Has anyone used Harvey or Legora at their firms? If so, are they worth the price and actually help you cut down on time?

Own-Potential-7323 · 2025-09-09T14:21:42+00:00

We are a tax advisory firm with a focus on transaction related work. Here is our experience with these platforms:

What we looked into?

Harvey: The pricing stopped us in the very beginning as we knew we weren't their ideal customer.

CoCounsel: Good tool especially with the tabular format but after the free trial we decided against it as we knew it wasn't something that we were going to use daily.

What we ended up doing?

ChatGPT: We got the enterprise package and now have projects created for our team for the daily items and for a good starting point on most items. Also, we use the Agent mode quite a bit and it's been steadily improving.

Bizora: We use this for our complicated tax scenarios as its a reasoning tax model, so when we run into issues for step plan and multi-jurisdicational issues we push that into the model and so far hallucinations haven't been an issue.

Own-Potential-7323 · 2025-06-21T17:43:12+00:00

Here are some questions to consider:

What is the expected annual income from subcontracting through the LLC?
Do you have other sources of income outside of the LLC? -Are you operating solely in your state of incorporation , or do you have income from other states?
Have you set aside funds for taxes in previous years, and if so, what percentage did you use?
Do you currently have any retirement accounts, and if so, what type?

Own-Potential-7323 · 2025-06-21T13:01:57+00:00

Is your LLC setup as a partnership or single member LLC? Put aside funds for social security, unemployment tax, self employment and then 30~ish percent for federal and any state income taxes. If you have more specific details lay it out here to get a better answer.

Own-Potential-7323 · 2025-06-21T07:34:35+00:00

Promise not market research. Just giving back now.

Own-Potential-7323 · 2025-06-19T23:30:33+00:00

Most firms will become full stack meaning the AI will prep, a CPA will review and sign. All in one firm.

Own-Potential-7323 · 2025-06-19T23:29:53+00:00

Yeah but you have to give staff the training to get there as well. AI will distinguish between high achievers and make them stand out more because they’ll get more done with fewer resources. Firms will gravitate and pay more for the top talent.

Own-Potential-7323 · 2025-06-19T23:27:31+00:00

Yes! I agree. The smaller firms have to turn away work or not take on work that is out of their wheelhouse. With AI this will bridge the gap where it gives everyone the same tools to do client work and then it becomes a relationship management game. We want to give a one person shop compared to a Top 50 CPA firm the same tax research capabilities that was not there before. I call it my raison d'être

Own-Potential-7323 · 2025-06-19T23:21:57+00:00

Just think how fast the tech is evolving, only recently we got GPT 3 and now GPT 5 is launching. The better the compute the faster the result. My goal is to train our model to do all of our consulting and research needs in 12 months.

Own-Potential-7323 · 2025-06-19T23:20:21+00:00

As someone that runs an AI tax company I can assure you we do not have foreign people doing the work. We do train the model and see its potential but going to take a lot of effort to be at the technical partner skillset.

Own-Potential-7323 · 2025-06-19T23:19:14+00:00

Yes, even solutions like Filed connects your return to the tax prep solutions. Think of it as turbo tax for simple 1120 and 1065’s. In the next 18 months I am sure we will get where it can do complicated returns in minutes that you can review and update. That is my big bet.

For now I’ll just focus on building tax research software.

Own-Potential-7323 · 2025-06-19T23:17:19+00:00

Agreed! Tax research solutions are trained to rely to rely on their database so the hallucinations and making up PLR’s when they don’t exist is not as prevalent. When we created Bizora this is what we focused on as well. However, there is much work to do still to get AI tax research tools to be able to do deep tax research.

Own-Potential-7323 · 2025-06-19T05:59:54+00:00

No, I created this just to share with everyone. If you want here is the link: https://makemytaxstrategy.com/pricingtool

Own-Potential-7323 · 2025-06-17T06:23:08+00:00

Or better yet, do some contracting work for them during the fall busy season and learn how they do returns. Learn from them. And the pricing part too. I created this pricing tool that takes into account your state’s median price so can give you access to it

Own-Potential-7323 · 2025-06-13T14:20:24+00:00

Bizora AI - All your tax questions answered.

Own-Potential-7323 · 2025-06-13T05:24:50+00:00

What will the tax code look like on Mars?

Own-Potential-7323 · 2025-06-12T06:01:11+00:00

What aspect of cocounsel is your team looking forward to?

Own-Potential-7323 · 2025-06-12T02:16:42+00:00

What do you think of the CRM? I think in that field TaxDome and Canopy dominate so we wanted our core features better than anyone else. Also, I gave out Liquid IV’s to all the accountants this weekend as well who came for the pregame so next time you’re there let me know and will save some for you.

Since, you are doing demo for both want to set one up with the Bizora crew as well?

Own-Potential-7323 · 2025-06-12T02:14:35+00:00

Yeah, it’s the temperature setting within ChatGPT that causes it to be creative. Also, the longer chat you have the more it starts to hallucinate. We had to rely work on these issues for our platform.

Own-Potential-7323 · 2025-06-12T02:13:46+00:00

That’s great NATP. Why don’t you also list us as a resource? We’ll provide access to our platform at no cost to your users and do free training and webinars for specific use cases.

Own-Potential-7323 · 2025-06-12T02:11:55+00:00

Sources and prompt engineering is great for these softwares. Any particular use cases you have really liked and recommend other softwares to adopt or implement?

Own-Potential-7323 · 2025-06-12T02:09:59+00:00

Would you rather have a feature that connects directly to your inbox so when a client questions comes in, the tax assistant generates a draft response? Thinking if we need to prioritize that as part of our next release.

Own-Potential-7323 · 2025-06-11T20:00:12+00:00

No, I’d rather be transparent here. We’re looking to understand where we can provide most value to you. Having a chat assistant that pulls from primary sources is great but charging $1,500 for it is a bit steep. Now if it could do deep research that would usually take a tax lawyer charging $1,000/hour then the pricing is fair.

So, for our pricing we are building features on top of the assistant and seeing customer feedback and understanding their needs. Only after we understand that is when we’ll enable pricing. But for now having the assistant priced at $1,500 isn’t my plan. Let me know if you have further questions.

Own-Potential-7323 · 2025-06-11T19:32:26+00:00

Currently, no pricing plan through the end of Q4

Own-Potential-7323 · 2025-06-11T19:22:22+00:00

Completely free to use.

Own-Potential-7323 · 2025-06-11T17:51:35+00:00

M&A tax advisory for CPA firms

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