Skip to main content
Compare

TaxOwl Pro vs Drake Tax

If you’re a solo or small-firm tax preparer comparing TaxOwl Pro and Drake Tax, here’s the honest breakdown — features, pricing, and what each is best for.

Quick verdict: Drake is the established mid-market workhorse with deep features for high-volume firms. TaxOwl Pro is the flat-fee disruptor for solo and side-hustle preparers who want predictable cost and don’t need every advanced feature on day one. Pick TaxOwl Pro if you’re starting out or scaling up your first 100 returns. Pick Drake if you’re already filing 500+ returns/year and need their deeper integrations.

Side-by-side

Drake TaxTaxOwl Pro
Starting price$1,395 (Drake Tax 1040)$649 flat
Pricing modelPer-tier license, optional pay-per-returnFlat fee, unlimited returns
Federal 1040
All states
Business returns (1120, 1120-S, 1065)
E-file included
Bank products (refund transfers)
Cloud-basedDrake Hosted (extra cost)Native cloud, included
Mobile-friendly client intakeLimited (DrakePortals add-on)Built-in entity-specific organizers
Integrated preparer dashboard + portalAdd-onIncluded (TaxOwl Hub)
Training & onboarding libraryDrake CPE add-onIncluded (TaxOwl Academy, inside the Hub)
Unlimited support (toll-free phone) (email + ticket)
Year of records includedCurrent + prior at extra cost3 years included
Best for firm size5-50 preparers, 500+ returns/yr1-3 preparers, under 300 returns/yr
Bonus: Tax Wire weekly insightsIncluded

Where Drake wins

  • Depth of integrations — Drake’s been around since 1977. Their integrations with bookkeeping, document management, and audit-defense partners are deep and battle-tested.
  • High-volume firms — if you’re filing 1,000+ returns a year, Drake’s per-return optimizations matter. TaxOwl Pro doesn’t try to compete in that segment.
  • Phone support — Drake’s toll-free phone support during tax season is famously responsive. Our support is email/ticket-based with same-business-day response, which works for most solos but may not match Drake for an emergency at 11pm on April 14.

Where TaxOwl Pro wins

  • Cost structure — $649 flat vs $1,395+ Drake start = ~50% cost reduction in year 1, more in years 2+ if you also avoid pay-per-return charges.
  • Cloud-native — no Drake Hosted upcharge, no on-prem server to maintain, works from anywhere on day 1.
  • Modern client experience — entity-specific web organizers (Individual, Sole Prop, S-Corp, LLC, Partnership, Estate) are built-in. Your clients fill out only the questions that apply to their situation.
  • Predictable cost — every return increases your margin instead of your cost. Critical when you’re growing through 50, 100, 200 returns and don’t want to do the math on each one.
  • Bonus content — every Pro subscription includes The Tax Wire weekly insights for tax professionals (IRS updates, software tips, practice management).

Switching from Drake to TaxOwl Pro?

Most solo preparers switch over the off-season (May-November). Your prior-year Drake data exports cleanly to industry-standard formats, and we walk you through the migration. Contact us for a switch-cost estimate.

Try TaxOwl Pro

Flat $649 for the season. Unlimited returns. Cancel before tax season starts and we’ll refund you in full.

Get started →