Canopy vs Drake Tax: what each really costs
Team size
Billing
Canopy
No plan for this billing option
No paid plan to compare for this billing option.
Drake Tax
No plan for this billing option
No paid plan to compare for this billing option.
| 10 people | Canopy | Drake Tax |
|---|---|---|
| Entry paid plan | No plan for this billing option | No plan for this billing option |
| Vendor price | ||
| Monthly cost | ||
| Annual cost | ||
| Per user / year | ||
| Billing commitment | Not recorded | Not recorded |
| Minimum seats | None stated | None stated |
| Free plan | No free plan listed | No free plan listed |
| Free trial | Not stated | Not stated |
Calculated by SpecEntry from official vendor prices. Taxes and optional add-ons are not included. Open each product page for every plan and the official source.
Canopy vs Drake Tax: features
Key features as each vendor lists them. A feature missing from a list does not mean the product lacks it.
Canopy
- Single-login practice hubManage clients, documents, billing, intake and communication from one login.
- Automated task handoffsTriggers handoffs and task reassignments when a project status changes.
- AI email draftingDrafts context-aware client emails and messages inside your inbox.
- AI history summariesSummarizes client histories and conversation threads into internal notes.
- AI review queueStaff can review and approve AI-drafted items before they execute.
- Smart document requestsFinds missing information from prior-year work and suggests request lists.
- Document auto-matchingUploaded documents are matched to the correct engagement.
- Time to invoiceLogged time flows directly into the invoice.
Source:getcanopy.com ·
Drake Tax
- Return diagnosticsRuns hundreds of diagnostics and validation rules to check accuracy.
- Customizable setupCustomize letters, data entry screens and program options.
- Data importImport W-2, 4562, 8949, K-1 forms and year-end balances.
- All state returnsGenerate any state return without add-on modules.
- Prior-year dataAccess prior-year data and trace calculations to their sources.
- Drake Tax PlannerAnalyze tax scenarios and compare filing options.
- Return overviewSee errors, fees and e-file eligibility at a glance.
- Custom print setsCustomize print sets, print to PDF and add notes.
Source:drakesoftware.com/products/drake-tax ·
Canopy vs Drake Tax pricing questions
How much do Canopy and Drake Tax cost?
Canopy paid plans start at $74 user/month, billed annually (Standard). Drake Tax paid plans start at $299.99 tax year 2026, first user included (Drake Tax Online).