NovaTax Intelligence

TL;DR

What it is: An affordable tax news and research platform powered by AI.
Primary Benefit: Access expert analysis from Tax Analysts® in a simple, intuitive interface at a fraction of the cost of traditional tools.
Ideal User: Small to mid-sized CPA firms, solo accountants, and smaller corporations.

What is NovaTax Intelligence

NovaTax Intelligence is an AI-powered tax research and news platform designed specifically for smaller accounting firms, solo practitioners, and mid-sized corporations. It solves the problem of high costs and complexity associated with traditional tax research software by providing access to comprehensive federal and state tax news, documents, and analysis from Tax Analysts® in an affordable, intuitive, and easy-to-navigate interface. The platform streamlines the research process, enabling tax professionals to quickly find relevant information and stay current on legal updates and trends.

Key Features

AI-Powered Intelligent Searching: Utilizes AI to rank search results by relevance, ensuring users can find the most useful tax documents and articles quickly and efficiently.
Expert Tax News Coverage: Delivers fresh articles weekly for federal tax and daily for state tax, written by experts at Tax Analysts®, covering key legal updates, trends, and insights.
Comprehensive Research Libraries: Provides access to over 300,000 federal tax documents and a complete state library with tax codes, regulations for all 50 states, and audit manuals for over 40 states.
Modern Interface and Simple Workflow: Features a clean, modern design that simplifies navigation and allows users to complete research tasks in three clicks or less.
Customizable Weekly Newsletter: Offers a personalized weekly email alert that summarizes the most important tax news, delivered directly to the user's inbox every Monday.

Who is NovaTax Intelligence for?

Small and mid-sized CPA firms (not on the Accounting Today 100 list)
Solo CPAs and accountants
Small and mid-sized accounting services and tax preparation providers
Enrolled agents
Corporations with less than $1 billion in annual gross revenues
Attorneys and Government Entities (eligible for the State Tax codes & regulations product only)

Key Use Cases & Applications

Conducting efficient federal and state tax research for client cases.
Staying current on tax law changes and expert analysis without a large budget.
Accessing state tax codes, regulations, and audit manuals in one centralized platform.
Receiving a curated weekly summary of key tax developments to start the week informed.
Streamlining the research process for small accounting teams and solo practitioners.

Pros

Highly affordable compared to traditional enterprise tax research platforms.
Content is provided by the trusted and reputable experts at Tax Analysts®.
Intuitive, modern user interface is easy to learn and navigate.
Specifically designed to meet the budget and workflow needs of smaller firms.
Offers a free trial to test the platform's capabilities.

Cons

Strict eligibility requirements prevent large firms (e.g., Accounting Today 100) from purchasing.
Attorneys and government entities have restricted access to only the state tax product.
Federal news is updated weekly, which may not be frequent enough for those needing real-time updates.

Pricing Info

Free Trial Available

NovaTax Intelligence offers a free trial, which can be requested via a demo form on their website.

Plan: Tax News & Research Library
Price: From $65/month (billed annually)
Features: Includes Federal Tax News, Federal Tax Research Library, State Tax News (50 States and D.C.), and State Tax Audit Manuals.‍
Plan: State Tax Codes & Regulations
Price: $15/month
Features: Available as a standalone product or an add-on. Includes codes and regulations for all 50 States and D.C. in a clean, uniform format.

FAQs

Who writes the news and primary law summaries?

The Federal & State Tax news and Federal law summaries available on NovaTax Intelligence are crafted by the team of experts at Tax Analysts®.

What is included in the all-in-one news and research bundle?

The primary bundle includes Federal & State Tax news coverage, as well as access to the comprehensive Federal & State Tax research libraries.

How often is the news updated?

Federal tax news is updated every Monday, and state tax news is updated daily. A customizable newsletter summarizing the week's news is delivered every Monday.

Is NovaTax Intelligence suitable for a large, top-100 accounting firm?

No, NovaTax is not authorized for sale to CPA firms on the Accounting Today 100 list. It is specifically designed and priced for small to mid-sized firms, solo practitioners, and smaller corporations.

Still have questions? We're here to help!