How we make this list: we compare pricing pages, product documentation and public user reviews. Rankite is independent; if a vendor ever pays for a featured spot, that listing is clearly labeled Partner.
Key takeaways
- Holistiplan leads the advisor category with a 39% market share in the 2026 T3 survey and starts at $449 per year.
- FP Alpha is the premium AI-driven platform at $1,125 per month, covering 16+ planning domains beyond tax.
- Corvee is now part of Instead; use the current name when evaluating.
- Boldin (formerly NewRetirement) is the best individual option with a free basic plan and PlannerPlus at $144 per year.
- Bloomberg Tax serves firms and corporations that need research-grade accuracy with planning.
Quick comparison
| Tool | Best for | Starting price | Free plan |
|---|
 Holistiplan | advisor tax analysis at scale | From $449/year | No |
 FP Alpha | AI-driven advanced planning | From $1,125/month | No |
 Instead | strategy-based tax planning for firms | See website | No |
 Bloomberg Tax | research-grade corporate tax planning | See website | No |
 RightCapital | modern advisor financial planning | See website | 14-day free trial |
 eMoney Advisor | enterprise financial planning | See website | No |
 MoneyGuide | goals-based planning with tax module | See website | No |
 Boldin | DIY retirement and tax planning | From $144/year (PlannerPlus) | Yes (free basic Planner) |
Is your product missing or out of date?
We review this list regularly. Vendors can request a listing, send updated pricing or ask about featured placement.
The best tax planning software
Tax planning software earns its keep in December. A missed Roth conversion window, an unharvested loss, or a bracket miscalculation costs real money that no refund can recover. For advisors, the wrong tool means hours of manual return review per client and planning that happens once a year instead of all year. For individuals, it means guessing. The cost of getting this wrong is not the subscription; it is the tax you did not have to pay.
Starting priceFrom $449/year
Free planNo
Holistiplan is the category leader for financial advisors, holding a 39% market share in the 2026 T3/Inside Information software survey, the largest of any tax planning software for five consecutive years. Its OCR engine reads a client's tax return in under a minute, flags liabilities and opportunities, and models scenarios like Roth conversions, charitable giving, and tax-efficient withdrawals. More than 50,000 users now rely on it.
The honest catch is the audience. This is professional software for advisors, not a DIY tool. But for advisors who want year-round proactive planning instead of a once-a-year review, it is the industry standard for a reason.
What we like- OCR scans tax returns in seconds with actionable insights
- 39% market share in the 2026 T3 advisor survey
- Designed by CFP professionals for real workflows
Watch out for- Advisor-focused, not for individuals
- Advanced features need the full platform
Starting priceFrom $1,125/month
Free planNo
FP Alpha goes beyond tax into full advanced planning. Upload a client's tax return, will, trust, or insurance policy and the AI extracts the data, identifies insights across estate, tax, and insurance, and quantifies the value of advice in visual, white-label reports. The Tax Snapshot and Tax Projector handle multi-year federal and state projections with scenario comparisons.
The honest catch is the price: $1,125 per month puts it in a different tier from every other tool here. For firms selling comprehensive planning as a differentiator, the breadth justifies it; for pure tax analysis, Holistiplan costs far less.
What we like- AI reads tax returns, wills, trusts, and insurance policies
- Covers 16+ planning domains with visual reports
- Tax Projector models multi-year federal and state scenarios
Watch out for- The most expensive option on this list
- Overkill for firms that only need tax analysis
Starting priceSee website
Free planNo
Instead, formerly Corvee, is built for accounting firms that sell tax planning as a service. Its library of 1,500+ strategies spans deductions, entity structures, retirement planning, and international strategies, with multi-entity planning across 1040, 1120, 1120S, and 1065 returns. Smart questionnaires gather client inputs, and the output is a branded tax plan delivered in hours instead of days.
The honest catch is the transition. The Corvee-to-Instead rebrand is recent, so expect some confusion in reviews and documentation. For firms, though, the strategy-first approach is distinct from the return-analysis tools above.
What we like- 1,500+ tax strategies across all entity types
- Multi-entity planning in a single view
- Custom-branded client-ready tax plans
Watch out for- Firm-focused with no individual tier
- Rebrand from Corvee may confuse existing users
Starting priceSee website
Free planNo
Bloomberg Tax is the research-grade option: integrated tools for tax research, calculations, fixed asset management, and provision reporting, used by 87% of the top 100 accounting firms and 81% of Fortune 500 companies. Its Income Tax Planner offers projections and analytics backed by Bloomberg's tax expertise, with AI woven through the workflow products.
The honest catch is access. This is quote-priced professional software for firms and corporate tax departments, with nothing for individuals. For practices where accuracy must be defensible, it is the authority.
What we like- Trusted by 87% of the top 100 accounting firms
- Integrated research, calculations, and provision tools
- AI-powered with expert tax guidance
Watch out for- Enterprise pricing with no public figures
- Built for professionals, not individuals
Starting priceSee website
Free plan14-day free trial
RightCapital is the modern financial planning platform advisors actually enjoy using. Its Smart Tax Planning connects tax return data to the client's financial plan, uncovering savings and showing the impact of Roth conversions and tax-efficient withdrawals. Interactive retirement planning, insurance reviews, and client collaboration through a portal round out the package.
The honest catch is depth. Tax planning here is a module inside a broader planning platform, not the specialist focus of Holistiplan or FP Alpha. For advisors who want one modern platform covering planning with solid tax features, it fits well.
What we like- Intuitive planning with smart tax planning module
- Interactive retirement scenarios and stress tests
- 14-day free trial with no card games
Watch out for- Tax planning is one module, not the whole product
- Pricing not published
Starting priceSee website
Free planNo
eMoney Advisor is the enterprise-grade financial planning platform, supporting firms of all sizes including leading banks and broker-dealers. It handles everything from simple conversations to complex plans with Monte Carlo analysis, account aggregation, an interactive client portal, and a Decision Center for what-if planning. Tax planning sits inside a genuinely comprehensive toolkit.
The honest catch is scale. Pricing is quote-based and the platform is built for organizations, not solo advisors. For enterprises standardizing planning across many advisors, it is the proven choice.
What we like- Comprehensive planning from simple to complex cases
- Monte Carlo analysis and account aggregation
- Trusted by banks, broker-dealers, and RIAs
Watch out for- Enterprise pricing and sales process
- More platform than small firms need
Starting priceSee website
Free planNo
MoneyGuide, part of Envestnet, takes the goals-based approach: clients define needs, wants, and wishes, and the plan builds around them. The Play Zone's sliders let clients vary retirement age, savings, and goals to see the impact instantly, and the platform includes tax planning, Social Security optimization, and stress testing. A Dash version serves smaller clients.
The honest catch is modernity. The interface is less slick than RightCapital's, and pricing is not published. For advisors whose clients engage best with goals and visuals, the approach still works.
What we like- Goals-based planning clients understand
- Play Zone lets clients test variables interactively
- Part of Envestnet with deep integrations
Watch out for- Quote-only pricing
- Interface shows its age in places
Starting priceFrom $144/year (PlannerPlus)
Free planYes (free basic Planner)
Boldin, formerly NewRetirement, is the best tax planning software for individuals who want to do it themselves. The free basic Planner builds a personalized plan with what-if scenarios, and PlannerPlus at $144 per year adds Monte Carlo analysis, Roth conversion modeling, estate planning, and an AI assistant that answers from your actual plan data. State modeling, itemized deductions, and brackets are built in.
The honest catch is that you are the advisor. Independent reviewers have flagged quirks in current-year tax math, so treat it as a planning tool, not a filing tool. For individuals who want professional-grade planning without an advisor, nothing else comes close at this price.
What we like- Free basic plan with real planning power
- Roth conversion explorer and state tax modeling
- PlannerPlus at $144 per year is a bargain
Watch out for- DIY means you are the planner
- Current-year tax calculations have known quirks
How we chose
We compared eight tax planning tools in October 2026 using vendor homepages and documentation, plus advisor technology surveys and buyer discussions from financial planning publications. We prioritized tax-specific capabilities, scenario modeling depth, multi-year projections, pricing transparency, and fit for advisors versus individuals. No vendor paid for placement, and nothing here is based on hands-on product testing.
The market splits cleanly. Holistiplan, FP Alpha, Instead, Bloomberg Tax, RightCapital, eMoney, and MoneyGuide are professional tools for advisors and firms, priced from hundreds to thousands per year and sold through demos. Boldin is the consumer exception: a genuinely powerful planner individuals can use themselves.
Advisors should pick by practice model. Tax-focused advisors get the most from Holistiplan; comprehensive planners from FP Alpha or RightCapital; accounting firms selling planning from Instead; and corporate tax teams from Bloomberg Tax. Individuals should start with Boldin's free plan and only upgrade if the what-if modeling proves its worth.
Watch the rebrands
This category is consolidating. Corvee is now Instead, NewRetirement is now Boldin, and MoneyGuide sits inside Envestnet. When you research reviews and pricing, search both names: older articles and forum threads use the old ones, and the current vendor site uses the new.
The practical risk is small but real: bookmarks break, login pages move, and pricing pages get reorganized. If a link or a review references Corvee or NewRetirement, you are looking at Instead and Boldin. Verify the current name and URL before you buy.
Frequently asked questions
What is the best tax planning software for financial advisors?
Holistiplan leads the category with a 39% market share among advisors and starts at $449 per year. FP Alpha is the premium AI-driven option at $1,125 per month. RightCapital and MoneyGuide suit advisors who want tax planning inside broader financial planning.
What is the best tax planning software for individuals?
Boldin (formerly NewRetirement) is the best DIY option, with a free basic plan and PlannerPlus at $144 per year. It models Roth conversions, Social Security timing, state taxes, and spending scenarios.
How much does Holistiplan cost?
Holistiplan starts at $449 per year. It is sold to financial advisors and tax professionals, with pricing that scales by firm size and features.
What happened to Corvee tax planning software?
Corvee is now part of Instead. The product continues as Instead's tax planning software for accounting firms, with the same strategy library and planning tools under the new brand.
Is tax planning software different from tax preparation software?
Yes. Tax preparation software like TurboTax files your return for the year that already happened. Tax planning software models future scenarios, like Roth conversions or multi-year strategies, so you can reduce taxes before the year ends.
Can tax planning software replace a CPA?
For simple situations, DIY tools like Boldin handle a lot. But software cannot give legal or tax advice, interpret ambiguous rules, or represent you. Most people with businesses, equity compensation, or complex estates still benefit from a professional.
Sources we checked (10)
- https://holistiplan.com/
- https://fpalpha.com/
- https://corvee.com/
- https://pro.bloombergtax.com/
- https://rightcapital.com/
- https://emoneyadvisor.com/
- https://www.moneyguidepro.com/
- https://www.newretirement.com/
- https://www.boldin.com/retirement/plannerplus-price-increase-october-2026/
- https://sourceforge.net/software/tax-planning/india/
Is your product missing or out of date?
We review this list regularly. Vendors can request a listing, send updated pricing or ask about featured placement.
Shihab Mia · Founder, Rankite
Shihab has spent more than a decade helping SaaS and e-commerce brands grow through search. He writes Rankite's software buying guides from pricing pages, documentation and public user reviews. More about Shihab.