"You are really, really an excellent firm. Your product is good… your technical support is great… I really appreciate deal with firms like yours." Gregory H. Dwulet, Lock Haven, PA
TaxTools ™
Powerful Tax Planning, Retirement, and Financial Utilities, PLUS Tax Forms and Flowcharts
Purchase Options
TaxTools
First-Time Purchase
$218.00Buy Now
TaxTools Renewal $208.00 Renew
TaxTools plus Network Upgrade
First-Time Purchase
$412.00Buy Now
TaxTools Renewal plus Network Upgrade$402.00 Renew
TaxTools Network Upgrade Only
(For customers who already own TaxTools Single User version)
$194.00Buy Now
Specials
New users: get 2022 and 2023 for $218.00 !

Screenshots
Screenshot1  Screenshot2  Screenshot3
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
pdf Sample Printout
pdf View Flyer
update Download Demo
System Requirements
  • OS: Windows 11, Windows 10, Windows 8.1, Windows 7 SP1, Windows Server 2022, Windows Server 2019, Windows Server 2016, Windows Server 2012, Windows Server 2008 R2 SP1
  • Processor and RAM appropriate for the operating system
  • Minimum 100MB hard drive space