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In this issue:
is now on Facebook and Twitter!
Links to our Facebook and Twitter pages can also be found at the bottom of our home page, www.taxtools.com.
is running out for early renewal discounts!
The quickest, easiest way to renew is by using your MyCFS online account.
NOTE: If you renew online, you do not need to return the paper renewal form.
to avoid sales tax by downloading CFS software?
Seems simple, doesn’t it? It is—if you are only purchasing one program. However, because most of our programs come on one Multi-Program CD, you may be charged sales tax on a downloaded program if you purchase a CD, even if you purchase the CD for a different program at a different time.
If, for example, you purchase TaxTools in January and download the program from the Internet, you will not be charged sales tax. However, when it comes time to buy CA Sales Tax Preparer in February, let’s say you decide to purchase the program on CD. Of course, you would expect to pay sales tax on CA Sales Tax Preparer. However, you probably did not realize that, because TaxTools is on the same CD, we must also retroactively collect sales tax on your previous purchase of TaxTools.
If you are a California resident or are purchasing software at a seminar in a state where you reside, the following rule applies to all CFS software that is sold on the Multi-Program CD (i.e., everything but Tax Research and Fill-N-Print): if you purchase any program on CD, we must charge you the applicable sales tax on every program you have purchased—or purchase in the future—that is also contained on that CD, even if you download it.
If you wish to avoid paying sales tax, make sure you download all of your CFS software!
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