TaxTools >> Software Overview
TaxTools
TaxTools enhances your existing municipal tax management software with powerful tax analysis features and auditing capabilities. TaxTools is a single system that will allow you to:
   
 
 
Manage and analyze tax receipts from different government sources
 
Increase your tax revenues by comparing various data sources to find non-reporting taxpayers
 
Improve tax revenue forecasting
 
Provide complete licensing and B&O tax administration capabilities
 
 
Benefits of Using TaxTools
 
Maximize Your Tax Collections
Over 20 Management Reports
Seamless Installation in 1 Day
Free Training/Support for 1st Year
100% Satisfaction Guaranteed
Watch a demo of TaxTools
 
 
 
How TaxTools Works
External Tax Data
External tax data comes from various sources and includes sales, property, utility and business tax receipts. This tax data is cumbersome and difficult to manage because it comes in a variety of file formats and database exports.

Importing Data Into TaxTools
TaxTools is designed to import most formats and database exports.

TaxTools Organizes Your Tax Data
TaxTools is a single application which provides a complete tax administration system for all city tax sources. All taxes paid by an individual taxpayer are linked together and become available for auditing and reporting features.
 
TaxTools Components

(click + for details)
[-] Auditing Features
Comprehensive tax discovery auditing features allow you to maximize your tax collections. Look for missing returns in a tax revenue stream or cross match tax receipts with business licenses, yellow page listings or utility records to find taxpayers who are not reporting correctly.
[-] Revenue Forecasting
Two independent methods are available to forecast any revenue stream. One method applies prior year collection patterns to the current year receipts. The more comprehensive method uses linear projections at the SIC code or individual taxpayer level to forecast future year receipts.
[-] Management Reports
Crystal Reports is used to create over 20 management reports and many graphs that allow you to monitor trends and pinpoint changes from period to period. These can be used on any tax database in TaxTools.
[-] Data Analysis
Special data management capabilities help you use tax data in creative ways. Monitor annexation area taxes, connect tax data to your GIS system, update your base systems with taxpayer account links, and export virtually any subset of tax data to other business software for custom analysis.
[-] Data Export
Five predefined and two user definable data exports are available in TaxTools. Data may be selected and previewed and then exported into most common formats including Excel, Access and delimited text. User defined export specifications may be saved for later use.
[-] Tax & License Services Module
Tax & License is an add-on module to TaxTools that provides integrated licensing and B&O tax capabilities including the following features:
 
 
Supports multiple license types, endorsements and permits
 
Batch entry of cash receipts
 
Autofill of account information from related databases speeds data entry
 
Automatic late penalty calculation
 
Business transactions keep track of all account activity
 
Balance due notices
 
Customizable automatic approval process for new applications
 
Supports B&O tax processing including generation of tax returns
 
License renewals calculate amount due at current rates and provide for updating
account information
 
All analysis, exporting and forecasting tools work with tax and license data
 
Approved licenses automatically printed each day
   
 
       
 
TaxTools Installation & Support
TaxTools complements your existing tax administration software and is easily installed on standalone computers or in a multi-user network environment. This means that tax data can be shared with several departments. Software updates may be automatically detected and installed as they are available -- you will never have to hassle with cumbersome patches or manual updates!

Satisfaction Guaranteed
Microflex guarantees that TaxTools will work in your office and that your organization will be 100% satisfied with TaxTools. Included with the original software license is staff training and toll-free telephone support for the first year. Additionally, Microflex hosts an annual user group meeting to discuss upcoming improvements and answer questions about maximizing the benefits of TaxTools for your organization.

Request More Information about TaxTools.



 
Questions About TaxTools?
Review answers to the most commonly asked questions about our software here.
 
>> Full screen image of TaxTools
 
 
>> Full screen image of a report graph



 
 
See TaxTools in Action
Learn more about TaxTools by watching this multimedia demonstration of the software.

Click here to view the demo
 
 


 

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