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CFS 941/940

What CFS 941/940 is
CFS 941/940 is after-the-fact payroll software for Windows that prepares employment tax forms and reports. Payroll or 1099-MISC data can be entered by paycheck, monthly, or quarterly, or imported from QuickBooks. The program calculates Social Security and Medicare and completes 941 Schedule B automatically. Payroll totals accumulate by quarter and year, flow to federal and supported state forms, and carry into later periods. It prints Forms 940, 941, 943, 944, and 945, plus summary reports. Listed approved state payroll forms print on plain paper, with generic quarterly printouts for other states; coverage includes 22 states. Federal employment tax returns can be filed electronically for free by manually uploading to the IRS MeF website. An optional network upgrade adds multi-user access, a central client database, configurable paths, and file locking. A first-time single-user purchase is $194, paid once; renewal is $184, paid once.
Who it suits
CFS 941/940 suits payroll professionals preparing federal and supported state employment tax forms on Windows. The network option may fit organizations needing shared access.
What it does well
- Imports QuickBooks data
- Automatic payroll tax calculations
- Prints major federal forms
- Free manual electronic filing
- Optional multi-user network upgrade
What to know first
- Windows software
- No free plan
- State coverage lists 22 states
- Network upgrade costs extra
Limits
The $194, paid once first-time plan is a single-user program. Multi-user access, central database features, configurable paths, and file locking require a network upgrade.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| 941/940 — Renewal | Renewal | $184, paid once |
| 941/940 PSAF — First-Time Purchase | Single-user program | $194, paid once |
| Payroll System PS Network Upgrade Only | Add to cost of single user program; one upgrade covers all programs within Payroll System | $234, paid once |
| 941/940 Renewal plus Network Upgrade | Renewal; includes Network Upgrade | $418, paid once |
| 941/940 PSAF plus Network Upgrade — First-Time Purchase | Includes Network Upgrade | $428, paid once |
As taxtools.com lists them, read 8 Oct 2026. The maker's own page has the final word.
Getting started
- Open the CFS 941/940 product website
- Choose a first-time purchase or renewal plan
- Install on a supported Windows system
- Enter payroll or 1099-MISC data, or import it from QuickBooks
- Add the network upgrade if multi-user access is required
- Prepare forms and upload federal returns manually to the IRS MeF website
Verdict
CFS 941/940 focuses on after-the-fact payroll entry, calculations, form printing, and filing support. Its pricing offers separate first-time, renewal, and network options, while state coverage is limited to the listed jurisdictions.
Questions
Does CFS 941/940 have a free plan?
No. The software is paid, with a 10.00 USD difference between the listed first-time and renewal prices.
How much does the first-time program cost?
The 941/940 PSAF first-time single-user purchase is $194, paid once.
Can it file tax returns electronically?
Yes. Federal employment tax returns can be filed electronically for free through manual upload to the IRS MeF website.
Which operating systems are supported?
The product supports Windows 11, 10, 8.1, 7 SP1, and specified Windows Server versions.
Does it integrate with other CFS programs?
CFS says it fully integrates with its W2/1099 and Payroll Corrector programs.
Facts from CFS 941/940's own pages
- Company
- CFS Tax Software, Inc. lists its office address as 1445 Los Angeles Ave., Suite 214, Simi Valley, California 93065. · taxtools.com, 8 Oct 2026
- Data carry-forward
- Payroll data accumulates into quarterly and yearly totals, flows to federal and supported state forms, and carries to future quarters and years. · taxtools.com, 8 Oct 2026
- Electronic filing
- Federal employment tax returns can be filed electronically for free through manual file upload to the IRS MeF website. · taxtools.com, 8 Oct 2026
- Forms and reports
- It prints Forms 940, 941, 943, 944, 945, and summary reports. · taxtools.com, 8 Oct 2026
- Hardware requirements
- CFS lists a minimum of 100 MB of hard drive space and processor and RAM appropriate for the operating system. · taxtools.com, 8 Oct 2026
- Headquarters
- Simi Valley, California, United States · taxtools.com, 28 Sept 2026
- Integrations
- CFS says 941/940 fully integrates with its W2/1099 and Payroll Corrector programs. · taxtools.com, 8 Oct 2026
- Network option
- The optional network upgrade provides multi-user access, a central client database, configurable directory paths, and file locking. · taxtools.com, 8 Oct 2026
- Payroll calculations
- The program automatically calculates Social Security and Medicare, and its 941 Schedule B calculates automatically. · taxtools.com, 8 Oct 2026
- Payroll entry
- Payroll or 1099-MISC data can be entered quarterly, monthly, or by paycheck, or imported from QuickBooks. · taxtools.com, 8 Oct 2026
- Platform requirements
- The product page lists Windows 11, 10, 8.1, 7 SP1, and specified Windows Server versions as supported operating systems. · taxtools.com, 8 Oct 2026
- Privacy and security
- CFS says it uses security measures including internal reviews, physical safeguards, monitored data centers, regular audits, and access restrictions for personal information. · taxtools.com, 8 Oct 2026
- Product type
- CFS describes 941/940 as after-the-fact payroll software. · taxtools.com, 8 Oct 2026
- Release schedule
- CFS says 941/940 is released in mid-January each year. · taxtools.com, 8 Oct 2026
- State forms
- The product prints listed approved state payroll forms on plain paper and provides generic quarterly printouts for other states. · taxtools.com, 8 Oct 2026
- Support
- CFS lists customer service and technical support at 800-343-1157 and office hours of Monday through Friday, 8:00 a.m.–4:30 p.m. PDT, extended to 5:00 p.m. in December and January. · taxtools.com, 8 Oct 2026
Where CFS 941/940 stands on Freedom251
- Payroll Tax Software#21 of 30