Last updated: May 8, 2026

Disclosures

Read this page before using TaxHarvest. It summarizes who we are, what the Services produce, and what risks you accept by using them. The full legal terms live in our Terms of Service; this page is a plain-language overview.

What TaxHarvest is

TaxHarvest is a software tool that reads data from brokerage accounts you connect and produces general, informational estimates and suggestions about tax-loss harvesting and tax-aware trading. It is software. Nothing more.

What TaxHarvest is not

  • We are not a registered investment adviser (RIA) and we are not a broker-dealer.
  • We are not a CPA firm, enrolled-agent practice, or law firm.
  • We are not your fiduciary. We have no duty to act in your best interest in the way a registered adviser does.
  • We are not a tax preparer. Nothing we produce is a substitute for the 1099 forms your brokerage files with the IRS or for the tax return you file with a professional.

What our output is — and is not

Everything you see in TaxHarvest is one of two things:

  • An estimate. Cost basis, holding period, projected federal/state tax bills, harvest savings, wash-sale flags, and replacement-security ideas are calculations done on data supplied by your brokerage and the preferences you entered. Brokerage data can be delayed, restated, or inconsistent between providers. Tax-law assumptions baked into our estimates are general — they do not know your filing status nuances, alternative-minimum-tax exposure, state-residency edge cases, prior-year carryover losses, or other facts unique to you.
  • A general, informational suggestion. When TaxHarvest highlights a lot to harvest or proposes a replacement security, that is a software-generated idea for your consideration, not a recommendation to buy, sell, or hold any specific security. It is not personalized to your full financial picture.

Output from TaxHarvest is not investment advice, tax advice, accounting advice, or legal advice. Treat it the way you would treat output from a spreadsheet, calculator, or research tool: useful, but something you and a qualified professional should review before acting on.

You make the decision. You own the outcome.

Before placing any trade or filing any tax position based on output from the Services, you should:

  • Consult a qualified tax professional (CPA, enrolled agent, or tax attorney) about how the suggestion affects your tax situation, including positions across accounts we cannot see (spouse, IRA, 401(k), other brokerages).
  • Consult a qualified financial adviser if you have questions about whether a trade fits your investment plan, time horizon, or risk tolerance.
  • Independently review every trade preview at your brokerage before submitting it. The brokerage’s confirmed order is the trade — our suggestion is not.

By using the Services you accept that you are the decision-maker and that you are solely responsible for any trade, filing, or tax position that is submitted, including its consequences.

Specific risks you should understand

  • Market risk. Selling a position to harvest a loss takes you out of (or repositions you in) that security. Prices can move adversely between when a suggestion is generated and when a trade is executed.
  • Wash-sale risk. The wash-sale rule applies across all of your accounts, including accounts owned by your spouse and IRA accounts. TaxHarvest only sees what you connect. Replacement-security ideas are general; whether two securities are “substantially identical” is ultimately a judgment call for you and your tax professional.
  • Tax-law risk. Tax brackets, loss-deduction limits, and the treatment of specific transactions can change. Our calculations reflect general assumptions, not your actual return.
  • Estimate risk. Brokerage data feeds may be delayed or inconsistent with the broker’s official 1099. The 1099 controls your filing — not us.
  • Execution risk. When you enable automated trade placement, brokerage outages, slippage, partial fills, and order rejections are all possible. We do not control your brokerage’s order flow.
  • Software risk. Like any software, TaxHarvest can have bugs, calculation errors, or integration failures. Independently review every suggestion.
  • No guarantee of savings. No tax-loss harvesting strategy guarantees a tax benefit, and harvested losses can have unintended consequences (resetting holding periods, affecting future cost-basis-method choices, interacting with carryover losses).

Brokerage and data-provider relationships

TaxHarvest connects to your brokerage through third-party data providers (such as SnapTrade and Plaid) and, where you explicitly enable it, through cloud-browser automation. We do not custody your assets, we do not receive transaction-based compensation from any brokerage, and we do not share in your trading commissions. Your contractual relationship with your brokerage and your data provider is governed by their terms, not ours.

Limitation of liability — short version

We are not liable for losses, additional taxes, interest, penalties, or missed opportunities arising from decisions you make based on TaxHarvest’s output. The full limitation language is in §§ 9–10 of the Terms of Service and applies to your use of the Services. If you are not comfortable with that allocation of risk, do not use the Services.

Past performance, forward-looking statements

Any reference in the Services or on this site to historical tax savings, average customer outcomes, or projected savings is illustrative. Past performance does not guarantee future results. Your actual results depend on facts specific to you that we cannot verify.

Questions

For questions about these disclosures, email legal@taxharvest.ai. For tax or legal questions about your situation, please consult a qualified professional — we cannot answer those.