Drake Software Adds AI Tools for Tax Professionals in 2026
Drake Software is expanding native AI features for the 2026 tax season, targeting document extraction and client intake workflows.
Drake Software, a professional tax preparation platform headquartered in Franklin, N.C., announced an expansion of native artificial intelligence capabilities ahead of the 2026 tax season, the company said Thursday.
The new features center on three areas: AI-powered tax document extraction, an overhauled client intake process, and an in-workflow AI Assistant designed to reduce manual tasks for tax professionals. The company said the tools are built directly into existing workflows rather than bolted on as separate applications.
Read more Golden 1 Credit Union Lands Spot on TIME's Best Companies List →
The stated goal is to free tax preparers from time-consuming data entry and document handling, allowing them to redirect effort toward client advisory work. Automated document extraction in particular has been a persistent bottleneck for professional tax firms during peak filing periods.
Drake Software positions the update as a response to growing demand among tax professionals for integrated AI tools that do not require switching between platforms. The in-workflow Assistant aims to provide guidance without interrupting a preparer's existing process.
The expansion signals a broader trend of tax software vendors embedding AI natively into their products rather than offering standalone add-ons, as competition in the professional tax software market intensifies heading into the new filing year. Continue reading at All Financial Services & Investing.
