Warning

Product support for ToolBox CS ended on October 31, 2022.

Help & How-To Center content for ToolBox CS may be outdated and is used at your own risk.

Use this step by step guide to walk you through the process, to install and configure the setup options to customize Toolbox CS for your needs.

Required

We recommend identifying a product champion in your firm to be your "go-to" person for Toolbox CS. To setup Toolbox CS, complete the following steps in order. 

Step 1: Install Toolbox CS and configure your environment

1. You will want to work with your IT professional to make sure your environment meets our system requirements.
2. Configure your Antivirus and Firewall to stay protected without compromising performance, function or stability.
3. Follow the Toolbox CS Installation Instructions to install Toolbox CS.

Step 2: Staff Setup

• Enter your Staff Information

Use the Options section in the staff setup to turn on settings that allow staff members to be consistent in their work.

Step 3: Client Setup

• If you are licensed for UltraTax CS and/or Practice CS, you can import clients into Toolbox CS.
• Otherwise, create a new client.

Best Practices

Toolbox CS has an extensive variety of items you can use in your client database. You can find these items in the Navigation Pane organized into categories like Financial Calculators, Tax Forms, Office Documents, Tax Organizers, etc.. 

Updated Tax Cuts and Jobs Act materials

Ccalculators, worksheets, and flowcharts have been added to Toolbox CS in response to the Tax Cuts and Jobs Act. You can access these tools by searching “TCJA” in the Find Tool For search field and selecting Go to for any items labeled “post TCJA”.  .

Financial Calculators

Financial calculators help you provide advice on financial planning and loans to answer your clients’ questions. You can save calculators to a client so that you can access it later when you meet with your clients and make changes if necessary.  

• Personal financial calculator

• Mortgage comparison calculator

• Regular 401(k) vs. Roth 401(k) calculator

Tax Worksheets

These worksheets are used when you prepare the tax return and are typically found in tax prep programs. The following are examples of worksheets you can find in Toolbox CS. 

• Individual shared responsibility penalty worksheet

• Estate Tax worksheet

Tax Organizers

You can email a blank tax organizer to your clients and then retrieve it back into the program once they fill out the form. Depending on the activities, you may be able to export it to UltraTax CS. 

Use the Navigation Pane to review the types of organizers available for both individuals and businesses.  

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