Software Alternatives & Reviews

TokenTax VS Drake Tax

Compare TokenTax VS Drake Tax and see what are their differences

TokenTax logo TokenTax

Crypto taxes made easy. TurboTax for cryptocurrency.

Drake Tax logo Drake Tax

Look here first for tools and resources to get the most out of starting with Drake.
  • TokenTax Landing page
    Landing page //
    2023-05-07
  • Drake Tax Landing page
    Landing page //
    2023-08-06

TokenTax

Categories
  • Fintech
  • Crypto
  • Cryptocurrencies
  • Finance
Website tokentax.co
Pricing URL Official TokenTax Pricing

Drake Tax

Categories
  • Finance
  • Business & Commerce
  • Tax Preparation
  • Accounting
Website drakesoftware.com
Pricing URL-

TokenTax videos

How TokenTax works! Crypto Taxes in 2020

More videos:

  • Review - Automating Crypto Taxes And Harvesting Losses With Zac McClure TokenTax
  • Review - TokenTax: Cryptocurrency Taxes Made Easy

Drake Tax videos

Overview of a tax return done inside Drake tax software

Category Popularity

0-100% (relative to TokenTax and Drake Tax)
Fintech
100 100%
0% 0
Finance
30 30%
70% 70
Crypto
100 100%
0% 0
Accounting
0 0%
100% 100

User comments

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Reviews

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

TokenTax Reviews

14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
That being said, the interface is intuitive. You can integrate many exchanges with API keys. Besides, TokenTax also permits manual entry/CSV upload of transaction data.
Source: geekflare.com
15 Best Koinly Alternatives 2022
TokenTax is user-centered, and at every pricing tier, you get live chat support from its product experts, who are friendly, knowledgeable, and well-rounded.

Drake Tax Reviews

We have no reviews of Drake Tax yet.
Be the first one to post

Social recommendations and mentions

Based on our record, TokenTax seems to be more popular. It has been mentiond 23 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.

TokenTax mentions (23)

  • Anyone recommend decent transaction software for SmartBCH (US)?
    Have you checked out TokenTax? https://tokentax.co/. Source: about 2 years ago
  • Kucoin API & CSV records are missing transactions, tax authority requires complete tx record
    I hear https://tokentax.co/ has one of the better software based reconciliation programs. There are others but would be a good place to start. Source: about 2 years ago
  • Taxes
    I've heard good things about Token Tax but I haven't used them yet. You might want to check them out... https://tokentax.co/. Source: about 2 years ago
  • Tax software for tracking Celsius loans and locked collateral?
    You could try Taxbit.com, or tokentax.co. Not sure if they do what you need but just pointing out other services. Source: about 2 years ago
  • Online crypto tax tool compliant with NZ?
    I use https://zapper.fi alot and they are suggesting to use https://tokentax.co/ which I haven't tried yet. Source: about 2 years ago
View more

Drake Tax mentions (0)

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

What are some alternatives?

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

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

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.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

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.

Blockpit - Keep track of your crypto portfolio & taxes in one place

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