Thomson Reuters Ready to Advise
AI tax planning software that turns client return data into ranked advisory strategies with step-by-step implementation guidance.
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About Thomson Reuters Ready to Advise
Ready to Advise is Thomson Reuters' AI tax planning product for accounting firms, sitting alongside Ready to Review, which handles 1040 preparation. Firms upload tax returns and client information, and the tool identifies planning strategies for that specific client, ranking them by relevance and likely impact and prompting further questions to refine the recommendations.
It was announced on 15 July 2025 alongside Ready to Review and is available in the United States. It is built on the company's agentic AI platform and draws on Checkpoint content, with step-by-step implementation guidance intended to let less experienced staff deliver strategies a partner would otherwise handle. It also generates client-ready reports that quantify projected savings and future opportunities, and existing customers sign in through the CoCounsel accounting platform.
Thomson Reuters positions it for solo advisory practitioners, mid-sized firms building repeatable advisory systems, and enterprise firms delegating advisory execution to junior staff. Pricing is not published and is arranged through a sales conversation.
Key Features
- Uploads returns and client data to surface tailored planning strategies
- Ranks opportunities by relevance and potential impact
- Agentic step-by-step implementation guidance grounded in Checkpoint content
- Client-ready reports quantifying projected savings and outcomes
Our in-depth review
Ready to Advise is Thomson Reuters answering the question every compliance-heavy firm has been asked for a decade, which is how to sell advisory without first hiring a specialist to deliver it.
What it does well. The content moat is the point. Strategies are grounded in Checkpoint rather than generated from nothing, and the step-by-step implementation guidance is what turns a list of ideas into work a junior member of staff can actually execute. Client-ready reports that quantify projected savings address the awkward part of advisory, which is justifying the fee afterwards. Thomson Reuters cites average time savings of 32% per task, and research dropping from three to five hours to fifteen to thirty minutes. Both figures are the vendor's own. Integration with the wider CoCounsel and Checkpoint stack is substantive rather than cosmetic.
Where it falls short. There is no published pricing, which is a genuine obstacle for a firm comparing options and usually signals an enterprise-shaped deal. The product is United States only. Its value depends heavily on a firm already holding clean return data and having the client relationships to sell into, so it will not create an advisory practice where none exists. The Fiduciary-Grade AI label is marketing language, not a standard anyone certifies against.
Best for. US firms already on the Thomson Reuters stack that want to systematise tax planning and push execution down to junior staff.
Verdict. A strong fit for firms already inside the Thomson Reuters ecosystem, and hard to justify evaluating from outside it.
At a glance
- Category
- Tax prep
- Best for
- All sizes practice
- Editor's score
- 4.2 / 5
- Pricing
- No public price list. Sold by demo request and quoted per firm by Thomson Reuters sales. Positioned across solo advisory practitioners, mid-sized firms and enterprise firms, and built on Checkpoint content with what the company brands Fiduciary-Grade AI.
- Last verified
- 2026-09-22
Integrations
- CoCounsel
- Checkpoint
- UltraTax CS
- Uploaded tax returns (PDF)
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