Not just any venture capitalists -- these are based in Europe. No one had a problem when CCH/Walter Clueless moved to the Netherlands, so sharing client data with a company in Not-So-Great Britain may not raise any eyebrows. But what if the Chinese want to buy a share?
Not sure if Drake is a fair comparison with Lacerte.
Drake is, no doubt, a capable software if you know what you are doing and don't mind rolling up your sleeves to do some number crunching.
Lacerte has more sophisticated tax logic built in so that more of what you do is automated and that translates to productivity in terms of return preparation and review, especially those that are more complex.
Just my two-cents.
Still an AllStar
That's interesting. I have always thought of Lacerte as the software for people with the training and experience to know what they are doing with complex returns, and Drake as the software for those just progressing beyond the Five Easy Pieces (or 1040-A's) in the HRB course final exam. It's scary to think of Lacerte users as just trusting the software and not understanding what they are signing. But maybe that's why Lacerte is getting more "tech" support calls than they expected (are they really tech questions, or mostly tax questions?) and Drake answers on the first ring.
Think what you will....Drake requires some honkey work arounds sometimes but the software works and if it doesn't you can override things to make it work. There is nothing that can't be done in Drake that you can't do in CSTax or any other software I've used. I've found calculation errors in CSTax, UltraTax and some in Drake. It's just software that assists you. However for someone to pay as much as the person above pays and to have no support? That is unacceptable.