# Page 2 | Tax Clarity Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Page 2 - Is Tax Clarity the right Financial Services solution for you? Explore 63 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/203728/Tax-Clarity/reviews --- Tax Clarity 4.4 (63) [View alternatives](https://www.capterra.com/p/203728/Tax-Clarity/alternatives/) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated March 13th, 2026 # Page 2 - Reviews of Tax Clarity ## Showing most helpful reviews Showing 26-50 of 63 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use MK Mike K. Financial Advisor Financial Services Used the software for: 6-12 months ### "Outstanding Value-Add for Clients" July 15, 2020 5.0 Tax Clarity has added tremendous value for my clients. It gives me one more valuable thing to do in a quarterly meeting rather than just discussing investments. Helping clients save money on taxes makes sense, and it's good planning. Pros If you do true wealth management or comprehensive financial planning, tax planning is critical. Too many advisors shy away from it or resort to the "check with your CPA" hokum. Most CPAs are trying to help clients minimize taxes today. This software enables you to find ways to help clients minimize taxes over their lifetime - something most CPAs don't do. It helps identify optimal strategies to realize capital gains, do Roth conversions, and more. More importantly, it produces client-friendly reports that help clients visualize the concepts. They also have a great client-facing presentation. Cons There is a bit of a learning curve understanding how to read the Tax Map. Also, when clients have certain income or expenses, in some cases the software doesn't recognize it. However, with the constant improvements, this may have changed already. Reason for choosing Tax Clarity Pricing and simplicity. Review Source Response from Covisum July 31, 2020 Hi Mike, At Covisum, we take great pride in developing quality software that can help financial advisors easily add value to their clients' retirement strategies. We are happy to hear that your experience was no exception, thanks for leaving the wonderful review! If you have any friends looking for financial planning software please send them our way - we'll take great care of them. -Lauren TB Timothy B. Advisor Financial Services Used the software for: 2+ years ### "Review" August 5, 2021 4.0 I do a lot of ROTH conversions so I like to do the side by side with them. The clients like the reports and the system is relatively easy to use. Pros Easy to use. Works for most but not all clients. Clients understand it when I show them the report etc.. Cons IT doesn't work for many of my (IE) Business owner clients. It also doesn't let items like the $300.00 deduction be entered so the report is wrong for most people for 2021. Reason for choosing Tax Clarity Ease of use Review Source Response from Covisum August 25, 2021 Hi Timothy, Thanks for leaving a review of Tax Clarity. It's great to hear that you're using the software to demonstrate the impact of Roth conversions. I'll pass long your note about business owner clients and the deduction to our software development team. We appreciate the feedback. -Lauren DP David P. Owner Insurance Used the software for: 2+ years ### "My experience with Tax Clarity" July 2, 2020 5.0 I specialize in income planning for retirees, which includes tax planning, so it is a great resource to help them know how much income to access from different sources, especially from qualified plans. Pros The software is very accurate when calculating taxes. Only takes a few minutes to enter the information and the printouts are easy to read. Cons I think an option for calculating self employment taxes would be beneficial. Reason for choosing Tax Clarity I don't remember for sure, but I believe it was recommended to me. Review Source Response from Covisum December 4, 2020 Hi David, Thanks for reviewing Tax Clarity. We're happy to hear that the software has been a great resource for your retirement income planning practice. We appreciate your feedback. -Lauren MS Mike S. Founder Financial Services Used the software for: 2+ years ### "The orginal version is better than the current. " July 2, 2020 4.0 Tax clarity makes it easy for clients to understand the ramifications of their decisions. Pros I actually like the older version better than the current one. The new version isn't as intuitive or easy to use. Cons The new version lacks the simplistic nature of the original. You had a good tool and degraded it with your newer version. Review Source Response from Covisum December 4, 2020 Hi Mike, Thanks for reviewing Tax Clarity. We're sorry to hear that you haven't found the updated version easy to use. As a Tax Clarity subscriber, you get free unlimited access to our expert support team. They would be happy to do some additional training on the new platform if you'd find it helpful. You can reach them at help@covisum.com or 402-235-4500. -Lauren RL Ryan L. Investment advisor Financial Services Used the software for: 1-2 years ### "things to consider" August 4, 2021 3.0 It is an easier software to use and it can be beneficial for client facing information Pros It is pretty easy to use and convey the results to clients Cons It would be nice to be able to just upload the tax return and the software would input the information. I would also like it to give suggestions on how to reduce taxes or consider Roth Conversions, etc. Reason for choosing Tax Clarity I bought both because they offer different things Review Source Response from Covisum August 9, 2021 Hi Ryan, Thanks for taking the time to leave a review of Tax Clarity. We're thrilled you've found the software helpful and easy to use. I've passed along your suggestion about a tax return upload feature and tax technique suggestion feature to our software development team. Your feedback helps us determine what to include in our software upgrades. We appreciate it. Thanks, Lauren RL Richard L. President / Owner Financial Services Used the software for: 2+ years ### "Know Where You Stand" July 10, 2020 5.0 Pros This software has allowed me a quick, accurate, and understandable illustration of my client's tax liability that is easily sharable. Being able to run "What If" scenarios is key to retirement income planning. When it comes to your Social Security, no one what's to give a large portion of that back to Uncle Sam. Cons I haven't found anything negative about the software. Review Source Response from Covisum August 12, 2020 Hi Richard, We're thrilled you enjoyed the multiple scenario feature in Tax Clarity. We like making our customers happy at Covisum! Thanks for leaving the positive review. -Lauren MG Michelle G. Investment Advisor Financial Services Used the software for: 2+ years ### "It sells me to every client I meet. It is the one thing no one else is doing and makes sense." July 14, 2020 5.0 Support staff is awesome! They actually answer the phone. Pros Integration was easy. It helps break down the tax confusion and massively helps understand how a Roth conversion or distribution makes sense. Cons Nothing it is a great complement to other software. Review Source Response from Covisum July 31, 2020 Hi Michelle, Thanks for taking the time to mention how Tax Clarity has helped you show clients the value you add. It's for people like you that we do what we do! If you have any friends looking for financial planning software, please send them our way - we'll take great care of them. Thanks again for leaving this great feedback. -Lauren RL Roy L. President & CCO Financial Services Used the software for: 1-2 years ### "Tax Clarity makes me better at what I do!" July 7, 2020 4.0 Overall, I consider it a very valuable tool in our tech stack. The client facing materials make it very easy to show the client why we are suggesting potential strategies and they are on board quickly as a result. Pros Tax Clarity has certainly added another dimension to my practice. As I specialize in retirement, I can quickly and easily load tax information into their software and determine the impact of different sources of income as well as identify potential opportunities for Roth conversions. Cons The only reason I wouldn't give it 5 stars is the output which often illustrates various spikes in tax rates. The software does not identify what combinations of income produced the spike and you are left to your own devices figure out why as well as try an explain it to the client. Very time consuming and often it goes unanswered. Review Source Response from Covisum November 11, 2020 Hi Roy, Thanks for taking the time to review Tax Clarity. We're so happy to hear that the software has become an integral part of your practice. We love that you're using the software to find opportunities for Roth conversions. Thanks for your feedback. -Lauren JY Jacob Y. Financial Planner Financial Services Used the software for: 2+ years ### "Great Product for financial planning" July 7, 2020 5.0 I highly recommended it to Financial Planners that want to give more than investment advice. Pros This helps my determine how to help my client reduce their tax bill both now and in the future saving them thousands and helping me justify my fees. Cons This program is great at showing the tax problems, but does not show solutions to the tax problems. Review Source Response from Covisum October 12, 2020 Hi Jacob, Thanks for leaving a review of Tax Clarity. We're so happy to hear that the software has allowed you to provide additional value to your clients. We really appreciate your feedback. -Lauren YE Yuerg E. CEO Financial Services Used the software for: 2+ years ### "Indispensable too., You can't do your job as a fiduciary without this software!" July 7, 2020 5.0 Besides our full retirement plans the most important tool for our firm. If you are a true fiduciary you can't offer advice with a good conscience to clients without knowing tax-ramifications to solutions offered. This software delivers. Pros Easy set up for new clients, pdf reports are excellent. Cons There should be multiple scenarios savable. Review Source Response from Covisum September 8, 2020 Hi Yuerg, Thanks for leaving a review of Tax Clarity. I'm glad to hear you've found the software easy to use and the pdfs helpful. Your feedback is incredibly valuable, and we appreciate you taking the time to share your thoughts. -Lauren DA David A. President Financial Services Used the software for: 2+ years ### "My thoughts on tax Clarity" July 14, 2020 5.0 Love it, it has really helped grow my practice. Pros The ability to show them their tax map, it really helps clients understand their marginal tax rate Cons The new interface, we were used to the previous version Review Source Response from Covisum August 3, 2020 Hi David, Thanks for taking the time to review Tax Clarity. I'm so glad that the software has helped you grow your practice! It's for people like you that we do what we do! If you have any friends looking for financial planning software, please send them our way - we'll take great care of them. -Lauren JN Jeremy N. Advisor Financial Services Used the software for: 2+ years ### "A very expensive tax estimator" July 7, 2020 2.0 paid for years but rarely use. for what it is, seems like it should be a free app. Pros useful calculations. inputting the data is fairly intuitive. Cons cost. clunky. output print is not great. trying to reuse client data in future years doesn't work. try to find resources to help on website is incredibly difficult. Review Source Response from Covisum August 25, 2020 Hi Jeremy, We're so sorry that your experience did not match your expectations. Please help us to improve by providing more information on your experience. We can be reached at help@covisum.com or 402.235.4500. JC James C. Partner Financial Services Used the software for: 1-2 years ### "Intricate part of our business" July 10, 2020 4.0 Pros The ability to be able to quickly and easily enter a client's specific data and get immediate results about where they are currently in the tax code and where they might run into potential pitfalls is invaluable to our company and our clients. Cons As far as I know, there is no way to project taxes into the future or give multiple tax scenarios. That is something I would like to be able to see in the software. Review Source Response from Covisum August 13, 2020 Hi James, Thanks for taking the time to leave a review of Tax Clarity. We're so glad that you've found the software helpful. Your feedback is greatly appreciated. -Lauren BC Brad C. Investment Advisor Investment Management Used the software for: 2+ years ### "Tax Clarity in my business" July 10, 2020 4.0 Overall I like it, but it did make a mistake on self employment tax. I called in and the person I spoke with verified the software needed fixed on this issue Pros This product has been helpful working with clients on various tax strategies and financial moves. I plan to keep this as part of our practice. Cons The new software does not give the % change of tax like the old one did. You can run side by side comparisons, but on the old one I could make a quick change and see the direct impact of that move. I miss that feature. Review Source Response from Covisum August 17, 2020 Hi Brad, Thanks for taking the time to leave a review of Tax Clarity. I'm glad you've found the software helpful for demonstrating the value of different financial planning strategies. I'll pass along your feature request to our software development team and see what we can do. Your feedback is greatly appreciated. -Lauren WB Wendell B. Principal Financial Services Used the software for: 6-12 months ### "The Power to Help" July 2, 2020 4.0 I use this with every financial plan I prepare for a client. Pros Tax Clarity gives me, as an advisor, the ability to show people in graphic form how their financial decisions impact their income taxes. It is brilliant! It makes it easy for clients to understand complex tax rules and the impact those rules have on their personal finances. Cons It can be challenging doing all the data entry, it would be nice if it followed the 1040 tax forms a little more. Reason for choosing Tax Clarity I am not aware of another product that does what Tax Clarity does. Review Source Response from Covisum December 4, 2020 Hi Wendell, Thanks for leaving a review of Tax Clarity. We are thrilled that the software has made it easier to show clients the tax-impact of their financial decisions. That's why we're here! Thanks for your feedback. -Lauren CW Cris W. President Financial Services Used the software for: 2+ years ### "Tax Software for Financial Advisors" July 9, 2020 4.0 For my business, it works well and provides me with the information needed to be able to help a client with Roth conversions, MAGI for Roth contributions, and a basic overview of their tax situation. Pros The software is quick and easy to use. It provides an advisor with a quick way to give a client a ballpark look at their effective and marginal tax rates. It's also helpful with Roth Conversions and MAGI numbers for knowing when a client can make Roth IRA contributions. Cons The software seems to lack the depth of a full blown tax software- i.e. rental property Review Source Response from Covisum August 19, 2020 Hi Cris, Thanks for taking the time to leave a review of Tax Clarity. We're glad you've found the software helpful for making Roth conversions. We really appreciate your feedback. -Lauren sT steve T. CFP Financial Services Used the software for: 2+ years ### "Added Service for my clients" July 10, 2020 5.0 Pros intuitive UI made adding data and creating scenarios easy Cons legacy clients not transferable to the new software Review Source Response from Covisum August 17, 2020 Hi Steve, Thanks for leaving such a positive review of Tax Clarity! We're so glad you've found the software helpful and easy to use. We appreciate your feedback. -Lauren Carlton G. H. Vice President Financial Services Used the software for: Less than 6 months ### "Great Product, highly recommend!" July 7, 2020 5.0 The ability to show my clients the true impact of Roth Conversions has been beneficial to my practice. Pros It allows me to demonstrate to my clients the impact of distribution decisions on their tax burden Cons I wasn't able to illustrate Married filing separately Review Source Response from Covisum September 2, 2020 Hi Carlton, Thank you so much for the glowing review of Tax Clarity. We're thrilled that you've found the software helpful for showing clients the benefits of Roth conversions. We really appreciate your feedback! If you have any friends looking for financial planning software, send them our way. We'll take great care of them. -Lauren RI Rick I. Owner Financial Services Used the software for: 1-2 years ### "Powerful Tool" July 10, 2020 4.0 Pros As a former CPA I think the platform and software is very powerful and most importantly accurate Cons Output reports are not very customer friendly and the graphs take a fair amount of explanation to clients to help them understand what they are looking at. Review Source Response from Covisum August 13, 2020 Hi Isaac, Thank you for leaving a review of Tax Clarity. We're glad you've found the software helpful. Your perspective as a former CPA is very valuable, and we appreciate your feedback. -Lauren DA David A. President Insurance Used the software for: 1-2 years ### "Easy to use and explain" July 8, 2020 4.0 We use tax clarity about once every few months. Pros It is useful when showing clients future projections of tax consequences of Roth conversions, inheritances, social security and 401k withdrawals Cons It doesnt extend out far enough for retirement Review Source Response from Covisum August 19, 2020 Hi David, Thanks for taking the time to leave a review of Tax Clarity. We're glad you've found the software useful for demonstrating the tax implications of different retirement strategies. We appreciate your feedback. -Lauren DT Dale T. President Financial Services Used the software for: 1-2 years ### "Tax Clarity thoughts" July 7, 2020 5.0 It helped my practice quite a bit and help me with my planning software. Pros It was a great way to talk with clients about their tax situation that most other advisors were not having this discussion. Cons It just took a while to understand it, maybe better training on the front end Review Source Response from Covisum November 25, 2020 Hi Dale, Thanks for leaving a review of Tax Clarity. We're glad to hear that the software has helped you add unique value to your clients' strategies. We appreciate your feedback. -Lauren JE James E. President Financial Services Used the software for: 1-2 years ### "Simple use and Easy to Learn" July 16, 2020 3.0 Has been very valuable too for tax planning Pros Software is very easy to use and the graph is simple to demonstrate with clients. Report is useful. Cons Manuel data entry. Some of the data fields are not consistent with 1040 Review Source Response from Covisum July 31, 2020 Hi James, Thank you for the review. I'm glad you've found the software easy to use, and the report helpful. Covisum appreciates when our customers take the time to leave us a note. Thanks again! -Lauren NV Nigel V. Principal Financial Services Used the software for: 6-12 months ### "Easy to add tax planning to your practice" July 7, 2020 4.0 Pros Tax Clarity easily uncovers tax planning opportunities for my clients, and being the adviser who shows these opportunities I am elevated in my utility and value to my client. Cons Occasional software glitches. I’ve had to reboot. I don’t use the software in real-time with clients. I’ve also had issues with their branding features (my logo looks funny) Review Source Response from Covisum December 1, 2020 Hi Nigel, Thanks for leaving a review of Tax Clarity. We're so glad to hear that the software has helped your clients see the value you add. We appreciate your feedback. -Lauren BC Bill C. President Financial Services Used the software for: 2+ years ### "Tax Clarity Review" July 11, 2020 4.0 It is a great tool to show the client income tax savings by making some changes. Pros It really shows the advisor and client what is being paid in federal income taxes--including taxes on social security income and higher medicare premiums. Cons The client report does not easily show the client how to pay less income taxes. It is better to print the screen shot to show the lower income taxes. Review Source Response from Covisum August 3, 2020 Hi Bill, We're thrilled that you've found Tax Clarity a helpful addition to your practice. We like making our customers happy at Covisum! Thanks for the positive feedback. -Lauren BH Brannon H. Financial Advisor Financial Services Used the software for: 1-2 years ### "Does a good job" July 7, 2020 5.0 Pros It's pretty easy to use, even with clients/prospects present. Cons The time-out feature can be annoying. Wish the presentation outputs had fewer pages. Review Source Response from Covisum October 12, 2020 Hi Brannon, Thanks for taking the time to leave a review of Tax Clarity. We're happy to hear that you've found the software helpful and easy to use. We appreciate your feedback. -Lauren Similar Products Featured