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Top Features Of Drake Tax Software Infographic

12 Useful Drake Software Drake Software Features You Are Not Using Drake Software is a complete tax software solution for filing federal and state returns, be it individuals and businesses. Well suited for small and medium-sized businesses, it has features that will help you to prepare and process tax returns efficiently and quickly. Moreover, it can even be integrated with the accounting software to enhance its functionalities. DrakeSoftware WIDDA According To Journal Of Accountancy The customer The overall 98.3% support rating for the tax software is rating of the tax software is of the tax software 4.5/5 4.6/5 users recommended Drake Tax Software. 12 Useful Drake Software Features Double Check You can mark checkboxes or text with a yellow box, green check, or red flag in the tax form so that you can keep LinkBacks track of all the verified information. You can locate the forms, schedules, and worksheets by a right-click, which will take you directly to the documents you need. 4G 123 LookBack You can easily find and see the data from the previous year on your current screen without opening both the versions of the software. Amortization You can calculate the loan amount by filling the required details like loan amount, loan period, payments per year, annual interest, and clicking on the Calculate button. 50 ПD D Import You can import all the clients' broker statements in the Excel format using 8949 import tools provided in the Drake software. Printing Labels You can print client's labels and choose among the types of labels such as Names, ID, Tax Year, Address, and even create custom labels. 080 ぷる Hide Screen You can easily find and see the data from the previous year on your current screen without opening both the versions of the software. Side By Side Comparison You and your clients can see the impact of new tax laws on the returns with side-by-side columns comparing the totals of the previous year with the current year. 10 Multi-factor Authentication You have a multi-factor authentication option for e-filing to enhance the security of the tax filing process. Drill-down Reports You can double click on the elements in the report and get the detailed breakdown of that particular figure. 11 12 Graphic Reporting You can present your raw data to the clients using graphical charts alongside the data to easily communicate the client's financial situation. Research Tool You can get the complete information regarding the latest tax changes by clicking on the research button on the toolbar. There are many features of Drake software, which make it an efficient tax solution. However, the other aspect which affects the tax software efficiency is the platform on which it is hosted. Hosting Drake Tax on the cloud can help you access tax data any time and anywhere while eliminating the hassle of purchasing and maintaining hardware for your tax firms. Sources: Ace Cloud Hosting 2019 Tax Software Survey: Journal Of Accountancy Top 10 Useful Features of Drake Software: Ace Cloud Hosting II

Top Features Of Drake Tax Software Infographic

shared by aditi90 on Apr 24
Know the top features of Drake Tax Software so that you can simplify your tax process and improve your tax filing process.




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