Drake Software

    OverviewSuggest Edit

    Drake Software is a company that provides professional tax preparation software and tools as well as supports tax professionals' needs. It offers space for organizing documents, data converters, a portal for exchanging confidential documents. The software allows users to prepare various tax returns, including personal or business and federal or state, helps create work-papers directly from PDFdocuments with TicTie Calculate.
    TypePrivate
    Founded1977
    HQFranklin, NC, US
    Websitedrakesoftware.com
    Employee Ratings3
    Overall CultureC+

    Recent NewsAll News

    Latest Updates

    Employees (est.) (Sept 2021)422(+2%)
    Cybersecurity ratingCMore
    Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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    Key People/Management at Drake Software

    Phil Drake

    Phil Drake

    Chief Executive Officer
    Suzanne Vanderpool

    Suzanne Vanderpool

    Chief Compliance Officer
    Jami Gibson

    Jami Gibson

    Vice President, Internal Operations
    Jennifer Dills

    Jennifer Dills

    Vice President of Finance
    Alan Keling

    Alan Keling

    Vice President Customer Service
    Paul Martin

    Paul Martin

    Vice President Human Resources
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    Drake Software Office Locations

    Drake Software has offices in Franklin, Nashville, Hayesville, Sylva and in 1 other location
    Franklin, NC, US (HQ)
    235 E Palmer St
    Nashville, TN, US
    Antioch
    Show all (5)

    Drake Software Financials and Metrics

    Summary Metrics

    Founding Date

    1977

    Time since last funding

    8 months ago

    Drake Software investors

    Show all financial metrics

    Drake Software Operating Metrics

    Drake Software's Users was reported to be 64 k in Jul, 2021.
    Jul, 2021

    Federal and State Accepted Returns Processed Annually

    33 m

    Products

    14

    Users

    64 k
    Show all operating metrics

    Drake Software Acquisitions / Subsidiaries

    Company NameDateDeal Size
    GruntWorx LLC

    Drake Software Cybersecurity Score

    Cybersecurity ratingPremium dataset

    C

    79/100

    SecurityScorecard logo

    Drake Software Online and Social Media Presence

    Embed Graph

    Drake Software Company Culture

    • Overall Culture

      C+

      68/100

    • CEO Rating

      A+

      84/100

    • Compensation

      B

      74/100

    Learn more on Comparably

    Drake Software Blogs

    Families Can Still Get the Advance Child Tax Credit

    Millions of American families have been taking advantage of the advance payments of the Child Tax Credit, but the Internal Revenue Service stresses there’s still time left to sign up for the remaining payments. The latest batch of the monthly advance payments is now making its way into the bank acco…

    Tax Forum Seminars Available Online

    Tax professionals looking for a source of continuing education that satisfies the IRS requirements don’t have far to look. The Internal Revenue Service has posted 18 new seminars online, recorded during the 2021 Nationwide Tax Forum, on their site, IRS Nationwide Tax Forums Online. The new self-stud…

    Advance Child Tax Credit for "Non-Traditional Families"

    The Internal Revenue Service this week told "non-traditional families" that they could also qualify for advance payments of the Child Tax Credit. Family representatives, the IRS urges, should check their eligibility, whether they are parents, grandparents, foster parents or someone who’s caring for …

    Time to Check Withholding

    The last part of the year is traditionally a good time for taxpayers to check their withholding levels for the upcoming new year. That's why the Internal Revenue Service recently issued a friendly reminder. With 2021 going by like a runaway train, it’s easy to just let withholdings slide, thinking w…

    Custody and the Advance Child Tax Credit

    Millions of families have been receiving monthly advance payments of the Child Tax Credit. Provided by the American Rescue Plan that was passed earlier this year, these payments have been going to eligible households since July. As with any tax-related change, taxpayers have understandably had quest…

    IRS Announces New Seminars at Tax Forums

    Everyone likes more choices nowadays, and the Internal Revenue Service is set to deliver. They’re serving up a batch of new self-study seminars for tax professionals. Eighteen new seminars—recorded in July and August as part of the 2021 Nationwide Tax Forum - are now available through the IRS Nation…
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    Drake Software Frequently Asked Questions

    • When was Drake Software founded?

      Drake Software was founded in 1977.

    • Who are Drake Software key executives?

      Drake Software's key executives are Phil Drake, Suzanne Vanderpool and Jami Gibson.

    • How many employees does Drake Software have?

      Drake Software has 422 employees.

    • Who are Drake Software competitors?

      Competitors of Drake Software include TurboTax, Bloomberg Tax and Accounting and Canopy Tax.

    • Where is Drake Software headquarters?

      Drake Software headquarters is located at 235 E Palmer St, Franklin.

    • Where are Drake Software offices?

      Drake Software has offices in Franklin, Nashville, Hayesville, Sylva and in 1 other location.

    • How many offices does Drake Software have?

      Drake Software has 5 offices.