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What is Lacerte?

Tackle even the most complex tax returns with confidence and efficiency. Serve a wide variety of clients by handling multistate filings, K-1 forms, consolidated corporations, and other intricate details with ease. The software enables the completion of crucial forms, including 1040, 1041, 1065, 1120, 1120S, 706, 709, 990, and 5500. Boost both precision and productivity through automated features that assist with calculations for depreciation, amortization, and debt forgiveness, among others. You can quickly access relevant guidance with just a click, ensuring that your workflow is consistently smooth. Speed up data entry processes with easy access to all forms, complemented by an intuitive worksheet-based design. Effortlessly track any pending client information and submit requests online with a single click, which can save you an estimated 23 minutes. Facilitate the automatic importation of tax data for partnerships, S-Corps, and fiduciary returns directly into individual filings or across business returns, leading to an impressive average time savings of 29 minutes. Depend on advanced diagnostics that automatically detect errors or omissions, providing an extra layer of confidence in your work. By taking this thorough approach, not only is the tax preparation process simplified, but it also significantly improves your overall service delivery to clients, resulting in higher satisfaction rates. This efficiency allows you to focus more on building relationships and less on administrative tasks.

What is Drake Tax?

Drake Tax is equipped with a multitude of features that are specifically designed to enhance the efficiency of tax return preparation and processing for your clientele. This enables you to focus on what truly matters—building relationships with clients and growing your business. With Drake Tax, every facet of return preparation can be accelerated, ensuring that both the calculation outcomes and a detailed overview of the return are easily accessible with just a click. You can also designate items within any text field, checkbox, or tax form amount as verified, flagged for review, or marked for additional scrutiny. Should any details regarding a confirmed item change, the DoubleCheck feature will swiftly notify you for further inspection. Additionally, the software includes shortcut keys and macros, which streamline the data entry procedure, thereby minimizing the number of keystrokes needed. It also promotes a seamless transfer of data between federal, state, and city returns, while offering override options when necessary. State and city returns can be generated on demand, automatically considering taxes paid to other jurisdictions as well. Moreover, Drake Tax simplifies the process by auto-filling information based on ZIP Code and EIN entries, resulting in increased accuracy and efficiency during tax preparation. Altogether, these features make Drake Tax an essential resource for tax professionals striving to enhance their productivity and service quality. It not only saves time but also reduces the chances of errors, making it a reliable choice for any tax practice.

Media

Media

Integrations Supported

Cloud 9 Hosting
Cloudwalks
Rightworks
Sagenext
SmartVault
Soraban
StanfordTax
TaxDome
Truss
Verito
Ace Cloud Hosting
BigTime
Cloudnine Realtime
EasyACCT
EstateWorks
Intuit Practice Management
SafeSend

Integrations Supported

Cloud 9 Hosting
Cloudwalks
Rightworks
Sagenext
SmartVault
Soraban
StanfordTax
TaxDome
Truss
Verito
Doc.It by IRIS
UltimateTax

API Availability

API Availability

Pricing Information

$400 per year
Free Trial Offered?

Pricing Information

$330.00

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Intuit

Date Founded

1983

Company Location

United States

Company Website

proconnect.intuit.com/lacerte/

Company Facts

Organization Name

Drake Software

Date Founded

1977

Company Location

United States

Company Website

www.drakesoftware.com

Categories and Features

Corporate Tax

Not specified

Tax Planning

Not specified

Tax Preparation

Not specified

Categories and Features

Corporate Tax

Data Import / Export
Data Verification
Electronic Filing
Exception Notification
Tax Planning

Tax Planning

Not specified

Tax Practice Management

Billing & Invoicing
Scenario Planning
Tax Filing
Tax Forms

Tax Preparation

Not specified

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