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Drake Tax VS BearTax

Compare Drake Tax VS BearTax and see what are their differences

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Drake Tax logo Drake Tax

Look here first for tools and resources to get the most out of starting with Drake.

BearTax logo BearTax

Calculate and file crypto taxes in simple and easy steps 💸
  • Drake Tax Landing page
    Landing page //
    2023-08-06
  • BearTax Landing page
    Landing page //
    2019-02-12

Drake Tax videos

+ Add

Overview of a tax return done inside Drake tax software

BearTax videos

+ Add

BearTax Demo - Cryptocurrency Tax Calculation

More videos:

  • Demo - BearTax Demo
  • Review - BearTax CPA Cryptocurrency Tax Suite [Demo]

Category Popularity

0-100% (relative to Drake Tax and BearTax)

Drake Tax

BearTax

Finance
100 100%
Finance
0% 0
Fintech
0 0%
Fintech
100% 100
Accounting
78 78%
Accounting
22% 22
Crypto
0 0%
Crypto
100% 100

User comments

Share your experience with using Drake Tax and BearTax. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Drake Tax and BearTax

Drake Tax Reviews

We have no reviews of Drake Tax yet.
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BearTax Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
Bear.Tax offers users a quick & easy tax filing and computing software that’s designed for the US market, yet is usable in other countries as well. The platform was designed to ensure compatibility with traders, accountants, fund managers, and other forms of cryptocurrency investors. 50+ exchange support, fairly-advantageous pricing plans, automation, and 24/7 customer...
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
BearTax works with FIFO and LIFO systems of reporting. One can upload entries and preview the capital gain/loss without paying anything.
Source: geekflare.com

Social recommendations and mentions

Based on our record, BearTax seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Drake Tax mentions (0)

We have not tracked any mentions of Drake Tax yet. Tracking of Drake Tax recommendations started around Mar 2021.

BearTax mentions (3)

  • Cointracker 8949 and Dashboard not matching
    Cointracker sucks, tried them, cointracking, koinly, bear.tax and all...I ended up using Accointing.com. Source: about 2 years ago
  • Freaking out over crypto taxes
    You are not alone! This happens to everyone. You need a tax automation software that can connect to exchanges and bring the data. I generally use Beartax, as they support Japanese Yen and can support tax period for Japan. Source: over 2 years ago
  • What's the best website to import transactions for tax purposes? I have crypto all over the place and I would really like a platform that just allows me to upload the csv and it handles the rest.
    People were talking up bear.tax a few years ago but I found it wasn't quite fit for purpose for Australian exchanges but they let you do quite a lot for free. They've hopefully improved since then so could be worth a look. Source: about 3 years ago

What are some alternatives?

When comparing Drake Tax and BearTax, you can also consider the following products

GoSystem Tax RS - GoSystem Tax RS has unmatched web-based tax processing power, is scalable to needs, and is available in a secure online environment.

Koinly - Koinly is the easiest way to monitor your crypto activity & file your taxes.

CCH - CCH is an all-in-one cloud tax preparing software CCH, providing support for tax filing, tax planning, and tax saving services.

Accointing - A crypto tax tool with a portfolio tracking platform

UltraTax CS - UltraTax CS is an all-in-one professional tax preparation software that works in a streamlined fashion with work papers and provides seamless document management.

TokenTax - Crypto taxes made easy. TurboTax for cryptocurrency.

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