rate i was wondering if someone who has used both could advise me as to pros and cons.

Drake tax vs proconnect tax online 2020 feature and. Aug 08, 2012 you will find many discussions about lacerte vs drake in the practice managementbusiness growth forum, which includes tax software as one of its primary discussion topics. In recent years, there has been a substantial gap between the two most important featuresease of use and accuracyand the remaining features for tax preparation software. Drake tax software is available directly through drake tax.

I am an ea and am considering switching from pro series to. Moreover, they have detailed online help for almost all input screens, and the search feature and drill down from tax form entry back to. At one of the seminars i attended, there was a lady in her 50th tax season and had left atx for drake, she was happy with support and was adapting to the software, if she can so can you. Sep 03, 2009 certifed proadvisor thomas bouse, owner of north county tax, discusses features of lacerte professional tax software compared to other programs.

Proseries and lacerte are taxpreparation software packages designed for professional tax preparers. They should change the name of the software to simply drake, or drake simple. Based on an intuit survey of lacerte customers conducted in september 2018, in comparison to their previous method for preparing returns. Tax preparation software and bank products page 12. Drake software is designed for small and mediumsized accounting firms. Proseries intuit to help a business enterprise in making the right decision. Secure client file exchange portals for your practice, so you and your client can exchange confidential tax documents securely and conveniently. The tool should support the processes, workflows, reports and needs that matter to your team. Lacerte also offers digital organizers that accountants can email to clients. Compare taxslayer vs drake tax software 2020 financesonline. If you have even slightly aboveaverage software user skills, you will not need training for ut, just some handson practice.

With lacerte, i spent a lot of time trying to figure out how to override the wrong result being shown on the return. Despite the decrease in the average overall rating for all tax preparation software packages, the average ratings of all features were higher than 3. Continuing a trend drake software, which has an actual market share of about 10% of the tax software market, won overwhelmingly. Certifed proadvisor thomas bouse, owner of north county tax, discusses features of lacerte professional tax software compared to other programs. Nov 01, 2016 i am an ea and am considering switching from pro series to drake software. This discussion refers to lacerte s old way of dealing with smllcs. Other tax software programs also integrate with client portals drakes. Jun 03, 2011 but on the bright side, since i purchased the drake software last month, i have been able to file 2009 returns using their software, rather than resorting to the lacerte rep fees. We can also convert your data for you, free of charge. Professional tax preparation software intuit lacerte. Every eacpaquality professional tax software has obscure checkboxes which are only obscure until you find out where they are. You will find many discussions about lacerte vs drake in the practice managementbusiness growth forum, which includes tax software as one of its primary discussion topics. Jan 18, 2019 for the highend tax software, i can print out various forms to compare and reconcile and still miss returns not filed or not gone through. In addition, you can compare their pros and cons feature by feature, including their offered terms and rates.

Despite their overall enthusiasm for the product, however, drake users were unhappy about its integration, or lack of it, with other software 18% and tax research not. Ill add links if i have a a minute later but youll probably also find them if you scan page 1 of that index for the word drake, and i. Ultratax cs, lacerte, cch prosystem fx, drake, proseries, atx, and cch axcess tax. You can suppress it by selecting the option suppress sdi worksheet only individual at setup options. Drake does provide additional training resources, both free and additional cost. It will probably take some time for a lacerte user to adapt to drake, so an investment in training will be required beyond the 12 free practice returns provided by drake. Data importexport, basic reports, online customer support. Part ii, foreign taxes paid or accrued 398 1116, conversion rate. This is my second and will be my last year using proconnect tax online. The withholding amounts for california disability insurance indicated by the codes below should be entered on screen w2 in the box 19 local tax, and the codes should be selected from the drop list for box 20 locality. Lacerte pricing and tax planning packages intuit proconnect. When you become a drake customer, you can bring your clients prioryear tax returns with you with our free data converter tools and conversion service. Ca sdi, casdi disability withholding w2 drake software. Select the states tab and select ca from the drop list.

Proseries tax preparation software and lacerte tax software have emerged as a boon for tax preparers. Save time and money by automating data entry, investment trades, and. Even better, talk to a current customer of the software and ask for. When it comes to professional tax software, there are many choices. Thinking about switching to drake software drake atx. Ultratax cs, lacerte, cch prosystem fx, drake, proseries, atx. Despite their overall enthusiasm for the product, however, drake users were unhappy about its integration, or lack of it, with other software 18% and tax research not being included in the package 22%. I have used it for four years, i have never been on hold for tech support. Drake software is an allinone professional tax software that gives tax professionals and accountants the tools they need to prepare personal, business, state and federal tax returns. Proseries and lacerte are tax preparation software packages designed for professional tax preparers. Drake accounting is a groundup rebuild of drake software s accountingpayroll application using the latest in computer technology.

Drake accounting is a groundup rebuild of drake softwares accountingpayroll application using the latest in computer technology. Ultra tax cs had the highest rating on this feature 4. If you have not set up a user account, you must sign in with your efin and efile password. Lacerte tax maintained the highest rating for ease of use, but in 2016 had to share the distinction with intuit proseries. Most conversions can be completed in a few simple steps. I am an ea and am considering switching from pro series to drake software. Drake shone in its users appreciation of its support 24. In 2018, lacerte tax was rated highest for ease of use, with drake software and atx close behind. Drakes free efiling is going to save me quite a bit of nickleanddime expenses in the future. For example, here it is possible to match taxslayers overall score of 8.

When consulting with support to assist with software and program issues, they give incorrect advice which does not align with the tax laws. But on the bright side, since i purchased the drake software last month, i have been able to file 2009 returns using their software, rather than resorting to the lacerte rep fees. Proseries basic 50 based on some of the most important and required business tax features. We also have proconnect tax online, a cloudbased solution for the professional tax preparer. Despite the decrease in the average overall rating for all tax preparation software packages, the average ratings of. According to the results, 52% of the positive ratings went to cch prosystem fx 52 ratings, lacerte tax 39. 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. We have also used prior year drake software for older returns since they give you access to the software. It do think lacerte s table of contents way of displaying input screens is useful, especially for the novice user. Im also biased, but im going to give you an unbiased answer. We also have proconnect tax online, a cloudbased solution for the professional tax preparer if you prepare tax returns for a fee and want to use intuit software, consider proseries, lacerte, or proconnect tax online, as the license agreement for turbotax prohibits its use for commercial. Users of three products, lacerte, cch prosystem fx, and ultratax cs, formed. Drake software and lacerte tax both showed declines in customer support ratings, while ratings for the other providers did not change relative to 2015.

Drake has the best customer service in the tax business, and is the most affordable professional tax software on the market. A payasyougo option thats perfect for preparing a lower volume of individual, state and business returns. You can also examine their general user satisfaction. Most people who use one regularly swear by it, and most people who have switched away from a particular package will swear at it. My pro series pgm includes all states all types returns. What tax software is better for 2019 tax season 2018. If you are a new customer, your efile password was included in the email confirming your purchase. Drake software vs proseries basic 50 comparison itqlick. Lacerte tax software is professional tax software for small and midsize financial practices. Proservies vs lacerte vs intuit tax online key features comparison key feature comparison ito basic ito pro proseries basic proseries professional lacerte 1040 forms with schedules and calculations x x x x x deep diagnostics to help you locate errors, omissions, and questionable entries x x x x x integrated electronic. Drake is about the cost for a program that covers reported all different returns.

If you prepare tax returns for a fee and want to use intuit software, consider proseries, lacerte, or. Ca minimum franchise tax, corporations and scorporations. Drake tax software tutorial 2019 how to prepare income tax returns. This is due to an active base of customers who support the product. After the first year i had numerous softwarerelated problems and struggled with inadequate and untrained software support.

These amounts also can be entered in box 14 other, but there is no drop list to choose from the code must be entered manually. As in previous years, drake users registered their approval of the product more specifically as well, giving it the highest average rating for most. Drake tax from drake software is wellsuited for small to midsized accounting firms that process both individual and business taxes for clients. Jan 21, 20 im also biased, but im going to give you an unbiased answer. To help you evaluate this, weve compared drake software vs. The software also allows users to analyze multiple tax years, comparing taxes from year to year. Overall ratings were slightly higher than average for drake and ultratax cs. Consolidated corp 1060, 1120, benefit 5500, 1041, 1065, 1120s, estate 706, gift 709, exempt 990 multistate support. It rapidly grew from a family tax practice into a national brand by providing tax professionals with. For example, atx and drake tax software are scored at 7. When autoplay is enabled, a suggested video will automatically play.

Drake tax is a great software that is affordable and really easy to use. Ive been in the tax business over 30 years and this was my best tax season ever. Compare drake tax vs lacerte headtohead across pricing, user satisfaction, and features, using data from actual users. Software support personnel are not provided with any training related to tax law or basic tax return preparation, which makes for a frustrating experience as a tax professional. Drake users gave it the highest overall favorability rating 4. Last but not the least, the software allows them to efile federal and state returns.

Includes over 5,700 of the most complicated forms for individuals and businesses. Download the data converter program at support you can find available programs by choosing conversions from the resources menu. On average, customers saved 43 minutes a complex return and 23 minutes on a simple return. Also, how long does it take to get competent on new software.