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Authored by William joe

Why do you Need Drake Tax Accounting Software?

Dealing with taxes is a complex task, and the tax season brings an immense burden on businesses and working professionals to efficiently manage the same. But, utilizing the right tax preparation software can turn this seemingly worst chore of the year into a bit more manageable task.

There are many tax software available in the market, but Drake Software has proved to be one of the most trending and widely-utilized tax software because of its comprehensive product excellence. Nationwide, more than 59,000 tax professionals use Drake, and each year, it processes more than 33 million federal and state accepted returns.

Why do you Need Drake Tax Accounting Software? Drake Tax is a robust, reliable, and user-friendly software application for tax preparers and professionals who appeal to customers in small and medium markets. It outruns various other tax software because of its customizable reporting, which provides in-depth details regarding different areas of business operations.

Apart from impeccable tax preparation services, it also incorporates a module that provides an overall view of the health and efficiency of your client’s business. Its other distinguishing features include:

Individual or joint tax filing Overall audit support Optimum savings and loan calculator Easy and efficient process of filing returns E-file taxes With a few clicks, Quick Estimator shows the return due

Top Useful Features of Drake Software

  1. Drake Documents: If you are tired of managing all the paper documents in your office, Drake Documents can help you out as it provides safe and secure electronic storage. All your tax-related documents can be easily stored here, saving you the hassle and cost of storing them in paper form.

  2. Drake Tax Planner: It is one of the most prominent features of Drake Tax Software, which helps the tax preparers to plan the client’s taxes for the season. Using this feature, you can easily compare your current tax situation with various scenarios like fluctuation in income, buying an asset, marriage, etc.

  3. Data Restore and Backup: For any tax process, the client’s data is very crucial and must be handled with utmost caution. Drake provides multiple features like ‘Automatic Backup’ that help the tax preparers to safeguard customer data. It also provides a Restore feature that lets you specify the location from where you want the data to be restored.

To know more about QuickBooks for Payroll or QuickBooks Cloud Accounting visit Apps4Rent.

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