Monthly Archives: November 2017

Download Income – Expenditure Sheet #free #income

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#income expenditure form

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Budget Planner Your Income and Expenditure

If you’re struggling to repay the companies you owe money to but want to get out of debt, it’s important you start with the basics and calculate your income against your outgoings.

By doing this you’ll be able to work out how much you can realistically afford to pay towards your debts each month.

If you want some help with this, our friendly team will complete a no-obligation financial review with you over the telephone. Simply call us on the number at the top of the page, or complete the form to the right of the page and we’ll call you back.

Alternatively, you can use the Baines Ernst Income Expenditure Form below

Your monthly income

Simply work through the fields below to give you a clear picture of how much money you have coming into your household each month.

Income

Your disposable income should go towards repaying any debts you have. If this amount does not meet the contractual repayments agreed with your lenders and you’re struggling to repay what you owe, call us to find out how we could help you clear your debts at a rate you can afford.

For help and advice with your debt problems, our friendly team is just a phone call away.

Debt advice you
can trust.

We are committed to providing the highest standard of service to our customers and helping them find their way out of debt with the most appropriate debt solution.

Money Advice Service

You can get free debt advice from the Money Advice Service – an organisation set up by the Government to offer free and impartial advice to those in debt. Click here for more information.


Income Tax Department recruitment 2016 apply online for 84 Assistant, Stenographer, Multiple Post #e #filing

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#income department

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Income Tax Department Recruitment 2016

The Income Tax Department, also referred to as IT Department, is a government agency in charge of monitoring the income tax collection by the Government of India. It functions under the Department of Revenue of the Ministry of Finance. It is responsible for administering following direct taxation ac View more

The Income Tax Department, also referred to as IT Department, is a government agency in charge of monitoring the income tax collection by the Government of India. It functions under the Department of Revenue of the Ministry of Finance. It is responsible for administering following direct taxation acts passed by Parliament of India. View more

The Income Tax Department, also referred to as IT Department, is a government agency in charge of monitoring the income tax collection by the Government of India. It functions under the Department of Revenue of the Ministry of Finance. It is responsible for administering following direct taxation acts passed by Parliament of India.

Current Recruitment Notification from Income Tax Department 2016 – 84 Vacancies Available

Assistant. Stenographer. Multiple Post

Company Name : Income Tax Department

Eligibility : 10TH. 12TH

Job Location : Bhilai-Durg. Bilaspur Chhattisgarh. Raipur

No of openings : 27

Last date to Apply : 16-09-2016

FreshersLive is a leading job website for all Government job recruitment notification. This page is an exclusive page for the Latest recruitment notification from Income Tax Department. FreshersLive team ensures to present all the recruitment notification and job openings from Income Tax Department in this exclusive recruitment page for Income Tax Department. This page contains all the active and recently expired job openings and recruitment notification from Income Tax Department .

Employers

FreshersLive – No.1 Job site in India. Here you can find latest 2016 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.

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Employers

FreshersLive – No.1 Job site in India. Here you can find latest 2016 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.


Income department #loss #of #income #insurance

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#income department

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File Validation Utility (FVU) version 2.147 (to validate statement(s) pertaining to FY 2007-08 to 2009-10) and FVU version 5.1 (to validate statement(s) pertaining to FY 2010-11 onwards) are available for download at TIN website. NSDL e-Gov Return Preparation Utility (RPU version 1.6) for e-TDS/TCS Statements from FY 2007-08 onwards is released (27/06/2016) Facility to make payment of demand raised by CPC-TDS against TDS on Sale of Property has been enabled. For details, please click on the URL https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp and select Demand Payment. Services of TIN call centre are now available 24 x 7.You may call on 020-27218080 anytime and select appropriate options to check the status of PAN /TAN application.

NSDL e-Governance Infrastructure Limited

Copyright 2005 | NSDL e-Governance Infrastructure Limited (NSDL e-Gov).

Page last modified on. August 26, 2016


Income Tax department – Latest News on Income Tax department #claim #income #support

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#income department

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The Income Tax department has seized an all-time high value of cash and jewellery, while Rs 3,360 crore unpaid taxes have been surrendered this year as part of its enhanced crackdown against black money holders in the country.

The I-T department had began publishing the names of tax defaulters in leading national dailies last year and has so far named 67 such big defaulters from across the country.

In a bid to keep nation’s tax laws in conformity with changing times, the Income Tax Department has created a permanent mechanism for seeking inputs from its officers for changes required in the direct tax regulations.

Black money holders who have disclosed their ill-gotten assets during July under the ongoing compliance window will receive acknowledgement from the tax department by August 30.

The money has long been withdrawn from their accounts, again without their knowledge, but by then there’re already in for a major trouble.

Tax returns for 2015-16 (assessment year 2016-17) were originally to be filed by July 31. But in view of the day-long strike at public sector banks, the deadline has been extended to August 5.

Tax returns for 2015-16 (assessment year 2016-17) were originally to be filed by 31 July. But in view of the day-long strike at public sector banks, the deadline has been extended to 5 August.

Government has fixed December 31, 2016 as the deadline for companies like Vodafone and Cairn Energy Plc to settle their retrospective tax disputes.

P.M Modi has given the last opportunity to tax defaulters for declaring their undeclared property under tax declaration scheme. Watch this special segment and get to know more here.

The Income Tax Department has detected undisclosed income worth Rs 22,475 crore in over 9,500 surveys conducted over the past two years, Finance Minister Arun Jaitley said Friday.

CBDT has directed the Income Tax department to “expeditiously” issue refunds worth Rs 5,000 for last three assessment years in order to provide immediate relief to taxpayers.

The government on Thursday clarified that declarants under domestic black money disclosure scheme can pay interest and penalty in three installments

The government on Thursday clarified that blackmoney declarants using the one-time compliance window cannot pay tax and penalty from undisclosed income to bring down their liability and such acts will not get any immunity.

The Income Tax department on Wednesday conducted multiple searches in over 30 premises of Indiabulls group in connection with alleged tax evasion sending the company’s stocks to crash up to 7 percent.

According to officials, the raid was conducted at several places in Chennai.

Income Tax Department has asked its top officers to closely scrutinise high-value transactions and investments in penny stocks to identify potential black money holders who can avail the four-month compliance window ending September 30 to come clean.

I-T dept has tied up with seven airlines including Air India and Vistara to publise one-time black money compliance window by printing the scheme’s details on the back of boarding passes.

Delhi High Court on Wednesday allowed the income tax department to go ahead with its penalty proceedings against telecom major Vodafone, but asked the agency not to give effect to its final order till the next hearing in July.

The Income Tax department has created a special zone on its official website to showcase country-wide activities being done by it to popularise the one-time black money compliance window that will complete its first month in operation soon.


Tax Preparation Offices #income #tax #tds

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#income tax offices

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*Offer Details and Disclosures

Liberty Tax Offices

Send a Friend Referral Program: With paid tax preparation. Valid at participating locations. Referred friends must be new customers and have their taxes prepared at Liberty Tax. Cannot be combined with other offers or used toward past services. One coupon per customer and per return. Other exclusions may apply. Void where prohibited by law.

Send a Friend. Get $10 for each qualified new-to-Liberty Online customer, and give your Friend a special invitation for 50% off their online tax preparation fees using Liberty Online. Your Friend will receive an invitation with instructions how to redeem their special discount offer. To qualify, your Friend must: (1) Be a new Liberty Online customer; and, (2) Access and file with Liberty Online using the unique link provided by the referrer. Discount is valid only for new Liberty Online customers who accesses using the unique link in their special invitation to file before December 31, 2016. Discount offer valid only for intended recipient, and cannot be combined with any other offer. Terms, conditions, features, availability, pricing, fees, service and support options subject to change without notice.

Free Trial accounts available to new Liberty Accounting Customers. Trial use program is for limited time. At the end of the trial period, you may elect to convert the trial account into a standard account at which time regular [monthly subscription fees or however they charge] will apply. Service is provided “as is” during the trial period.

Liberty Tax School

Liberty Tax Service has been approved by the California Tax Education Council to offer Liberty Tax School (CTEC Course #2097-QE-0001), which fulfills the 60-hour “qualifying education” requirement imposed by the State of California to become a tax preparer. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA 95812-2890, toll-free by phone at (877) 850-2883, or on the Internet at www.ctec.org

Licensed by Oregon Higher Education Coordinating Commission (OAR) 715-045-0033(6). Students must pass the Tax Preparer examination given by Oregon Board of Tax Practitioners before preparing tax returns for others.

In Maryland and New York, additional instruction and requirements are necessary to prepare an individual for employment as a Registered Tax Return Preparer.

In Arkansas, Liberty Tax is licensed By the SBPCE State Board.

In Tennessee, students will be offered employment per satisfactory completion.

Liberty does not make any promise, warrant or covenant as to the transferability of any credits earned at Liberty Tax Service. Credits earned at Liberty Tax Service, may not transfer to another educational institution. Credits earned at another educational institution may not be accepted by Liberty Tax Service. You should obtain confirmation that Liberty Tax Service will accept any credits you have earned at another educational institution before you execute an enrollment contract or agreement. You should also contact any educational institutions that you may want to transfer credits earned at Liberty Tax Service, to determine if such institutions will accept credits earned at Liberty Tax Service prior to executing an enrollment contract or agreement. The ability to transfer credits from Liberty Tax Service to another educational institution may be very limited. Your credits may not transfer, and you may have to repeat courses previously taken at Liberty Tax Service if you enroll in another educational institution. You should never assume that credits will transfer to or from any educational institution. It is highly recommended and you are advised to make certain that you know the transfer of credit policy of Liberty Tax Service, and of any other educational institutions you may in the future want to transfer the credits earned at Liberty Tax Service, before you execute an enrollment contract or agreement.

*Enrollment in, or completion of, the Liberty Tax Course is neither an offer nor a guarantee of employment, except as may be required by the state. Additional qualifications may be required. Enrollment restrictions apply. State restrictions may apply and additional training may be required in order to become a tax preparer. Valid at participating locations only.


Overview: Catholic Health Services #form #16 #income #tax

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#low income houseing

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Low Income Elderly Housing

Catholic Housing Management currently operates (16) HUD subsidized apartment complexes for active, independent seniors with limited financial resources in Miami-Dade and Broward counties.

Meticulously maintained buildings and grounds provide a lovely home where seniors can enjoy numerous activities and conveniences, including: group outings, educational programs, common rooms for club gatherings, libraries, exercise classes, and visiting vendors. Some of our communities have computer centers where residents have access to the Internet.

All apartment communities are within walking distance to a Catholic church and other places of worship and conveniently located close to shopping.

Following the U.S. Department of Housing Urban Development (HUD) guidelines, the main criteria for eligibility includes:

  • 62 years of age or older except that some of our properties accept mobility impaired individuals that are below 62 years of age as well

Rents for these properties are 30% of persons adjusted gross income

Some of the properties have market units available

All facilities have long waiting lists and some waiting lists are closed. If you wish to have your name included on any of the lists, please call the Management at the facilities of your choice.

Contact Catholic Health Services at 1-877-CHS-4ME2 or click here to email us for more information regarding Low Income Elderly Housing.


Median Household Income Growth: Deflating the American Dream – dshort – Advisor Perspectives #e #filing

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What is the single best indicator of the American Dream. Many would point to household income growth. The Census Bureau has now published some selected annual household income data in a new report: Income and Poverty in the United States: 2014 . Last year the median (middle) household income was $53,657 a 0.13% year-over-year increase that shrinks to -1.48% when adjusted for inflation. Let’s put the new release into a larger historical context.

Our study of the Census Bureau’s historical data shows a 651% growth in median household incomes from 1967 through 2014. Sounds impressive, but if you adjust for inflation using the Census Bureau’s method, that nominal 651% total growth shrinks to about 21%.

But if we dig a bit deeper into the method of inflation adjustment, the American Dream looks more like an illusion, as in “money illusion “.

Our primary focus on 21st Century monthly median household income was based on the excellent monthly data available from Sentier Research. See Median Household Incomes: Monthly Update. The Sentier Research findings are based on Census Bureau (CB) data and adjusted for inflation using the Bureau of Labor Statistics (BLS) Consumer Price Index for Urban Consumers (CPI-U), which most people, including the BLS, commonly abbreviate as the “CPI”. However, the CB’s own annual data series for household income, which reaches back to 1967, uses a different index to “deflate” the nominal income data. The CB researchers adjust using the little-known CPI-U-RS (RS stands for “research series”) as the deflator for their annual data.

The BLS website has slender information about this index. A site search turns up this page. which contains a link to a PDF file with the index from 1977 through 2014.

Obviously the CB has a version of the annual CPI-U-RS back to 1967, the starting year for their household income series. We have not found the pre-1978 annual CPI-U-RS data at either the CB or BLS website. However, we can constuct this index from the CB’s latest annual data from 1967-2014 in Table H-5 linkable from their Historical Household Income Tables .

The Deflator Difference

A price index, such as the CPI or the BEA’s PCE price index, provides the data we need to “deflate” nominal dollar values to their real purchasing power over time. And even in stable economies, over long periods of time, the “money illusion” of nominal values can be substantial, as the chart above painfully illustrates.

As we mentioned earlier, Sentier Research uses the more familiar CPI as the deflator for computing their real household income data series. Does the deflator choice make a significant difference?

The answer is: It depends on your timeframe. If we look at a comparison of nominal and real household income growth since 1967, the difference between the two deflators is stunning.

But, as the next chart shows, the gap between the two lines in the chart above is actually the result of differences between the two deflators in the earlier years of the 47-year period. Since the late 1990s, the two have been nearly identical. The reason is that the CPI-U-RS was developed with the goal of revising the earlier years of the CPI-U to incorporate most of the improvements made to the index to increase its accuracy. For a better understanding of revisions, see the BLS article Addressing misconceptions about the Consumer Price Index (PFD format).

Here is a chart that shows the annual differences between the two, which are predominantly before 2000.

What About Other Deflators?

Another important price index for economic analysis is the BEA’s PCE price index. It is the preferred measure of inflation for the Federal Reserve, and we analyze it every month shortly after the BEA’s Personal Income and Outlays report is released:

The next chart shows three versions of real household income growth. We’ve added version deflated with PCE price index alongside the other two real series we’ve been studying. We’ve also included markers to facilitate our understanding of the annual changes through time. The PCE-deflated version is the most optimistic of the three. The CPI-adjusted version is by far the most pessimistic.

Real Household Income as a Leading Recession Indicator

An interesting feature of the chart above, regardless of which deflator you prefer, is that median incomes began contracting before every recession. On an annual basis, incomes typically bottomed at some point after the recession ended and moved higher. The one conspicuous exception was the second half of the early 1980s double-dip.

Flash forward to the near present (2014 in our annual data): The median household income appears to be in a slow-motion process of bottoming. With the CPI deflator, the Sentier Research approach, real median income appeared to have troughed in August 2011 and then slowly risen to the most recent monthly data (July 2015).

Anyone who finds this analysis of interest should download the Sentier Research Household Income Trends report (PDF format). The underlying data is available from Sentier Research for a small fee here .

For Further Reading : Here is a checklist of our recent commentaries on household income:

Footnote on the Alternate CPI: Experience has taught us that whenever we address the topic of inflation and various price indexes, we get several emails from fans of Shadowstats.com asking why we didn’t include the Shadowstats Alternate CPI. So, to avoid those emails, we’ve created the chart below with one more deflated version of median household incomes. The new one uses the ShadowStats Alternate CPI.

As the chart above suggests, the Alternate CPI is a rather bizarre outlier. What this deflator is telling us translates into something like this: The 1967 median household income of $7,143 chained in 2014 dollars would have had the purchasing power equivalent to around $218,000 today. The “elderly” among us understand that this is sheer nonsense.


IRS Offers Free Tax Help #file #income #tax #online #free

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#income tax helpline number

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Like – Click this link to Add this page to your bookmarks Share – Click this link to Share this page through email or social media Print – Click this link to Print this page

IRS Offers Free Tax Help

Update Nov. 3, 2014 — Please note that 1040 Central has been replaced by theFilingpage.

Jan. 5, 2010 — Links to the obsoleted rebate credit calculator and How Much Was My 2008 Stimulus Payment? online tools have been deleted.

FS-2009-6, January 2009

Free tax help is available from the Internal Revenue Service for taxpayers by telephone, in person and via the Internet where information is available 24 hours a day, seven days a week.

When seeking help over the Internet, the IRS cautions taxpayers to make sure to go to the authentic IRS Web site by typing www.IRS.gov into their browser. The official Web site does not end in .com. net. org or any other designation. Click on “Español” for content in Spanish.

Taxpayers should check out 1040 Central for all the latest updates and information needed to prepare and file their 2008 returns. Taxpayers can readily access forms and instructions from this section of the Web site.

In the Online Services section, taxpayers can access numerous applications to help with their taxes, including:

Free File, which is a fast, free and easy way to prepare and file a tax return, if adjusted gross income is $56,000 or less 2008.

IRS Withholding Calculator. which helps taxpayers make sure the amount of income tax they have withheld from their pay isn’t too high or too low.

Find An Authorized E-File Provider. which helps individual taxpayers find someone who can electronically file their tax return.

Alternative Minimum Tax (AMT) Assistant. which can be used to determine whether a taxpayer may be subject to the AMT.

EITC Assistant, available in English and Spanish, which helps taxpayers find out if they are eligible for the Earned Income Tax Credit.

Sales Tax Deduction Calculator. which is available to help taxpayers prepare their returns.

Online Payment Agreement. which is for taxpayers who cannot pay their tax completely by April 15.

Taxpayers may also check their 2008 refund online using Where’s My Refund? 72 hours after IRS acknowledges receipt of an e-filed return or three to four weeks after a return is mailed. Taxpayers will need to enter a Social Security number (or Individual Taxpayer Identification Number), filing status (such as single or married filing jointly) and the exact whole dollar amount of the refund shown on their 2008 tax return. In addition to the status of their refund payment, they will receive instructions to resolve refund-related problems. The Where’s My Refund? tool is available in English and Spanish.

Taxpayers will have two tools to help them determine if they are eligible for a recovery rebate credit. Most people already received this benefit in 2008 in the form of the economic stimulus payment. However, if certain conditions changed for taxpayers in 2008, they may be eligible for an additional one-time benefit. Taxpayers can use the online tools How Much Was My 2008 Stimulus Payment? and the Recovery Rebate Calculator.

Taxpayers may also order current and prior year tax forms, instructions and publications by calling 1-800-TAX-FORM (1-800-829-3676). Taxpayers may ask tax questions by calling the toll-free customer service line at 1-800-829-1040 for individual tax issues or 1-800-829-4933 for business-related tax issues. TTY/TDD users may call 1-800-829-4059 to ask tax questions or to order forms and publications.

Taxpayers can also listen to information with little or no waiting by calling TeleTax toll-free at 1-800-829-4477 to hear pre-recorded messages in English or Spanish covering various tax topics or to check on the status of a refund. TeleTax topics, which range from “IRS Assistance” to “Who Must File,” are listed on pages 84 and 85 of the Form 1040 Instructions booklet. In January, they will also be able to access How Much Was My 2008 Stimulus Payment? by calling the Rebate Hotline at 1-866-234-2942.

In-Person Assistance with Returns

Free tax preparation is available through the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) sites in many communities. Taxpayers should check community newspapers for VITA site locations or call 1-800-906-9887 for more information. Taxpayers may also call AARP — the largest TCE participant — at 1-888-227-7669 to find the most convenient location.

Taxpayer Assistance Centers

IRS Taxpayer Assistance Centers are a source of personal tax help when taxpayers believe their tax issues cannot be handled on-line or by phone, and they want face-to-face assistance. IRS representatives in these offices can help with inquiries, adjustments, letters and notices and payment plans for those who owe tax and cannot pay the full amount. Locations are posted on IRS.gov under the “Individuals” tab. Just click the link Contact My Local Office or type “Contact My Local Office” in the search box on IRS.gov to find availability by state. Also, taxpayers can hear a recorded message detailing office hours and addresses by calling the number listed in their local phone directory.

The IRS provides non-English-speaking taxpayers equal access to all Taxpayer Assistance Centers.

Tax Forms and Publications Walk-In Service

Many post offices and libraries offer IRS tax publications, forms and instructions for pick up. Participation of post offices and libraries changes from year to year so taxpayers should check with their local community organization before making the trip. Electronic kiosks containing commonly-used forms (Form 1040 series) and tax information are available in some locations. All local IRS Taxpayer Assistance Centers have tax publications, forms and instructions available to pick up.

Braille Tax Material

A variety of Braille materials may be ordered at no charge by calling the IRS at 1-800-TAX-FORM (1-800-829-3676). The Braille print files are in .brf format and can be sent directly to an embosser for high-quality Braille output. Braille materials are available at libraries that have special services for people with disabilities.

Taxpayer Advocate Service

The Taxpayer Advocate Service (TAS) is an independent organization within the IRS whose employees assist taxpayers who are experiencing economic harm, who are seeking help in resolving tax problems that have not been resolved through normal channels, or who believe that an IRS system or procedure is not working as it should. Taxpayers who believe they are eligible for TAS assistance can reach TAS by calling their toll-free case intake line at 1–877–777–4778 or TTY/TTD 1-800-829-4059.

Low Income Taxpayer Clinics (LITCs)

Low Income Taxpayer Clinics (LITCs) are independent organizations that provide low income taxpayers with representation in federal tax controversies with the IRS for free or for a nominal charge. The clinics also provide tax education and outreach for taxpayers with limited English proficiency or who speak English as a second language. IRS Publication 4134. Low Income Taxpayer Clinic List, provides information on clinics.

For a comprehensive listing of free tax services, taxpayers can download or order IRS Publication 910, Guide to Free Tax Services.

Page Last Reviewed or Updated: 22-Jan-2015


Income tax preparation software #ohio #income #tax

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#income tax preparation software

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Software

Certified software

The Canada Revenue Agency (CRA) certifies commercial tax preparation software packages for use with the Corporation Internet Filing service.

“Certified” tax preparation software means that the developer of the tax package has gone through a process with the CRA to establish that the particular package is compatible with the CRA systems. This does not mean that we endorse or recommend any one product over any other.

Here is a list of software certified for Corporation Internet Filing. We will update this list as new software products are certified. Please note that inclusion in this list is not an endorsement of the software products by the CRA.

  • NETAX T2
    NOR Gestion Logiciels Inc
    Tel: 1-514-270-0500
  • TaxTron Corporate for Macintosh or Windows(free downloads available)
    TaxTron Inc.
    Tel: 416-491-0333
    www.taxtron.ca

    Software developers

    Software developers produce software for retail use. To become a software developer for electronic filing purposes and to receive information on return specifications, you have to complete a Software Developer’s Application for Electronic Filing .

    If you are interested in developing electronic filing software, contact us at:

    T2 Development Section
    Canada Revenue Agency
    East Tower – E08
    Canada Post Place
    750 Heron Road
    Ottawa, ON K1A 0L5

    Date modified: 2016-06-24

    Secondary menu

    Site Information


  • TaxMode Income Tax Calculator for iPhone, iPad, Android mobile devices, windows phone free DIY planning

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    #net income calculator

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    TaxMode
    *Now includes tax years 2016, 2015 & 2014*

    TaxMode is an income tax calculator like nothing else. It is available for Android phones and tablets, iPhones, iPads, Windows Phone 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. TaxMode now includes a projected tax year 2016 in addition to 2015 and 2014 tax year computations.

    KEY FEATURES
    ● Automatic selection of applicable tax computations
    ● Automatic check for AMT applicability and analysis
    ● Quarterly estimated taxes, report IRS form 1040ES
    ● Computes Earned Income Credit
    ● Verify the adequacy of estimated tax payments
    ● Analyze impact of specific deductions
    ● Supported with details in terms of IRS tax forms
    ● Summary or detailed data entry options
    ● Side by side comparison of alternative scenarios for what-if analysis
    ● Effective tool for pre-tax return analysis

    MULTI-PLATFORM AVAILABILITY
    ● Windows desktop (download )*
    ● Apple iPhone and iPad (App store )
    ● Google Android phones tablets (Google Play )*
    ● Windows Phone (Market place)

    UPDATED TAX YEARS 2016, 2015 2014
    ● Updated with 2015 IRS tax forms
    ● Additional Medicare Tax (form 8959)
    ● Net Investment Income Tax (form 8960)
    ● Tuition and Fees Deduction (form 8917)
    ● New worksheet for qualified dividends and capital gains
    ● New worksheets for phase-out of Deductions Exemptions
    ● New worksheet for Student Loan Interest Deductions

    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.

    INCOME TAX COMPUTATIONS
    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 and forms for tax year 2015 as released by IRS. In addition tax computations for 2014 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.

    Interested in a comprehensive financial planning app on mobile platform? Try our latest app PlanMode available free for iPhone or iPad and Android phones & tablets.

    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 on a Windows PC please click here .

    *Now includes projected tax year 2016 and major IRS forms for 2015 tax year

    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.

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