Building tools to make filing taxes easier
Innovation at Taxwell isn’t about adding features, it’s about removing friction.
This page tracks how that philosophy comes to life across Drake Software®, TaxAct®, 1040.com, and DrakeCPE. It’s a resource for partners and media to follow our product direction and the technology behind it.
We focus on three things: making taxes simpler, supporting customers when they need help, and giving them confidence they’ve done it right. Every release and milestone here reflects that commitment, and the systems we’re building to scale it.
Taxwell builds tax technology for two distinct markets: the millions of individuals who file their own returns, and the thousands of professional preparers who file on behalf of clients. Across both, the company’s product philosophy is the same: reduce friction, increase accuracy, and meet filers where they are.
Product development sits at the center of Taxwell’s long-term strategy. The company continues to invest in platform modernization, data intelligence, and AI-assisted workflows across its portfolio of brands.
What drives product development at Taxwell
Tax law changes every year. Filing behavior evolves. The tools professionals and consumers rely on have to keep pace with both. Taxwell’s product teams operate under a principle of forward progress: each tax season is an opportunity to remove a step, close a gap, or solve a problem that filers and preparers have lived with for too long.
The company’s four values shape how product work gets done. Taxwell prioritizes performance in every release, measuring outcomes against filer accuracy, completion rates, and support volume. Fearless perseverance guides investment in longer-horizon projects, including infrastructure modernization that doesn’t always produce visible short-term features but compounds in reliability and speed over time. Forward progress and build partnerships shape how Taxwell’s engineering and product teams collaborate internally and with third-party integrators.
Latest releases
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Introducing TaxAct AI SmartFile
SmartFile is an AI-assisted experience designed to help customers navigate their return, answer questions, handle documents, and move forward with confidence.
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Introducing TaxAct AI SmartFile
SmartFile is an AI-assisted experience designed to help customers navigate their return, answer questions, handle documents, and move forward with confidence.
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Introducing TaxAct AI SmartFile
SmartFile is an AI-assisted experience designed to help customers navigate their return, answer questions, handle documents, and move forward with confidence.