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!
  
  

General Utilities and Retirement Calculations:

• 5 Year Federal/State Tax Planner
• After-Tax Loan Refinance Analysis
• After-Tax Yield Calculator
• Alimony Recapture
• Annuity - General & Simplified Rule
• Annuity - Joint/Survivor After 1997
• Annuity - New Simplified Rule
• AT&T Divestiture
• Auto Cents-Per-Mile Valuation Rule
• Auto Lease Inclusion Amount
• Auto Lease Valuation Rule
• Auto Lease vs Buy Comparison
• Auto Mileage and Expense Log
• Auto Sale - Gain/Loss Actual Expenses
• Auto Sale - Gain/Loss Std. Mile. Rate
• Auto Trade (3 modules)
• Bank Reconciliation
• Buy vs Lease - Equipment
• Cancellation of Debt Worksheet - Insolvency
• Canc. of Debt - Qual. Prin. Res. Indebtedness Wksht
• Cash T Analysis
• Client Contact Log Sheet
• Client Filing Instructions
• Client Tax Organizer
• College Fund Calculator
• College Savings Plans: 529 Plan vs Alternatives
• Dependency Support Worksheet
• Domestic Production Activities Wksht - Form 8903
• Education Credit and Deduction Analysis Worksheet
• Employee Time Sheet
• Estate Tax Calculator
• Fax Cover Sheet
• Foreclosure & Voluntary Conveyance
• Foreclosure - Two Loans
• Health Savings Account (HSA) Evaluator
• Hiring Your Dependent Child
• Home Loan Tracing Worksheet
• Income Statement - Tax/Financial
• Income Splitting for Community Property
• Installment Sale Income
• Interest Allocation (1st Yr. and Subsequent Yrs.)
• Invoice Generator
• IRA Calculator
• IRA Distribution Before Age 59 1/2
• IRA Distribution/Contribution/Basis
• IRA: Inherited IRA - Required Minimum Distr.
• IRA Minimum Distribution
• IRA Minimum Distribution - Multiple Acct Wksht
• IRA: Comparing the Roth IRA With Other IRAs
• IRA: Non-deductible IRA Basis Tracker
• IRA: Roth IRA Basis Tracker
• IRA: Phaseout Calculator
• IRA: Why Convert a Traditional IRA to a ROTH IRA?
• IRS/Custom Labels
• Individual 401(k) Plan Contribution
• Keogh/SEP Combined Plan Calculator
• Keogh/SEP/401(k) Calculator
• Keogh/SEP Single Plan Calculator
• MACRS Depreciation
• Missing Information Sheet (4)
• Mutual Fund Basis Calculator
• Net Operating Loss
• Net Worth Statement
• NOL Carryback/Carryover
• Occupational Deductions for Airline Personnel
• Occupational Deductions for Auto Salespersons
• Occupational Deductions for Business Professionals
• Occupational Deductions for Clergy
• Occupational Deductions for Constructions Workers
• Occupational Deductions for Day Care Providers
• Occupational Deductions for Direct Sellers
• Occupational Deductions for Educators
• Occupational Deductions for Entertainers
• Occupational Deductions for Fire Fighters
• Occupational Deductions for Law Enforcement
• Occupational Deductions for Long Haul Truckers
• Occupational Deductions for Medical Professionals
• Occupational Deductions for Realtors
• Occupational Deductions for Self-Employed Individuals
• Occ. Deds. for Vehicle, Travel and Entertainment Exp.
• Occupational Deductions for Hairstylists/Manicurists
• Original Issue Discount (OID) Calculator
• Paycheck Withholding Calculator
• Paycheck Withholding: CA 2011 10% Over W/H DE 4 Adj.
• Qualify for Home Purchase
• Qualified Loan Limit & Mortgage Interest
• Quick Memo
• Rental Property Setup
• Repossession of Personal Property
• Repossession of Real Property
• Sale of Personal Residence Planner
• Sale of Rental Property
• Small Business Health Care Tax Credit Worksheet
• Social Security: Take It at Age 62 or Later?
• Social Security Benefits - Joint Survivor Options
• Social Security/RRB Taxability and Lump Sum Wksht
• Social Security Optimization
• Special Avg for Lump Sum Distrib.
• Statement of Account
• State Sales Tax Ded. Calc. & Comp. to Inc. Tax Ded.
• Tax Benefit Rule
• Tax Credit and Deduction Phase-out Calculator
• Tax Deferred Exchanges
• Tax Deferred Exchange (1 page)
• Tax Fee Schedule and Justifier
• Time Share Ownership Compared to a Vacation Rental
• To Do List
• Vacation Home Rental Worksheet
• Why Invest in a 401(k)?

Flowcharts:

• Child: Uniform Definition of a 'Qualifying Child'
• Child Care Credit - Who Qualifies (2)
• Children's Income on Parents Return
• Commuting and Travel Expenses
• Credit for the Elderly or Disabled
• Dependency Exemption
• Earned Income Credit (2)
• Educational Expenses
• Employee Business Expenses
• Estimated Taxes
• Filing Status
• Foreign Earned Income Exclusion
• IRAs Deductible
• IRAs Inherited (2)
• Kiddie Tax
• Like-Kind Exchanges
• Material Participation Rules
• Meal & Entertainment Expenses
• Mortgage Interest - Deductible
• Moving Expenses
• New EIN: when does an entity need one?
• Office in Home
• Payroll taxes for family members
• Payroll Deposits
• Points - Deductible
• Real Estate Professional
• Resident or Nonresident Alien
• Student Loan Interest Deduction
• Support Test
• Vacation Home Rules
• U.S. Savings Bond Interest
• W-4 Withholding

Federal Forms:

• 56 (Notice Concerning Fid. Relationship)
• 211 (App. for Reward for Original Info.)
• 433-A (Collection Info. for Individuals)
• 433-B (Collection Info. for Businesses)
• 433-D (Installment Agreement)
• 433-F (Collection Info. Statement)
• 656 (Offer In Compromise)
• 656-L (OIC, Doubt as to Liability)
• 656-PPV (OIC - Periodic Payment Voucher)
• 843 (Claim for Refund/Abatement)
• 907 (Agreement to Extend the Time to Bring Suit)
• 911 (App. for Taxpayer Assistance)
• 952 (Consent To Ext. Period of Limit. on Assess... )
• 966 (Corp. Dissolution or Liquidation)
• 982 (Reduction of Tax Attributes)
• 1040-ES (Est. Tax for Individuals)
• 1041-ES (Est. Tax for Fiduciaries)
• 1045 (Net Operating Loss)
• 1120-H (Return for Homeowners Assoc.)
• 1139 (Corp. Appl. for Tentative Refund)
• 1310 (Refund for Deceased Taxpayer)
• 2553 (S Corporation Election)
• 2848 (Power of Attorney)
• Power of Attorney-Rep. Statement of Withdrawal
• Power of Attorney-Taxpayer Statement of Revocation
• 3115 (Change in Accounting Method)
• 3911 (Statement Regarding Refund)
• 4506 (Request for Copy of Tax Return)
• 4506T (Request for Transcript of Tax Return)
• 4506T-EZ (Short Form Request for Ind. Transcript)
• 4768 (Appl. Ext. Time to File a Return)
• 4810 (Request for Prompt Assessment)
• 4852 (Substitute W-2 Generator)
• 4868 (Automatic Extension)
• 5213 (Elect. to Postpone Det. for Profit)
• 5500-EZ (Ann. Ret. of One-Part. Retirement Plan)
• 5558 (Ext. to File Emp. Plan Return)
• 7004 (Corporate Extension)
• 8275 (IRS Disclosure Statement)
• 8300 (Rpt. of Cash Payments >$10,000)
• 8332 (Rel. of Claim to Exemp. for Child)
• 8379 (Injured Spouse & Claim Allocation)
• 8594 (Asset Acquisition Stmt. Sec.1060)
• 8633 (Application for Electronic Filing)
• 8716 (Election for TY other than Req. TY)
• 8809 (Extension of Time to File Info. Ret.)
• 8821 (Tax Information Authorization)
• 8822 (Change of Address)
• 8857 (Req. for Innocent Spouse Relief)
• 8867 (Paid Preparer's EIC Checklist)
• 8868 (App. for Ext. To File Exempt Org. Ret.
• 8919 (Uncollected SS and Medicare Tax on Wages)
• 9423 (Collection Appeal Request)
• 9465 (Installment Agreement Request)
• 12153 (Req. for a Coll. Due Process Hearing)
• 12203 (Request for Appeals Review)
• 12507 (Innocent Spouse Statement)
• 12508 (Questionnaire for Non-Requesting Spouse)
• 12509 (Statement of Disagreement)
• 13711 (Req. for Appeal of Offer in Comp.)
• 13844 (App. for Red. User Fee For Inst. Agree.)
• I-9 (Employment Eligibility Verification)
• SS-4 (Application for EIN)
• SS-5 (Application for SSC)
• SS-8 (Determination of Worker Status)
• TD F 90-22.1 (Report of Foreign Bank)
• W-4 (Emp. Withholding Allowance Cert.)
• W-4P (Withholding Cert. Pension/Annuity)
• W-4V (Voluntary Withholding Request)
• W-7 (App. for Taxpayer ID Number)
• W-9 (Request for Taxpayer ID Number)
• W-10 (Dependent Care ID & Cert.)
• W-12 (IRS Paid Preparer Tax ID No. (PTIN) App.)

State Forms:

• 100-ES (Corp. Est. Tax - CA)
• 540-ES (Est. Tax Ind. - CA)
• 541-ES (Est. Tax Fid. - CA)
• 593-E (Real Estate W/H - Comp. of Est. G/L - CA)
• 743 (Online Account View Access Auth. - CA)
• 911 (Req. for Relief from Hardship - CA)
• 3516 (Req. Copy - CA)
• 3519 (Automatic Ext. - CA)
• 3520 (FTB POA - CA)
• 3522 (Limited Liability Tax Voucher - CA)
• 3525 (Substitute W-2 - CA)
• 3533 (Change of Address - CA)
• 3536 (Estimated Fee for LLCs - CA)
• 3539 (Corp. Ext. Filer - CA)
• 3561 (Collection Info - CA)
• 3563 (Auto. Ext. for Fiduciaries - CA)
• 3567 (Installment Agreement Req. - CA)
• 4905BE (Offer in Compromise - Business Entity - CA)
• 4905PIT (Offer in Compromise - CA)
• 8454 (E-file Opt-Out Record - CA)
• 8633 (App. to Part. in the e-file Program - CA)
• CDTFA-392 (POA - CA)
• CDTFA-401-DS (Use Tax Return - CA)
• CDTFA-490 (Offer in Compromise Application - CA)
• CDTFA-490-C (OIC App. for Corps and Bus - CA)
• DE-1 (Appl. for EIN - CA)
• DE-1HW (Reg. Emp. HH Wkr. - CA)
• DE-4 (Emp. W/H Cert. - CA)
• DE 4P (W/H Cert. for Pension/Annuity - CA)
• DE-24 (Change of Address - CA)
• DE-34 (New Employees - CA)
• DE-48 (Power of Attorney EDD - CA)
• DE-89 (Emp. of HH Wkr. Elect. - CA)
• DE 542 (Report of Ind. Contractor(s) - CA)
• DE 999 (Request for Offer in Compromise - CA)
• DE 999A (Offer in Compromise Application - CA)
• DE 999B (Offer in Compromise Financial Statement - CA)
• DE 999CA (Multi-Agency Form for OIC - CA)
• DE 999D (Installment Plan Agreement - CA)
• DE 2251a (Affidavit of Mailing - CA)
• DR-835 (Power of Attorney and Decl. of Rep. - FL)
• IL-2848 (Power of Attorney - IL)
• IL-4506 (Request for Copy of Tax Return - IL)
• 151 (Power of Attorney Authorization - MI)
• M-5008-R (Appointment of Taxpayer Representative - NJ)
• CT-6 (S Corp Election - NY)
• DTF-4 (OIC, For Liabilities Not Fixed and Final ... - NY)
• DTF-4.1 (OIC Fully Determined Liab., For Fixed ... - NY)
• DTF-14/14.1 (POA - NY)
• DTF-17 (Sales Tax Appl. - NY)
• DTF-95 (Business Tax Account Update - NY)
• DTF-96 (Rep. of Address Change for Bus. - NY)
• IT-2105-MN (Est. Tax Paymnt. Vch. - NY)
• NYS-100 (Emp. Reg. for UI, W/H, and Wage Rep. - NY)
• TR-152 (Request for Copy of Filed Tax Return - NY)
• TBOR-1 (Declaration of Tax Representative - OH)
• 150-800-005 (Tax Info Auth and POA for Rep - OR)
• 01-137 (Limited Power of Attorney - TX)

Financial Calculations:

• After-Tax Yield Calculator
• Retirement Income Planner
• Investment: Unknown Variable
• Investment: Inv. Goal (FV of Annuity or Lump Sum)
• Investment: Regular Deposit Amount (Sinking Fund)
• Investment: Init. Inv. (PV of a Future Lump Sum)
• Investment: Length of Inv. (Term of Annuity)
• Investment: Rate of Return
• Investment: PV of an Annuity
• Loan: Payment Amount (Standard Loan Amort.)
• Loan: Irregular Loan Amortization
• Loan: After-Tax Loan Refinance Analysis
• Loan: Biweekly Loan Conversion
• Loan: Effect of a Lump Sum Payment
• Loan: Interest Rate
• Loan: Length of Loan
• Loan: Principal Amount
• Loan: Unknown Variable
• Loan: Comp of Fixed Rate Loan to ARM to Int. Only ARM
• Loan: Reverse Mortgage Estimator