Article summary
Every year, the tax campaign takes up a lot of time for wealth management firms: re-entering data, manual calculations, online tax filings. This article presents concrete automation levers: centralizing wealth data, automatic transfer to the tax module, importing the pre-filled tax return, assisted tax optimization, and direct online filing. It draws on the features of Big software to illustrate each lever, and on Fidnet for researching tax and legal answers. Goal: save time without losing reliability.
Why does the tax campaign remain time-consuming for a wealth management firm?
A wealth management firm handles dozens, sometimes hundreds, of tax files each year. Three factors explain the workload:
- wealth data is entered multiple times (assets, budget, taxation).
- tax returns (French Tax Forms 2042, 2044, 2074, 2047, 2072, IFI) require high vigilance on complex cases.
- tracking the online filing until it is accepted by the tax authorities adds an extra step.
Automating this process does not remove advisory work. It removes repetitive tasks so that the advisor’s time is focused on analysis and recommendations.
Centralizing the client’s wealth and tax data
The first building block of automation is entering information only once. A wealth management tool like Big makes it possible to:
- reconstruct the client’s career by importing the pension statement (French RIS – relevé de situation).
- create a client file using 4 methods: manual entry (standard or guided), import from O2S, an Information Collection Document (fillable PDF completed by the client), or reuse of an existing file.
- represent assets and liabilities, income and expenses, with a level of detail sufficient for tax purposes.
- automatically transfer budget and wealth data to the tax module, without re-entry.
Two integrations reinforce this centralization:
| Source | Benefit |
| O2S (wealth CRM) | Two-way export and synchronization of client files, without re-entry |
| MoneyPitch (collaborative portal) | The client updates their information and aggregates external accounts; the tax file stays up to date |
This centralization then feeds directly into returns 2042, 2044, 2074 (income), and 2047 (foreign income), 2072 (SCI – French real estate holding company) and the IFI (wealth tax).
Automating tax calculation and filing
Big covers the entire filing cycle:
| Function | Benefit for the firm |
| Import of the pre-filled tax return from the tax authorities | Eliminates manual re-entry of known income |
| Centralized IR (Income tax) and SCI (French real estate holding company) tax files | Single view per tax household, including SCI structures |
| Dedicated SCI module (form 2072) | Management and online filing of SCIs directly from the client file |
| Tax dashboard (Summary, Detailed results, Online filing) | Immediate view of taxation and optimization opportunities |
| Detailed results page | Expert breakdown of the income tax calculation: reductions, tax credits, social contributions |
| Automatic audit of tax returns | Alert if a selected option is not optimal |
| Direct EDI online filing | Secure submission to the tax authorities, tracked through to acceptance |
| Corrective online filing | Quick correction in case of an error after submission |
The returns covered range from common to more specific cases: 2042, 2044, 3916, 2074, 2047, 2072 (SCI), IFI, 2086, and foreign digital asset accounts (3916 bis).
Big is also the only software with official status to generate documents approved by the tax authorities.
Automating tax optimization
Automation is not limited to filing. It also includes recommendations. In Big:
- automated choice between flat tax (PFU) and progressive scale, micro-property regime and actual regime, with an alert if the selected option is not the most advantageous.
- gauges tracking tax-reduction caps: overall cap on tax benefits, retirement savings caps.
- detection of possible deductions, tax credits and tax obligations.
- simulators connected to the client file, with tax data always up to date: life insurance (surrenders, annuity payout), real estate (unfurnished rental, furnished rental, SCPI – real estate investment trusts), PER and Madelin retirement plans, diagnosis of executive status and compensation.
- IFI and IR simulation incorporating the effects of the latest Finance Act.
This step turns the tax return into a commercial touchpoint. The advisor identifies an optimization opportunity during the campaign, without additional research.
Finding a reliable tax answer in the middle of the campaign, with Fidnet
An automated calculation does not always answer a substantive question: a client case falls outside the standard framework, a tax rule changes, a point of doctrine remains uncertain. This is where Fidnet, Harvest’s wealth management resource database, comes in.
During the tax campaign, Fidnet provides three concrete answers to the advisor:
- Q&A: practical answers to recurring Hotline questions, backed by legal and case-law references. Useful for resolving an atypical case without manual legal research.
- expert docs: all the information needed to practice wealth management day to day, with legal and case-law sources, updated regularly. Useful for confirming an answer before giving it to the client.
- AI-powered search: the assistant directly accesses the necessary resources and returns a structured answer, without manual searching through documentation. Each answer points to the original source for verification.
Fidnet covers a broad tax and wealth management scope: personal taxation, tax reduction schemes, professional taxation, estate transmission, retirement, investments, non-trading companies (société civile), international matters, property and casualty insurance (IARD), among others.
In addition, a wealth management hotline remains available for a direct discussion on a specific topic, with same-day online appointment booking. Fidnet thus turns a passing doubt into a documented answer within minutes, without interrupting the processing of ongoing files.
Streamlining online filing and client follow-up
Once the return is validated, automation continues through submission and follow-up:
- secure online filing sent directly to the tax authorities, with an extended filing deadline for firms that file online through Big.
- full tracking: checking, validation, follow-up through to acceptance.
- can be submitted as a third-party filer or validated by the end client on their own portal.
- free choice of EDI partner: integrated tax portal, connection to a third-party partner, or manual production of EDI files.
- corrective online filing in case an error is detected after submission.
This flexibility is useful for firms handling a large volume of files during the filing period.
Staying up to date without manual monitoring
Big is automatically updated every year to incorporate regulatory changes: tax scales, caps, new form lines (for example, energy renovation work on form 2072).
Fidnet complements this with monitoring and education: legal and tax news selected by wealth management engineers, personalized topic alerts sent to the advisor’s contacts, and client-ready documents available in one click (summary, presentation, illustration). The advisor stays informed without manual monitoring and can alert clients at the right time about a change that directly affects them.
Saving time without losing reliability
Four benefits emerge from automating the tax campaign:
- mastery of complex tax situations, without repeated manual research.
- significant time savings during the filing period (average time for a full wealth analysis: 2 to 4 hours, including data entry).
- reliable, sourced answers to atypical questions, via Fidnet, without leaving the client file.
- continuous updates to the tools with the latest regulatory changes.
The advisor remains responsible for the analysis and the recommendation. The tools handle the data collection, calculation, documentary research and submission.
Frequently asked questions
Which tax returns can be automated for a CGP client? The common returns concerned are income tax (2042, 2044), the IFI (wealth tax), foreign income (2047), SCIs (2072) and foreign digital asset accounts (3916-3916 bis).
Does wealth data need to be re-entered for the tax return? No. Once wealth and budget data is entered into the wealth management tool, it transfers automatically to the tax module. Integrations such as O2S or a collaborative client portal like MoneyPitch further reduce upfront re-entry.
How can a reliable tax answer be found quickly during the campaign? Fidnet centralizes answers to recurring tax and wealth management questions, with legal and case-law sources, and offers AI-powered search to find information without manually searching through documentation.
Can online filing be tracked through to acceptance? Yes. Tracking covers checking, validation and acceptance by the tax authorities, with a free choice of EDI partner and a corrective filing option in case of error.
Does automation replace the CGP’s advisory role? No. It removes repetitive data entry, calculation and documentary research tasks, so the advisor can spend their time on analysis and tax optimization recommendations.
In summary
Automating a CGP firm’s tax campaign rests on four pillars: centralizing wealth data, automating calculation and filing, access to reliable tax answers via Fidnet, and digitized tracking of online filing. Big and Fidnet concretely illustrate these pillars, from the client file through to acceptance of the online filing, including securing complex cases. Result: less re-entry, fewer errors, more time for advisory work.