Quick Overview
- 1#1: Holistiplan - AI-powered tax projection and planning software designed for financial advisors to model Roth conversions and other strategies.
- 2#2: RightCapital - Comprehensive financial planning platform with advanced tax projection, optimization, and scenario analysis tools.
- 3#3: Snap Projections - Cloud-based financial planning software featuring detailed tax projections and cash flow forecasting.
- 4#4: ProjectionLab - Customizable open financial projection tool with integrated tax forecasting and Monte Carlo simulations.
- 5#5: NewRetirement - Retirement planning software that provides personalized tax projections and optimization recommendations.
- 6#6: eMoney Advisor - Financial planning platform for advisors with robust tax projection and analysis capabilities.
- 7#7: MoneyGuidePro - Goal-based planning software including tax projection tools for wealth management.
- 8#8: NaviPlan - Deterministic financial planning solution with detailed tax planning and projection features.
- 9#9: Lacerte - Professional tax software with what-if scenarios and tax projection tools for CPAs.
- 10#10: UltraTax CS - Tax preparation and planning software offering projections and compliance tools for tax professionals.
Ranked based on key factors like projection accuracy, tax strategy integration, user experience, and overall value, ensuring alignment with varied workflows from retirement planning to advanced financial advising.
Comparison Table
Tax projection software plays a vital role in financial planning, and this comparison table showcases tools like Holistiplan, RightCapital, Snap Projections, ProjectionLab, NewRetirement, and more. Readers will gain insights into key features, usability, and differences to identify the best fit for their workflow.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Holistiplan AI-powered tax projection and planning software designed for financial advisors to model Roth conversions and other strategies. | specialized | 9.8/10 | 9.9/10 | 9.4/10 | 9.6/10 |
| 2 | RightCapital Comprehensive financial planning platform with advanced tax projection, optimization, and scenario analysis tools. | enterprise | 9.2/10 | 9.5/10 | 8.8/10 | 8.5/10 |
| 3 | Snap Projections Cloud-based financial planning software featuring detailed tax projections and cash flow forecasting. | specialized | 8.5/10 | 9.0/10 | 8.3/10 | 8.0/10 |
| 4 | ProjectionLab Customizable open financial projection tool with integrated tax forecasting and Monte Carlo simulations. | specialized | 8.2/10 | 8.5/10 | 9.0/10 | 8.3/10 |
| 5 | NewRetirement Retirement planning software that provides personalized tax projections and optimization recommendations. | specialized | 8.1/10 | 8.2/10 | 8.5/10 | 8.7/10 |
| 6 | eMoney Advisor Financial planning platform for advisors with robust tax projection and analysis capabilities. | enterprise | 8.1/10 | 8.4/10 | 7.8/10 | 7.2/10 |
| 7 | MoneyGuidePro Goal-based planning software including tax projection tools for wealth management. | enterprise | 7.6/10 | 8.1/10 | 7.2/10 | 7.0/10 |
| 8 | NaviPlan Deterministic financial planning solution with detailed tax planning and projection features. | enterprise | 8.1/10 | 8.5/10 | 7.2/10 | 7.6/10 |
| 9 | Lacerte Professional tax software with what-if scenarios and tax projection tools for CPAs. | enterprise | 7.6/10 | 8.1/10 | 7.2/10 | 7.0/10 |
| 10 | UltraTax CS Tax preparation and planning software offering projections and compliance tools for tax professionals. | enterprise | 7.2/10 | 8.0/10 | 6.8/10 | 6.5/10 |
AI-powered tax projection and planning software designed for financial advisors to model Roth conversions and other strategies.
Comprehensive financial planning platform with advanced tax projection, optimization, and scenario analysis tools.
Cloud-based financial planning software featuring detailed tax projections and cash flow forecasting.
Customizable open financial projection tool with integrated tax forecasting and Monte Carlo simulations.
Retirement planning software that provides personalized tax projections and optimization recommendations.
Financial planning platform for advisors with robust tax projection and analysis capabilities.
Goal-based planning software including tax projection tools for wealth management.
Deterministic financial planning solution with detailed tax planning and projection features.
Professional tax software with what-if scenarios and tax projection tools for CPAs.
Tax preparation and planning software offering projections and compliance tools for tax professionals.
Holistiplan
specializedAI-powered tax projection and planning software designed for financial advisors to model Roth conversions and other strategies.
Proprietary 'Tax Alpha' calculator that quantifies the value of tax optimization strategies over a client's lifetime
Holistiplan is a leading tax projection software designed specifically for financial advisors, offering precise multi-year tax forecasts and scenario modeling for client portfolios. It excels in advanced tax strategies such as Roth conversions, qualified charitable distributions (QCDs), tax-loss harvesting, and tax-efficient withdrawal sequences. The platform integrates with major CRM and planning tools like eMoney and RightCapital, enabling seamless workflow automation and client presentation-ready visualizations.
Pros
- Exceptionally accurate multi-year tax projections with support for complex strategies like QCDs and Roth ladders
- Seamless integrations with popular financial planning software and CRMs
- Intuitive visualizations and client-ready reports that enhance advisor-client discussions
Cons
- Higher pricing may deter solo practitioners or small firms
- Steeper learning curve for fully leveraging advanced modeling features
- Primarily focused on tax projections, lacking broader financial planning modules
Best For
Financial advisors and wealth managers focused on tax-efficient retirement and estate planning for high-net-worth clients.
Pricing
Starts at $99 per advisor/month for basic access, with Pro ($149/month) and Enterprise tiers offering advanced features and unlimited clients.
RightCapital
enterpriseComprehensive financial planning platform with advanced tax projection, optimization, and scenario analysis tools.
Tax Alpha calculator that quantifies the financial impact of tax-efficient strategies like Roth conversions and asset location.
RightCapital is a robust financial planning platform with advanced tax projection tools designed for financial advisors, enabling precise modeling of future tax liabilities, Roth conversion strategies, and withdrawal optimization across retirement scenarios. It integrates real-time data from client accounts and CRMs to deliver dynamic tax forecasts and scenario analyses. The software stands out for its holistic approach, combining tax projections with Monte Carlo simulations and Social Security optimization for comprehensive planning.
Pros
- Sophisticated tax projection models including Roth ladders and QCDs
- Seamless integrations with custodians, CRMs, and portfolio trackers
- Interactive visualizations and client-ready reports for tax discussions
Cons
- Premium pricing may deter solo advisors or small firms
- Initial setup and learning curve for non-technical users
- Less emphasis on ultra-complex estate or international tax scenarios
Best For
Financial advisors and wealth managers seeking integrated tax projections within a full-suite financial planning tool.
Pricing
Starts at $150/user/month (billed annually), with tiered plans up to $250+/user/month for advanced features and support.
Snap Projections
specializedCloud-based financial planning software featuring detailed tax projections and cash flow forecasting.
Real-time 'Snapshot' reports that visually map tax brackets and liabilities across multiple retirement scenarios
Snap Projections is a cloud-based financial planning software tailored for financial advisors, specializing in retirement cash flow projections with integrated tax modeling. It enables users to forecast future tax liabilities across scenarios like Roth conversions, withdrawals, and income changes, using real-time data integrations. The tool generates customizable, client-friendly reports and supports Monte Carlo simulations for risk assessment.
Pros
- Powerful tax projection engine with marginal rate calculations and optimization suggestions
- Seamless integrations with CRMs, portfolio tools, and tax software like RightCapital
- Intuitive drag-and-drop scenario builder for quick what-if analyses
Cons
- Primarily advisor-focused, less ideal for individual users without professional support
- Per-household pricing can scale costs for high-volume practices
- Advanced customization requires some learning curve despite user-friendly interface
Best For
Financial advisors seeking integrated tax and retirement projection tools to enhance client planning discussions.
Pricing
Starts at $60/month per advisor for basic plan, with additional per-household fees ($5-10) for unlimited projections; enterprise options available.
ProjectionLab
specializedCustomizable open financial projection tool with integrated tax forecasting and Monte Carlo simulations.
Interactive visual flowchart builder for customizing financial and tax scenarios in real-time
ProjectionLab is a web-based financial planning tool that excels in creating long-term projections, with a strong focus on modeling US federal and state income taxes, including brackets, deductions, credits, and strategies like Roth IRA conversions. Users can build interactive visual plans incorporating income, investments, real estate, and expenses to forecast tax liabilities over decades. It supports scenario testing and optimization to minimize future tax burdens.
Pros
- Intuitive visual canvas for building and tweaking projections
- Robust tax engine handling complex scenarios like capital gains and conversions
- Free tier with solid core functionality
Cons
- Primarily US-focused, limited international tax support
- Advanced features like Monte Carlo simulations require Pro subscription
- No direct integration with tax preparation or accounting software
Best For
DIY financial planners and early retirees who want integrated tax projections within broader financial modeling.
Pricing
Free basic plan; Pro plan at $10/month or $96/year for unlimited scenarios and advanced tools.
NewRetirement
specializedRetirement planning software that provides personalized tax projections and optimization recommendations.
Roth conversion ladder optimizer that simulates multi-year strategies to minimize lifetime taxes
NewRetirement is a comprehensive retirement planning platform that includes tax projection tools to model future tax liabilities based on income sources, withdrawals, and strategies like Roth conversions. It integrates tax estimates into broader financial projections, helping users optimize retirement spending and sustainability while minimizing lifetime taxes. The software supports scenario analysis for different tax brackets, capital gains, and Social Security taxation.
Pros
- Robust retirement-specific tax modeling including Roth conversions and capital gains
- Seamless integration of tax projections with overall financial planning
- User-friendly scenario builder for testing tax strategies
Cons
- Limited to retirement planning, not suitable for current-year tax filing or complex IRS forms
- Advanced tax optimizers require premium or one-time fees
- Primarily US-focused with less depth for international tax scenarios
Best For
Pre-retirees and retirees seeking long-term tax optimization within holistic retirement planning.
Pricing
Free basic planner; Premium $120/year; advanced optimizers $2,400 one-time.
eMoney Advisor
enterpriseFinancial planning platform for advisors with robust tax projection and analysis capabilities.
Dynamic tax sensitivity analysis tied to goal-based planning and Monte Carlo simulations for probabilistic tax forecasting
eMoney Advisor is a comprehensive financial planning platform designed for wealth advisors, featuring integrated tax projection tools that model future tax liabilities based on income, investments, deductions, and scenario planning. It enables users to visualize tax impacts within broader wealth management strategies, including retirement and estate planning. The software supports what-if analyses to optimize tax-efficient strategies like Roth conversions or asset location.
Pros
- Seamless integration of tax projections with holistic financial planning and cash flow modeling
- Advanced scenario testing for tax optimization strategies
- Real-time updates and customizable reports for client presentations
Cons
- High cost primarily suited for enterprise-level advisors
- Steep learning curve for non-expert users
- Less specialized for standalone tax projection compared to dedicated tools
Best For
Financial advisors managing high-net-worth clients who require integrated tax projections within comprehensive wealth management plans.
Pricing
Custom enterprise pricing for advisors, typically $5,000+ per year per user with tiered plans based on assets under management.
MoneyGuidePro
enterpriseGoal-based planning software including tax projection tools for wealth management.
Tax-sensitive 'What-If' scenario engine that recalculates lifetime taxes in real-time across integrated cash flow and Monte Carlo simulations
MoneyGuidePro is a comprehensive financial planning platform designed for financial advisors, featuring robust tax projection tools that forecast federal and state tax liabilities over clients' lifetimes. It models complex scenarios like Roth conversions, required minimum distributions, and tax-efficient withdrawal strategies within an integrated planning environment. The software emphasizes holistic advice by linking tax projections to retirement, investment, and estate planning outcomes.
Pros
- Seamless integration of tax projections with overall financial planning
- Advanced scenario analysis for tax optimization like Roth ladders and QCDs
- Accurate multi-year forecasts accounting for brackets, AMT, NIIT, and law changes
Cons
- Primarily enterprise-focused, less ideal for solo advisors or DIY users
- Steep learning curve and dated interface requiring significant training
- High pricing limits accessibility for smaller practices
Best For
Financial advisors managing high-net-worth clients who need tax projections embedded in holistic financial plans.
Pricing
Annual subscriptions start at around $2,400 per advisor, with tiered enterprise plans for larger firms.
NaviPlan
enterpriseDeterministic financial planning solution with detailed tax planning and projection features.
Dynamic 'what-if' tax scenario analyzer tied to lifetime cash flows
NaviPlan by Advicent is a comprehensive financial planning platform that includes robust tax projection tools for modeling future tax liabilities across retirement, investment, and estate scenarios. It integrates tax calculations with cash flow analysis, allowing advisors to simulate various 'what-if' situations like Roth conversions or income changes. While powerful for holistic planning, its tax features are embedded within a broader suite rather than standalone.
Pros
- Advanced scenario modeling for taxes including AMT and phase-outs
- Seamless integration with retirement and cash flow projections
- Customizable reports and client presentations
Cons
- Steep learning curve for non-expert users
- Overkill and expensive for tax-only needs
- Limited automation compared to dedicated tax software
Best For
Financial advisors seeking integrated tax projections within full financial planning workflows.
Pricing
Custom enterprise licensing, typically $2,500-$6,000 annually per advisor depending on modules and users.
Lacerte
enterpriseProfessional tax software with what-if scenarios and tax projection tools for CPAs.
What-If Tax Planner for real-time scenario modeling tied directly to return data
Lacerte, from Intuit's ProConnect, is a professional tax preparation software with built-in tax planning and projection tools that enable what-if scenario analysis for forecasting tax liabilities. It leverages a robust calculation engine to model changes in income, deductions, and credits across federal and state returns. While excels in complex return handling, its projection features are secondary to core e-filing and prep functions, making it suitable for pros needing integrated planning.
Pros
- Powerful tax calculation engine for accurate projections
- Seamless integration with tax return preparation workflow
- Supports complex scenarios including multi-state and entity returns
Cons
- Projection tools are not as advanced or standalone as dedicated planners
- Steep learning curve for non-expert users
- High pricing may not justify for projection-only needs
Best For
Experienced tax professionals seeking integrated tax prep and projection in a single platform.
Pricing
Annual subscriptions start at ~$1,500 for basic unlimited e-filing, with pay-per-return options from $100+; scales with firm size and features.
UltraTax CS
enterpriseTax preparation and planning software offering projections and compliance tools for tax professionals.
Tax Planner module with direct linkage to client return data for dynamic, data-driven projections
UltraTax CS is a professional-grade tax preparation software from Thomson Reuters with integrated tax projection capabilities via its Tax Planner module. It enables users to create what-if scenarios, estimate future tax liabilities, and model planning strategies for individual and business clients. While powerful for compliance-driven firms, its projection features are embedded within a broader tax workflow rather than standing alone as a dedicated projection tool.
Pros
- Robust scenario modeling and what-if analysis for accurate projections
- Automatic compliance updates for federal, state, and local tax changes
- Seamless integration with tax prep data for real-time projections
Cons
- Steep learning curve due to complex, professional-focused interface
- High cost unsuitable for small firms or casual users
- Projection tools feel secondary to core tax return preparation functions
Best For
Established CPA firms and tax professionals needing integrated projection tools within a full tax preparation suite.
Pricing
Quote-based subscription starting at around $5,000 annually, scaling with firm size, users, and add-on modules.
Conclusion
Navigating top tax projection software reveals a range of powerful tools, with Holistiplan leading as the top choice—its AI-driven approach excels at modeling complex strategies like Roth conversions, making it ideal for financial advisors. Close behind, RightCapital stands out for its comprehensive planning and scenario analysis, while Snap Projections impresses with its cloud-based flexibility and detailed cash flow forecasting, each offering unique strengths to suit different needs.
Don’t miss out on refining your tax projection processes—begin your journey with Holistiplan to unlock tailored strategies and more efficient financial planning.
Tools Reviewed
All tools were independently evaluated for this comparison
Referenced in the comparison table and product reviews above.