WealthStack Roundup: TaxStatus Launches Tax Tools

Group 1: TaxStatus Product Launch - TaxStatus has launched two productivity tools, the Tax Prep Checklist and Tax Return History, aimed at improving accuracy and efficiency for financial advisors ahead of the 2025 filing season [1][2] - The Tax Prep Checklist is a client-facing tool that specifies required documents based on prior tax data, streamlining the preparation process for clients and CPAs [2][3] - The Tax Return History tool provides year-by-year comparisons of clients' historical 1040 tax returns in structured Excel format, allowing for trend analysis and efficient examination of tax data [4] Group 2: Company Background and Leadership - TaxStatus was founded in 2017, initially serving taxpayers by checking IRS standings and sharing records with financial partners, but pivoted in 2023 to focus on wealth management and tax professionals [5] - In August 2025, notable figures Ric Edelman and Eric Clarke joined the TaxStatus board of directors, indicating a strengthening of leadership and industry connections [4]