Wealth.com Tax Planning is a holistic tool that transforms complex tax data into clear, actionable insights, allowing advisors to bridge the gap between historical filing and proactive wealth management.
Product Overview and Value
Tax Planning is designed for tech-forward RIAs and CFPs serving high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients. It is particularly effective for managing complex situations involving business owners (K-1/QBI), tech executives with equity compensation, and families focused on multi-generational wealth transfer. By treating tax and estate planning as a "compound product," the tool ensures every tax decision strengthens the client's overall estate strategy.
Advisors use this tool to solve three primary hurdles:
Eliminating Manual Prep: Reduces the 45–90 minutes usually spent on data extraction to just a few minutes using our proprietary AI.
Overcoming Complexity: Translates dense tax data into visual narratives, such as projecting tax savings and liability.
Key Capabilities
Rapid Historical Review ("Lookback"): Summarize past tax health, identify safe harbor requirements, and spot missed opportunities from a 1040.
Client Ready Reports: Professional, high-quality deliverables that feature impactful visuals that are easy for clients to understand
Coming Soon: custom branded reports!
How Can I Get Started with Tax Planning?
Upload your client's tax return and confirm family details.
See key figures summarized on your Overview page.
Dive deeper in the Report tab to see the nuts and bolts of the lookback calculations.
Model a Scenario such as a Roth conversion, maximization of a 401(k), change in marital status and more.
View and/or download the updated Report inclusive of the side-by-side comparison of the scenario(s) you just created.
You can also watch our tax planning tutorial video here for a full walkthrough on how it works.
Step 1: Upload your client's tax return
To begin, you can upload a client’s Form 1040 (currently the primary supported document) through two methods:
Direct Upload: Upload from your computer or Vault.
Client Request: Use a pre-filled email to request documents directly from the client via email.
Once documents are uploaded, confirm family details like birthdates and dependents. This data is critical for calculating age-based benefits, retirement eligibility, and long-term projections.
Step 2: See key figures summarized on the Overview page.
Ester summarizes key figures like Adjusted Gross Income, Federal Income Tax, Total Tax, Taxable Income, and more in a simplified dashboard.
What are Ester Tax Insights?
You can also select Get Insights where Ester surfaces anomalies, planning triggers, strategies, and follow-ups — for example, unclaimed depreciation, SE tax discrepancies, SALT cap overage, and withholding gaps. It's the analysis that takes hours by hand, delivered in minutes.
Step 3: Dive Deeper in the Report tab
The Report tab is where you can see the nuts and bolts of your Overview page, packaged into high-quality visual breakdowns that you can export as a client-ready deliverable.
What is included in a Tax Report?
Tax Reports include sections such as:
Tax Impact Summary: features the lookback of total tax, effective tax rate, marginal tax rate, and baseline tax profile
Tax Liability Breakdown: a pie chart and accompanying table showing a comprehensive analysis of total tax obligations
Federal Tax Bracket Distribution
State Tax Bracket Distribution
Income Overview
Schedule A
Schedule C
Schedule D
Schedule D
Schedule E
Important Considerations
Step 4: Model a Scenario
To model a Scenario, follow these steps:
Select the Scenarios tab in Tax Planning
You'll see your client's baseline as the current scenario labeled 'Lookback'. Next to that, click Add Scenario.
Select Actions to open a menu with tax strategies you can choose to model.
Select the strategy you wish to model. You may be prompted to enter additional information to build the scenario.
Click Apply Changes & Recalculate and see your strategy applied to your scenario instantly, with the tax impact calculated in real-time.
Select Save Changes in the top right menu to save this scenario for this client.
How do I model a Roth conversion scenario?
To model a Roth conversion, follow these steps:
Select the Scenarios tab in Tax Planning
You'll see your client's baseline as the current scenario labeled 'Lookback'. Next to that, click Add Scenario.
Select Actions to open the tax strategies menu.
Select Roth Conversion Calculator.
Before entering a conversion amount, scroll down to see the current position in the federal tax bracket and IRMAA tier charts. You have the option to select Fill to Next Bracket if you'd like to "top-up" the current bracket.
Enter a conversion amount and see the changes instantly reflected in the federal tax bracket and IRMAA tier charts.
Click Apply Changes & Recalculate to apply this strategy to your scenario.
See the Roth conversion instantly applied with a real-time calculation on Tax Impact, which shows the difference between this scenario's combined tax liability and the lookback year's.
You have the option to keep the default Federal & State view, or you can select that menu to view federal or state only. You can also toggle to Show differences only to see a a sole view of just the changes made related to your proposed scenario.
Select Save changes from the top right menu to save this scenario to your client's profile.
Can I edit the federal & state line items to adjust calculations for scenarios?
Yes, you can edit line items like income, wages, and more to model various scenarios.
Can I apply multiple strategies to one scenario?
Yes, you can apply multiple strategies to a single scenario.
How many scenarios can I model?
You can model up to three scenarios against your Lookback (baseline).
Can I name my own scenarios?
Yes, we definitely recommend you name your scenarios to help personalize your experience and help you stay organized. Hover your mouse over the scenario name and click the pencil icon to edit the name. Hit Enter to save the new name.
How do I delete a scenario?
Select the three dots to the right of your scenario to open the scenario settings and select Delete scenario.
Can I create a copy of a scenario?
Yes! This is especially helpful if you want to model a similar scenario based off an existing one, without starting from scratch. Select the three dots to the right of your scenario to open the scenario settings and select Copy Scenario.
Step 5: View Scenario Comparisons in a Report
After you've created one or more scenario(s), you can add those scenarios into your client tax report.
Select Report
In Advisor View, select the checkbox for the scenarios you'd like to add to your report.
Toggle into Client View to see the final report.
Select Print or Download as PDF to export your report for your next client meeting.
Can I edit the tax report?
Yes. In the Section Editor menu at the top of the Report tab, you can drag and drop to reorder any report sections into the sequence of the story you're trying to tell. You can also select the eye icon to "hide" any sections you wish you exclude from the report.
Can I apply my firm's logo or branding to tax reports?
At this time, custom branding for tax reports is not available. However, this is coming soon! We will announce once this option becomes available.
What's the difference between Advisor View and Client View in Report?
Think of Advisor View as managing what's "under the hood" for your report, including selecting which scenarios you'd like to include. Client View shows you what the client will see when viewing your report.
How can I check the values Ester extracted from my client's tax return?
In the Lookback Inputs tab, you can see your client's tax document on the left, along with extracted values on the right. Here, you can easily view what Ester has extracted and edit any values if needed.
Where key features live
This is a quick reference for common "where do I find X?" questions:
Tax Planning tab: inside each client's profile, in the left-side navigation
Upload tax return: You can upload your client's tax return into your Vault and easily select it once in the Tax Planning tab. If you haven't uploaded the document into your Vault, no worries, you can upload the tax return directly from the Tax Planning tab. Don't have a tax return yet? In the Tax Planning tab, you can also select Request Documents to send a pre-filled email request to your client to upload their document(s) via a secure portal. Once your client uploads, the documents will appear in your Vault.
Lookback Inputs: appears automatically after uploading a tax return in the top navigation of the Tax Planning tab. This is where you can view data Ester has extracted from your client's tax document.
Scenarios: Scenarios tab in the top navigation inside the Tax Planning tab. This is where you can create up to three scenarios to model against your Lookback (baseline).
Tax Planning Report: Report tab in the top navigation inside the Tax Planning tab. This is where you can view a client-ready deliverable of visual breakdowns and diagrams illustrating your client's tax situation and projected tax savings and liability.
If you do not see the Tax Planning tab in a client's navigation, your account may not have Tax Planning activated. Please contact your Account Manager at partners@wealth.com.