A market-leading, tax and cost basis service supporting front-, middle-, and back-office reporting and management requirements.
Combining technology and scale with decades of experience, Maxit provides real-time cost basis and tax capabilities across front, middle, and back offices. Clients can automate regulatory reporting and access modern APIs and UI, enabling integration of tax information into all workflow functions that support investors and advisors.
How We Power Your Business
Maxit delivers a four-pronged approach: cost basis reporting, tax information reporting, tax optimization, and managed services. These components can be delivered holistically or individually as standalone offerings and can be supplemented with managed services to streamline processes.
Cost Basis Reporting
As a cost basis processing engine, Maxit is a highly automated, back-office agnostic solution that offers flexibility to meet every business model. Whether data is pushed or pulled, there is an option that fits.
Tax Information Reporting
Maxit delivers comprehensive tax information reporting and managed services to increase accuracy, reduce corrections, improve client service, and lower tax season expenses.
Maxit’s tax dashboard and interactive tools — as well as reports, insights, and alerts — provide an intuitive and transparent account snapshot to identify investment opportunities at the most tax-beneficial moment.
Maxit offers reconciliation services for cost basis and tax reporting, tax information reporting operations, and streamlined business operations support.
Maxit Tax Score
Advisors and investors can assess the tax profile of an account or household via an intuitive and simple to use score. Generate a score, review the details and learn how to improve the tax score by making tax efficient, guided investment decisions.Learn More
Maxit by the Numbers
to the IRS
Automate the operational burden of tax reporting and cost basis accounting with Maxit.
Maxit delivers a four-pronged approach: cost basis reporting, tax information reporting, tax optimization, and managed services.Download Fact Sheet
Maxit reduces tax reporting burdens and ensures regulatory compliance.Learn More
Updates and Enhancements
New Tax Profile and Score
In partnership with InvestCloud, Maxit is launching a front office, investor and advisor tax score service, empowering tax management and efficiency across an account and household. Improved advisor and investor achieved via integrated tax management and optimization, supporting improved investor goals and returns.
Maxit Tax has released hosting services for Intuit and is adding additional transparency and reporting to the tax process. Enhancements will extend recon from PDF to FIRE to OFX allowing clients transparency into all reporting channels.
Held Away Assets
Integration with third parties to bring in annuity investments and mutual funds held directly at fund companies will provide advisors with access to cost basis on held away assets. Additional expansion of bulk upload capability to track off-the-book assets provides advisors a comprehensive view of their client’s entire portfolio.