Compare Drake Tax Software vs. FreshBooks

We are here to simplify the whole process of assessing Tax Software products for you. In particular, on this page you can examine the overall performance of FreshBooks (9.8) and compare it with the overall performance of Drake Tax Software (8.6). It's also possible to match their overall user satisfaction rating: FreshBooks (99%) vs. Drake Tax Software (N/A%). Similarly, study their services thoroughly to find out which product can better tackle your company’s requirements. Generally, any B2B software has to let you to immediately see the big picture, at the same time offering you quick access to the details. In the event you want to quickly find the more reliable Accounting Software according to our experts we advise you check out the following solutions: Zoho Books, FreshBooks, Xero.

Drake Tax Software




Drake Tax Software screenshot FreshBooks screenshot
Pricing Details

Our Score

Our Score

8.6 ?

Our Score

9.8 ?

Client Satisfaction

Client Satisfaction

Client Satisfaction

N/A% ?

Client Satisfaction

99% ?





Price Scheme

Price Scheme

One-time payment | Quote-based Monthly payment | Annual Subscription
Complete Review

Complete Review

Product Info

Product Info

A professional tax software for accounting firms and tax practitioners; offering features that allow them to automatically calculate federal and state tax returns.
FreshBooks is the winner of our 2017 Best Accounting Software Award. It is a great cloud accounting app for small business that makes billing easy and effective.
Quick Links
Pricing Plans

Pricing Plans

Drake Tax offers two enterprise pricing plans for users to choose from. Here are the details:

Drake Unlimited Version 

  • $1395
  • Unlimited Returns
  • All Tax Packages, Federal, and State
  • All E-Filing, Federal, and State

     Bundled Software

  • DrakeCWU
  • Drake Documents
  • Drake Tax Planner

     Additional Features

  • Free Online Training
  • Free Support

Drake Pay-Per-Return Version

  • $300
  • 15 Returns
    • Additional Returns Are $20 Each
    • Can Convert To Unlimited After 85 Retrurns
  • All Tax Packages, Federal, and State
  • All E-Filing, Federal, and State

    Bundled Software

  • DrakeCWU (Available For $295)
  • Drake Documents
  • Drake Tax Planner

     Additional Features

  • Free Online Training
  • Free Support

FreshBooks offers a flexible SMB and enterprise pricing scheme where plans are tailored to suit the needs of every business or small accounting team. What is more, the company offers a 30-day free trial where you can examine the features prior to choosing the most suitable plan. The difference between plans depends on the number of active clients you intend to bill, while functionalities remain the same allowing you to:

  • Customize and send unlimited invoices
  • Invoice status tracking and updates
  • Automatic late payment reminders and fees
  • Easily accept online credit card payments
  • Easily add and categorize expenses
  • Track your time by project and clients
  • Clear and simple reports and dashboards
  • Work on any device – computer, tablet or mobile
  • Data that’s 100% secured and automatically backed up

These are the pricing details for each available plan:

Lite – $15/month

  • Bill up to 5 active clients

Plus – $25/month

  • Bill up to 50 active clients

Premium – $50/month

  • Bill up to 500 active clients

Note that the company also offers discounts for annual payment.

OS Supported

OS Supported

Customer Types

Customer Types

Large Enterprises | Medium Business Small Business | Freelancers
Supported Integrations

Supported Integrations

Drake Tax Software supports integration with GruntWorx, a web-based tax automation and organization solution.

FreshBooks integrates with the following business systems and applications:

  • Google Apps for Work
  • Gusto
  • OneSaas
  • Shopify
  • Stripe
  • Capsule
  • Acuity Scheduling
  • hurdlr
  • You don’t need a CRM!
  • Yalla
  • 123 Form Builder
  • Revamp CRM
  • EazyBI
  • Zapier
  • HubSpot
  • Braintree
  • Solve
  • Zendesk
  • LiveChat
  • Automatic
  • MileIQ
  • ReceiptBank
  • Xpenditure
  • Wufoo
  • MailChimp
  • PayPal
  • Basecamp
  • Citrix Podio
  • Bidsketch
  • Proposify
  • Blacktimer
  • Chrometa
  • ChronoMate
  • Hours
  • toggl
  • Avalara TrustFile
  • RightSignature
Contact Address

Contact Address

235 East Palmer Street
Franklin, NC 28734
35 Golden Avenue, Suite 105
Toronto, ON M6R 2J5


USA, UK, Canada, International, Spain USA, UK, Canada, International, China, Germany, India, Japan, Spain, France, Russia, Italy, Dutch, Portugal, Polish, Turkish, Swedish
Contact Email

Contact Email
Available Features

Available Features

Drake Tax Software FEATURES

  • Calculation Results
  • Calculation Error Messages
  • Calculation Notes Messages
  • Organized Return Viewing
  • Import W-2s and K-1s Using 2D Barcode Scanner
  • Schedule D (Form 1040) Import
  • K-1 Tax Infomation Export
  • 8165 Tax Information Export
  • Taxpayer Forms in Spanish
  • Multi-State Returns
  • Shortcut Keys and Macros
  • Automatic Data Flow
  • Tax Planner
  • Compare Taxes Year to Year
  • Return Archiving
  • Amortization Schedules
  • Quick Estimator
  • E-Filing
  • PIN and Consent Screens
  • Drake E-Sign
  • Attach PDFs to Returns
  • E-File States with Federal Return or Separately


Online Invoicing
  • Customizing your invoice
  • Tracking Invoice Views
  • Puting Business on Auto-Pilot
  • Getting paid with deposits
  • Getting paid with credit cards
  • Customizing due dates
  • Quick discounts
  • Estimates
  • Online Payments
  • Late Payment Fees
  • Recurring Invoices & Auto Payment
  • Multi Currency & Multi Language
  • Client Portal
  • Late Payment Reminders
  • Sales Taxes
  • Client Credit
  • Track Offline Payments
  • Send Emails or Snail Mail
  • Automated Tax Circulations
  • Invoice Previews
  • Knowing when the customer has seen the invoice
Expense Tracking
  • Automatic expense import
  • Snaps
  • Tracking spending per project
  • Remember vendors
  • Tax friendly categories
  • Easy-to-read categorization
  • Attach receipts (PDF or Image)
  • Expense Report Filters
  • File import
  • Recurring Expenses
  • Assign & Rebill Expenses
Time Tracking
  • Timer
  • Team timesheets
  • Clear breakdown of the day
  • Tracking against clients and projects
  • Detailed Time entry notes
  • Automated bills for tracked hours per project
  • Project Managers
  • Track Unbilled Time
  • Different Rates for each Project
  • Generate Invoices
  • Sharing images and files
  • Collaborating with clients, contractors, and employees
  • Project due dates
  • Centralized conversations
  • Current Project overviews
  • MasterCard, Visa, and American Express
  • Quick bank deposits
  • Automatically recorded payments
  • Fees recorded as expenses
  • Single-click setup
  • Safe & secure
  • Simple payment experience
Accounting Reports & Taxes
  • Accounts Aging
  • Profit & Loss
  • Balance Sheet
  • Expense Reports
  • Item Sales
  • Sales Tax
  • Export to CSV or Excel
  • Invoice Details Reports
  • Accounts Aging Reports
  • Filters for report customization
  • Summary of outstanding revenue
  • Clear spending breakdowns
Types of Support

Types of Support

Phone Live Support
Ticket Training
Phone Live Support
Ticket Training
Contact Phone

Contact Phone

+1-800-890-9500 +1-866-303-6061
Pricing Details

Pricing Details

Learn more about Drake Tax Software pricing Learn more about FreshBooks pricing
Prominent Customers

Prominent Customers

No available information. Chocosol, Giant Robot Engine, InfluAds, Mimic Interactive
Product Comparisons

Product Comparisons

Compare with inDinero
Compare with Taxify
Compare with OLT OnLine Taxes
Compare with TaxRaahi TDS
Compare with CS Professional Suite
Compare with CFS TaxTools
Compare with QuickBooks Online
Compare with Genius Software
Compare with Jackson Hewitt
Compare with Vertex O Series
Compare with Paybooks
Compare with Spire
Compare with Paychex
Compare with Access Dimensions
Compare with SimpleTax
Compare with Invoice Home
Compare with ChargeOver
Compare with Tradogram
Compare with CFS TaxTools
Compare with CompanyMileage
Popular Alternatives

Popular Alternatives



Page last modified

The products examined on this page are only a sliver of our entire Tax Software category and you should remember that there might be more reliable services available. If you would like to guarantee you make the optimal decision for your business we strongly encourage you to analyze more apps first. You may also want to study our top 10 Tax Software list to find out which apps are currently the highest-rated ones and dominate the market.