An alignment tool removably attachable to a bit (e.g. a drill bit) for aligning a workpiece to the bit. The tool has a bit grip or a bit clamp which may have a pair of bit grippers, an aligner, which may be a pointer supported by a pointer mount, a stylus or a laser, and a mechanical linkage of the bit grip to the aligner. When the aligner is aligned with a target, a tip of a bit clamped by the bit grip would also be aligned with that target. A first stylus link may be movably connected to a second stylus link at the pointer mount. The first and second stylus links may be pivotally connected to the bit clamp. The bit clamp, the first and second stylus links may cooperate to align a central axis of the pointer with a central axis of the bit.