INCOME TAX CALCULATOR
TaxMode Updated for 2013 tax year on all app platforms
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.
KEY FEATURES
MULTI-PLATFORM AVAILABILITY
● Apple iPhone
● Windows Phone
(Market place)
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.
TaxMode incorporates a thorough implementation of income tax computations to the full extent of the data it incorporates. It also provides you with thorough details for all tax computations so you know how each number is calculated.
The current version is up-to-date with the latest tax computations for tax year 2012 as released by IRS. In addition tax computations for years 2010 and 2011 are fully implemented within the scope of this calculator.
The details of computations performed are also provided. You can examine the details by clicking on any tax amount or its caption shown on the result screen. These details are provided with reference to IRS Tax Forms used to calculate each tax result.
TaxMode is also an efficient way of compute values for your estimated tax while preparing 1040 ES. For more details on the tax computations incorporated in TaxMode review the Tax computations.
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.
GRAPHIC PRESENTATION
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.
Start up screen where you can enter one or more values and obtain results interactively or load a saved case. The last case you were working on can also be loaded.
Tax related results are displayed as you enter each value. Summary input can be made be directly entering the value in the button's text window or you can enter itemized input on the detail input screen available upon clicking the a button.
At any point you can compare the impact of an item on the overall tax scenario.
