CFS TaxTools is Windows software for tax planning, retirement and financial utilities, tax forms, and flowcharts. Its Federal/State Tax Planner supports calculations and projections across five years or five scenarios. Financial tools include mutual fund average cost basis, loan, and investment modules. Client information can be mapped to forms, multiple versions can be saved for a client, and most forms can be emailed as PDFs. The client and preparer database supports unlimited clients, employees, and preparers. TaxTools imports client data from Lacerte, TaxWorks, ProSystem fx, CFS programs, and ASCII files. It also includes backup and restore and can save client data to any type of storage device. Listed Windows requirements include Windows 11, 10, 8.1, 7 SP1, and specified Windows Server versions. Purchase choices include an annual renewal at $229.00 USD per once, a first-time single-user purchase at $239.00 USD per once, and a subscription at $19.92 USD per month, billed up front for a typical 12-month term. CFS also offers free tools and demo mode.
Who it is for
Tax preparers who use Windows and need tax-planning projections, client forms, financial utilities, and imported client data may find TaxTools relevant. Its unlimited client and preparer capacity may suit practices managing many records.
What is good
- Planner supports five-year or five-scenario projections.
- Database supports unlimited clients, employees, and preparers.
- Imports from named tax programs and ASCII files.
- Includes data backup and restore.
- Free tools and demo mode are available.
What to know first
- Listed platform is Windows.
- Annual renewal costs $229.00 USD per once.
- First-time single-user purchase costs $239.00 USD per once.
- Subscription is billed up front for a typical 12-month term.
Verdict
TaxTools brings tax-planning scenarios, financial utilities, form handling, and client-data imports to Windows. Review the purchase options and system requirements to identify a suitable version.
CFS TaxTools plans and pricing
All plansCompared on tax planning software
- Free plan
- No
- Scenario modeling
- Yes
- Multi-year projection
- Yes
- Capital gains modeling
- Yes
- Retirement income modeling
- Yes
- Data import
- Yes
