Compare CFS TaxTools vs. FreshBooks

If you wish for an efficient Tax Software product for your company you must invest time and assess various solutions. It doesn’t have to be difficult, and can be as quick as matching their features in a table like the one below. You will also get a quick idea how each product operates. For example, on this page you can see FreshBooks’s overall score of 9.8 and compare it against CFS TaxTools’s score of 6.8; or FreshBooks’s user satisfaction level at 99% versus CFS TaxTools’s N/A% satisfaction score. The contrast will help you find out the good and bad points of each program, and decide which one fits you requirements better. On top of the rich features, the application that is easy to understand and use is always the better choice. Our experts made sure to prepare reviews of all popular Accounting Software services that you can find on the market, but among all the ones we reviewed these three caught our special attention: Zoho Books, FreshBooks, Sage 50cloud.

CFS TaxTools




CFS TaxTools screenshot FreshBooks screenshot
Pricing Page

Our Score

Our Score

6.8 ?

Our Score

9.8 ?

Customer Experience

Customer Experience

Customer Experience

N/A% ?

Customer Experience

99% ?





Price Scheme

Price Scheme

One-time payment | Annual Subscription | Quote-based Monthly payment | Annual Subscription
Full Review

Full Review

General Description

General Description

CFS TaxTool is a feature-complete solution that encompasses all essentials for tax calculation and financial planning at a low cost.
FreshBooks is the winner of our 2017 Best Accounting Software Award. It is a great cloud accounting app for small business that makes billing easy and effective.
Quick Links
Customer Support

Customer Support

Phone Live Support
Phone Live Support
Ticket Training
Pricing Page

Pricing Page

Learn more about CFS TaxTools pricing Learn more about FreshBooks pricing
Company Email

Company Email
Supported Integrations

Supported Integrations

No information available.

FreshBooks integrates with the following business systems and applications:

  • Google Apps for Work
  • Gusto
  • OneSaas
  • Shopify
  • Stripe
  • Capsule
  • Acuity Scheduling
  • hurdlr
  • You don’t need a CRM!
  • Yalla
  • 123 Form Builder
  • Revamp CRM
  • EazyBI
  • Zapier
  • HubSpot
  • Braintree
  • Solve
  • Zendesk
  • LiveChat
  • Automatic
  • MileIQ
  • ReceiptBank
  • Xpenditure
  • Wufoo
  • MailChimp
  • PayPal
  • Basecamp
  • Citrix Podio
  • Bidsketch
  • Proposify
  • Blacktimer
  • Chrometa
  • ChronoMate
  • Hours
  • toggl
  • Avalara TrustFile
  • RightSignature
Devices Supported

Devices Supported

Client Types

Client Types

Small Business | Medium Business Small Business | Freelancers
Available Plans

Available Plans

CFS TaxTools is available to first-time users for $199, and renewing the license annually is possible at a discounted price of $179. One CFS TaxTools license is usable by multiple computers in one location under the same company name.

For companies operating in multiple locations, the vendor requires purchasing a program license for each area. Good news is that the company offers a multi-program discount.

Similarly, getting CFS TaxTools alongside a network update, which costs $374, allows users to utilize the software on multiple computers on a single LAN or Wan, and those running it on multiple locations can avail the network licenses at a discounted price. For those who already own the single user version, the TaxTools network upgrade costs $175. Meanwhile, renewing CFS TaxTools and its network upgrade costs $354.

Below are all the enterprise pricing details for CFS TaxTools:

  • TaxTool: $199
  • TaxTools Renewal: $179
  • TaxTools plus Network Upgrade: $374
  • TaxTools Network Upgrade Only: $175
  • TaxTools Renewal plus Network Upgrade: $354

FreshBooks offers a flexible SMB and enterprise pricing scheme where plans are tailored to suit the needs of every business or small accounting team. What is more, the company offers a 30-day free trial where you can examine the features prior to choosing the most suitable plan. The difference between plans depends on the number of active clients you intend to bill, while functionalities remain the same allowing you to:

  • Customize and send unlimited invoices
  • Invoice status tracking and updates
  • Automatic late payment reminders and fees
  • Easily accept online credit card payments
  • Easily add and categorize expenses
  • Track your time by project and clients
  • Clear and simple reports and dashboards
  • Work on any device – computer, tablet or mobile
  • Data that’s 100% secured and automatically backed up

These are the pricing details for each available plan:

Lite – $15/month

  • Bill up to 5 active clients

Plus – $25/month

  • Bill up to 50 active clients

Premium – $50/month

  • Bill up to 500 active clients

Note that the company also offers discounts for annual payment.

Vendor's Address

Vendor's Address

1445 Los Angeles Ave., Ste. 214
Simi Valley CA 93065
35 Golden Avenue, Suite 105
Toronto, ON M6R 2J5
Prominent Clients

Prominent Clients

Chocosol, Giant Robot Engine, InfluAds, Mimic Interactive
Contact No.

Contact No.

+1-800-343-1157 +1-866-303-6061
Languages Supported

Languages Supported

English English, Dutch, Polish, Turkish, Swedish
List of Features

List of Features


  • Vast catalogue of federal and state tax forms
  • Flowcharts to understand filing status
  • Financial calculators
  • Directly map client information on forms
  • Present tax returns with an invoice
  • Print worksheets with client’s name and user’s firm name
  • Database for clients and preparers
  • Easy data backup on any storage device
  • Email forms in PDF format
  • Import clients in multiple formats
  • Project tax calculations up to five years


Online Invoicing
  • Customizing your invoice
  • Tracking Invoice Views
  • Puting Business on Auto-Pilot
  • Getting paid with deposits
  • Getting paid with credit cards
  • Customizing due dates
  • Quick discounts
  • Estimates
  • Online Payments
  • Late Payment Fees
  • Recurring Invoices & Auto Payment
  • Multi Currency & Multi Language
  • Client Portal
  • Late Payment Reminders
  • Sales Taxes
  • Client Credit
  • Track Offline Payments
  • Send Emails or Snail Mail
  • Automated Tax Circulations
  • Invoice Previews
  • Knowing when the customer has seen the invoice
Expense Tracking
  • Automatic expense import
  • Snaps
  • Tracking spending per project
  • Remember vendors
  • Tax friendly categories
  • Easy-to-read categorization
  • Attach receipts (PDF or Image)
  • Expense Report Filters
  • File import
  • Recurring Expenses
  • Assign & Rebill Expenses
Time Tracking
  • Timer
  • Team timesheets
  • Clear breakdown of the day
  • Tracking against clients and projects
  • Detailed Time entry notes
  • Automated bills for tracked hours per project
  • Project Managers
  • Track Unbilled Time
  • Different Rates for each Project
  • Generate Invoices
  • Sharing images and files
  • Collaborating with clients, contractors, and employees
  • Project due dates
  • Centralized conversations
  • Current Project overviews
  • MasterCard, Visa, and American Express
  • Quick bank deposits
  • Automatically recorded payments
  • Fees recorded as expenses
  • Single-click setup
  • Safe & secure
  • Simple payment experience
Accounting Reports & Taxes
  • Accounts Aging
  • Profit & Loss
  • Balance Sheet
  • Expense Reports
  • Item Sales
  • Sales Tax
  • Export to CSV or Excel
  • Invoice Details Reports
  • Accounts Aging Reports
  • Filters for report customization
  • Summary of outstanding revenue
  • Clear spending breakdowns
Product Comparisons

Product Comparisons

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Popular Alternatives

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In the event you continue having doubts about which service will be best for your business it might be a sensible idea to check out each service’s social metrics. Such metrics are frequently a way to see how popular each app is and how large is its online presence. For example FreshBooks Twitter profile has currently 30057 followers. At the same time CFS TaxTools Twitter is followed by 139 users.