Drake News

Drake Wins 5 Categories in 2022 CPA Practice Advisor Readers’ Choice Awards

April 1, 2022

We made it to April. The filing deadline looms large as procrastinating taxpayers across the country are finally scrambling to get their tax documents together. But it’s not just the home stretch for filing season; this is the month that CPA Practice Advisor usually releases the results of their annual survey: The Readers’ Choice Awards.

Every year, CPA Practice Advisor surveys their readers to learn what they thought about the software and hardware they used in the previous year. With a regular turnout numbering in the thousands, this survey has been a reliable indicator of tax professionals’ satisfaction with their chosen products.

Drake Software products win the same categories as last year

Consistency drives success. For tax professionals, that means having software solutions they can trust to deliver accurate results, compare complex tax scenarios at a glance, manage mountains of client documents, streamline compliance workflow, and facilitate seamless remote communication and document transfer. And once again, respondents to CPA Practice Advisor’s survey voted Drake Software products the winner in five key categories.

Tax Preparation Software

Drake Tax took first place for Tax Preparation Software, a category that CPA Practice Advisor has historically noted receives the most votes. That makes sense: tax and accounting firms need reliable professional tax preparation software—especially during filing season. Highlighting our commitment to providing customers with industry-leading value, we have implemented hundreds of enhancements to our flagship product over the last decade.

Tax Planning Systems

Drake Tax Planner received the most votes for Tax Planning Systems, underscoring how important it is for accountants to quickly compare clients’ current tax situation to a variety of scenarios. In years defined by pandemic-response legislation that creates temporary tax credit advances and business loan programs, it’s more important than ever to have an effective tax planning solution.   

1099/W-2 Preparation

Drake Accounting once again took the 1099/W-2 Preparation category. Respondents voted our comprehensive professional accounting program the best solution for accountants who need to prepare Forms 1099 and W-2 every year. On-the-fly forms processing, batch payroll processing, multi-location payroll, and graphical drill-down reports are just a few features that make compliance easier.

Document Management and Storage

Drake Documents, the document management and storage system that serves as the communications hub for Drake Tax, won the Document Management and Storage category. Efficient management of client documents is essential to tax-prep workflow, and critical features like administrative-level file activity tracking, preset default descriptions for scanned documents, backup utility, and integration with Drake Portals make it easy.

Client Portals for Firms

Drake Portals, our client-file exchange and contactless workflow platform, won Client Portals for Firms. Providing a custom-branded, mobile-friendly, secure website, you can easily send and receive the documents needed to prepare tax returns. Drake Portals also supports instant messaging, remote signature collection, and accepting online payments. 

How do I learn more about Drake Software products?

Visit the product pages for Drake Tax, Drake Accounting, Drake Documents, and Drake Portals to learn more about this year’s winners:

•  DrakeSoftware.com/Products/Drake-Tax
•  DrakeSoftware.com/Products/Drake-Accounting
•  DrakeSoftware.com/Products/Drake-Documents
•  DrakeSoftware.com/Products/Drake-Portals

Source: CPA Practice Advisor 2022 Readers’ Choice Awards