"[CFS is] the most fantastic program maker in the world."
Robert Bickford, Daly City, CA
TaxTools ™
Powerful Tax Planning, Retirement, and Financial Utilities, PLUS Tax Forms and Flowcharts
Purchase Options
TaxTools $199.00Buy Now
TaxTools Renewal $169.00 Renew
TaxTools plus Network Upgrade$349.00Buy Now
TaxTools Renewal plus Network Upgrade$319.00 Renew
TaxTools Network Upgrade Only
(For customers who already own TaxTools Single User version)
$150.00Buy Now
Screenshots
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FeaturesGeneral UtilitiesFlowchartsFederal FormsState FormsFinancial Calculations
CFS TaxTools ™ is the most widely used program of its kind in the tax profession!
Released in January of each year
Features:
  • Worksheets print with the client's name and your firm name in a professional quality format. Include them as attachments to the tax return or present to the client with an invoice, which can also be generated by TaxTools.

  • Hundreds of tax forms included (many not found in tax preparation software), such as SS-4, Power of Attorney and Offer in Compromise.

  • Client information is mapped directly onto the form. Multiple versions of a form may be saved for a client. Forms print exactly as they appear on screen. Most forms can be e-mailed as a PDF.

  • Handy financial calculators, including Mutual Fund Average Cost Basis and several Loan and Investment modules.

  • Flowcharts allow you to answer a series of questions to determine filing status, inherited IRA options, whether the taxpayer falls under the "Kiddie Tax" rules, etc. Update from the internet when forms or laws change.

  • Data backup and restore. Save clients to any type of storage device and easily retrieve them with a few clicks.

  • Client and preparer database. Add an unlimited number of clients, employees, and preparers. Easily manage them with our intuitive interface.

  • Tutorial & context sensitive help. Watch a movie with step-by-step instructions on how to use various parts of the program. Or, get help on-the-fly as you use each module.

  • Federal/State Planner and over 300 modules, including:
        78 General Utilities
        38 Flowcharts
        141 Fill-in Forms
        24 Retirement Calculations
        23 Financial Calculations

  • Imports clients from a variety of formats:
        Lacerte ®
        TaxWorks ™
        ProSystem fx ™
        CFS programs
        ASCII files

  • Federal/State Tax Planner -
    Comprehensive 5-year or 5-scenario tax planner can be used to do tax calculations or do projections based on "what-if" scenarios. Includes:
        AMT
        SE Tax
        Phase-outs
        EIC
        Child Tax Credit
        Dependent Care Credit

  • Save valuable time during tax season and throughout the year with easy-to-use modules, such as:
        Minimum IRA Distribution
        Estate Tax Calculator
        Tax Deferred Exchanges
        Auto Lease Inclusion Amount...and more!

What's New:
  • TaxTools now has an Auto Mileage and Expense Log, a Domestic Production Activities Worksheet (Form 8903), an Employee Time Sheet, General Ledger and Forms 1040EZ-T, 13711, 13844, and CA DE 999CA.

  • The Federal/State Tax Planner now has the ability to display certain key amounts at the top of all screens, allowing you, as you change numbers, to watch as the results change (AGI, Total Tax, AMT, etc.).

pdf Sample Printout
pdf View Flyer
update Download Demo
System Requirements
  • OS: Windows 8, Windows 7, Windows Vista, Windows XP, Windows Server 2008, Windows Server 2003
  • Processor and RAM appropriate for the operating system
  • Minimum 100MB hard drive space
  • Windows printer and a CD-ROM drive