PowerPlan Tax Provision
powerplan.com
What it is
PowerPlan Tax Provision is a SaaS product for income tax provision aimed at tax departments in asset-intensive businesses. It handles complex ASC 740 and ASC 980 calculations, automates repetitive work, and eliminates manual reconciliations. Running on the PowerPlan NXT platform alongside Tax Fixed Assets, it automatically uses data from that product in provision calculations without exports, imports, or custom integrations. Its tax engine covers regulated and non-regulated income tax calculations. Built-in dashboards and Data Hub libraries support analysis, and the Data Hub includes outbound APIs for data extraction. The SaaS model delivers functionality enhancements and compliance updates through quarterly releases. PowerPlan describes SOC 2 Type II certified infrastructure with continuous monitoring, third-party audits, and security controls. Integration with a client identity provider is required; SAML 2.0 is used by all modules except specified LDAP-integrated modules. Managed cloud services are described, and live phone and online case support is available Monday through Friday from 8:00AM to 8:00PM ET. Pricing is available on request; the product page offers a demo request rather than a stated price.
Spec sheet
- Purpose
- PowerPlan Tax Provision is a SaaS solution for income tax provision, built for modern tax departments at asset-intensive companies.Read 2 Oct 2026 · powerplan.com
- Intended users
- PowerPlan describes the solution as designed for modern tax departments at asset-intensive businesses.Read 2 Oct 2026 · powerplan.com
- Integrations
- Robust data imports connect with tax information sources, including PowerPlan Tax Fixed Assets.Read 2 Oct 2026 · powerplan.com
- Security
- PowerPlan says it maintains SOC 2 Type II certified infrastructure with continuous monitoring, regular third-party audits, and security controls.Read 2 Oct 2026 · powerplan.com
- Support
- Live support is available Monday through Friday from 8:00AM to 8:00PM ET, with phone and online case support.Read 1 Oct 2026 · powerplan.com
- Headquarters
- Atlanta, Georgia, United StatesRead 28 Sep 2026 · powerplan.com
- AI controls
- PowerPlan says AI recommendations leave final decision authority with users and that AI features can be opted in or out of.Read 2 Oct 2026 · powerplan.com
- AI data policy
- PowerPlan says customer data is not used to train its foundational AI models and remains isolated for the customer.Read 2 Oct 2026 · powerplan.com
- Analytics
- The product provides built-in dashboards and Data Hub libraries for analysis.Read 1 Oct 2026 · powerplan.com
- APIs
- Data Hub includes out-of-the-box outbound APIs for data extraction.Read 1 Oct 2026 · powerplan.com
- Authentication
- PowerPlan requires integration with the client identity provider, with SAML 2.0 used by all modules except specified LDAP-integrated modules.Read 1 Oct 2026 · powerplan.com
- Automation
- The solution eliminates manual reconciliations and automates repetitive tasks.Read 1 Oct 2026 · powerplan.com
- Calculations
- It provides industry-standard regulated and non-regulated income tax calculations.Read 2 Oct 2026 · powerplan.com
- Company history
- PowerPlan says it has helped asset-intensive businesses for 30 years; the page does not give a founding year or headquarters.Read 2 Oct 2026 · powerplan.com
- Data flow
- Data from Tax Fixed Assets automatically feeds provision calculations without exports, imports, or custom integrations.Read 1 Oct 2026 · powerplan.com
- Data visibility
- Built-in dashboards and dedicated Data Hub libraries provide data visibility and support analysis.Read 2 Oct 2026 · powerplan.com
- Industries
- PowerPlan lists utilities, oil and gas, telecom, and transportation among the industries it serves.Read 2 Oct 2026 · powerplan.com
- Managed service
- The product page describes managed cloud services with support from PowerPlan experts.Read 2 Oct 2026 · powerplan.com
- Platform integration
- Tax Provision runs on the PowerPlan NXT platform alongside Tax Fixed Assets.Read 1 Oct 2026 · powerplan.com
- Pricing
- The product page offers a demo request and does not state a price.Read 2 Oct 2026 · powerplan.com
- Target customers
- PowerPlan describes Tax Provision as software for asset-intensive businesses and modern tax departments, including utility and energy companies.Read 1 Oct 2026 · powerplan.com
- Tax engine
- Its tax engine supports regulated and non-regulated income tax calculations.Read 1 Oct 2026 · powerplan.com
- Updates
- Its SaaS delivery model provides ongoing enhancements and regulatory updates without software upgrades.Read 2 Oct 2026 · powerplan.com
- Workflow benefits
- PowerPlan says the product helps teams reduce manual processing, improve accuracy, simplify audits, and close faster.Read 2 Oct 2026 · powerplan.com
Strong points and limits
Strong points
- Handles ASC 740 and ASC 980 calculations.
- Automatically feeds Tax Fixed Assets data into calculations.
- Includes dashboards, Data Hub libraries, and outbound APIs.
- Quarterly releases provide enhancements and compliance updates.
- Live phone and online case support is available.
Limits
- Pricing is available on request.
- Client identity-provider integration is required.
- Support hours are limited to weekdays, 8:00AM–8:00PM ET.
Who it suits
It is designed for modern tax departments at asset-intensive businesses, including utility and energy companies. Teams using PowerPlan Tax Fixed Assets may value the automatic flow of its data into provision calculations.
Verdict
PowerPlan Tax Provision is specified around income tax provision for asset-intensive organizations, with a direct Tax Fixed Assets data flow and quarterly updates. Buyers will need to request pricing and plan for identity-provider integration.
Where Specifiction places it
- Corporate Tax Software#15 of 257.2
- Tax Provision Software#11 of 167.1
Alternatives to PowerPlan Tax ProvisionAll alternatives →
Bloomberg Tax 8.3 Visit 
Alphatax 7.9 Visit