TaxMode is an income tax calculator like nothing else. It is available for Android phones and tablets, iPhones, iPads, Windows phones and Windows Desktop.
It is designed to perform with the ease of use of an ordinary calculator. Its functionality can satisfy almost any level of need for tax planning and analysis. This free 2013 income tax calculator has been updated for tax year 2013 and includes 2011 and 2012.
NEW FOR TAX YEAR 2013
TAXMODE FITS YOUR NEEDS
If you are a tax professional it will enhance your analytical ability and make tax planning more efficient. If you are an independent individual looking for an easy to use tool to analyze the tax impact of a transaction, need a quick year-end tax estimation, perform a pre-tax-return-filing analysis, or review the impact of any other tax related investment decision, TaxMode will help you make more informed decision by providing a better understanding of all the possible income tax implications. TaxMode also provides you with a number of premium features should you needs go beyond quick calculations and simple planning. You can start with expanding the detail of what type of income, itemized deductions, credits and payments that can be entered and analyzed. Next you can utilize the automated comparison option that can help you quickly review the impact on one or more changes in data in a specific case. And with one simple click you can do a comparison of a case’s data for one year vs. another year.
COMPARE ALTERNATIVE SCENARIOS
While TaxMode is primarily a quick income tax calculator it can also be used in advanced mode as an income tax planner for performing comparative analysis. Two such modes are available to provide you with tax result comparisons from a static point of reference or a continuous (dynamic) comparison each time you make an entry. These modes can be activated or deactivated on the fly with one key touch.
You can also compare the tax difference of including or excluding an item of income or deduction this year versus the next year. Give it a two-minute test to see how well it works. Download now a copy of this free income tax calculator and planner.
INCOME TAX STATEMENTS
TaxMode can be used to easily and quickly prepare a draft income statement.Two formats of Income & Tax Statements, Main and Detailed are available to display and/or print. The Main report shows the input items entered along with each tax amount computed. The Detailed report supplements the Main report with details of each tax form applied in that case and how it arrive at the tax result.
While TaxMode keeps its focus on tax computations, it gives you the option to see the results in colorful 3-D charts. It can display your specific scenario as a Pie chart showing how much of the income is reduced by each applicable tax and the resulting net income. It will also display your total tax amount so you don't miss the exact picture. This graphic analysis is also available in the format of a Doughnut chart
DEPENDABLE SUPPORT TEAM
TaxMode is developed and supported by professionals at Sawhney Systems who initiated the era of professional financial and tax planning software with the first commercially available system ExecPlan in 1976. We have been serving the financial services industry with products and support services for over 3 decades. Our most popular financial planning program ExecPlan Express provides a complete PFP software which highly acclaimed by financial services industry professionals at a very affordable price. You are invited to download a full version of ExecPlan Express for evaluation at no cost.
The design of TaxMode benefits from the implementation of a number of suggestions for functionality and features we have received from our tax planning clients over the years.
To download your free copy of this income tax calculator and planner please click here.