TaxStatus Discovery runs more than 160 checks across a firm’s entire book, surfacing growth, retention, tax, estate and compliance opportunities for every client, while the new Client Connector lets compatible AI assistants act on client-authorized IRS data

TaxStatus, winner of the 2026 Wealthies Disruptor award, today announced the general availability of TaxStatus Discovery and the TaxStatus Client Connector. Together they give a firm a complete, continuously refreshed picture of every client’s financial life, drawn from the record the IRS already holds rather than from questionnaires, aggregator logins, and scanned PDFs.

For decades, advice has run on data the client remembered to mention. That ends today. With the launch of Discovery and the Client Connector, a firm’s leadership can mine its own data: calculate wallet share precisely, household by household and account by account; see exactly where the growth in the existing client base lies; and supply each opportunity to a relationship owner as a named list, not a hunch.

“Clients should not have to know what to tell their advisor to get better advice,” said Kevin Knull, CFP®, CEO of TaxStatus. “Every planning tool, CRM and portfolio system on the market was built on data the client typed into a form, an aggregator pulled from a login, or an OCR analysis lifted from a PDF. Firm leaders have been setting strategy with a fraction of the information, and advisors have been advising with the same gap. This is the turning point. Executives can finally manage the book they actually have, and advisors and CPAs are empowered to deliver better advice to every client and prospect.”

How it works

• TaxStatus Discovery runs over 160 Discovery Checks across every authorized client, organized into 11 categories spanning growth, retention, investment management, banking, tax, retirement, business owners, estate, insurance, IRS resolution and operations. Each finding carries its metrics, methodology and a client-level list ready to assign, and an “Ask” button takes the advisor from a book-wide number to one household’s records in the firm’s preferred AI assistant in a single click. The analysis draws on all of the data: what the client reported on tax returns, and everything that millions of employers, custodians, banks, brokerages and other third parties report directly to the IRS about the client.
• The Client Connector, built on the open Model Context Protocol, lets compatible AI assistants, including Claude, ChatGPT and Microsoft Copilot where supported connections are enabled, ask questions of one client or the whole book: “Which clients have a new IRS notice this week?” A change feed reports what moved. Every call is logged with its purpose, and firms control which tools may receive the data.

The data also flows into the tools advisors already own. In TaxStatus’s analysis of 447 products on the Kitces AdvisorTech Map, TaxStatus can populate 72% of the client-financial fields those products use, and more than 100 SaaS products, can take a significant share of their client data model directly from TaxStatus. TaxStatus estimates this can save a firm thousands of hours of labor now spent assembling client data by hand, while dramatically enhancing the quality of advice.

The most efficient growth is already in the book

The most efficient path to organic growth is not new-client acquisition. It is delivering more services to existing clients and gathering more of the assets they already hold. Every firm knows this. Until now, no firm could measure it.

Client-authorized IRS data closes the gap. Every IRA, every income-producing bank and brokerage account, every workplace plan, every mortgage and, from tax year 2025, every digital-asset sale through a broker is reported to the IRS by name and account number. From those forms, Discovery builds a household-by-institution inventory of the entire book. Once the firm marks its own custodians, it has a wallet-share figure for every household, the dollar value of what sits elsewhere, who holds it, and the households that account for it. If the firm matches that data with its clients’ account numbers, it can determine precise wallet share at the account level and unlock the most efficient means of organic growth available. Most firms using TaxStatus identify more than two and a half times the assets and accounts they currently manage.

The most complete meeting preparation in the industry

Meeting-notes tools capture what was said in the room. TaxStatus prepares what should be said before the advisor walks in. Coupled with a firm’s enterprise AI model, the data can generate a complete list of discussion points and suggested next steps, ranked by dollars at stake, deadline and irreversibility. Examples of what the TaxStatus data surfaces include a Roth conversion window created by a federal tax bill of zero, a liquidity event, an income difference to resolve before the IRS raises it, a Medicare premium that one form could cut by about $5,000 a year, millions of dollars still titled outside a client’s trust, or digital-asset proceeds on a 1099-DA that never made it onto the return. The same package can run for every client before every review. Paired with a comprehensive meeting note-taker, this preparation can change the discovery process outright: what once took a series of fact-finding meetings is compressed into one, and advice that used to arrive months (or years) into a relationship arrives at the first review. Better advice, sooner.

Availability

Discovery and the Client Connector are available today; developers can reach the same data through the REST Tax Data API at developer.taxstatus.com. TaxStatus accesses a client’s IRS record only with that client’s authorization.

“The industry has argued for 20 years about which planning tool, which CRM and which AI assistant is best,” said Knull. “None of it matters if the data underneath is incomplete. The firms that leverage this wealth of data will serve more of each client’s needs, gather more of each client’s assets, and give better advice than anyone who waits. It is truly a turning point.”

About TaxStatus

TaxStatus gives C-suite executives, financial advisors, CPAs, insurance professionals, bankers and estate planners direct, authorized access to their clients’ official IRS records and monitors those records for change. It delivers the complete financial picture through its application, REST API and Client Connector. TaxStatus was named winner of the 2026 Wealthies Disruptor award by Wealth Management. Learn more at taxstatus.com.

All client, household, employer and account identifiers in the client examples are fictional; financial-institution names are real. TaxStatus does not provide tax or legal advice.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261110877535/en/