Published: December 12, 2011

Innovative New Income Tax Calculator Just In Time For Pre Tax-return Planning

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PRINCETON, N.J., Dec. 12, 2011 /PRNewswire-iReach/ -- A well designed application for a specific task can do wonders to your productivity and satisfaction.

TaxMode is such an app if you currently need quick income tax planning or just a few tax estimates to determine if you are underpaid for the year or to expect a refund.

The software is free and available for Windows based PCs.

TaxMode income tax calculator for PC
Photo: PR NEWSWIRE

This TaxMode app for PC (mobile apps coming soon) can be placed in a less used area of your PC desktop for quick access. It comes in the shape of a nifty little calculator ready for almost any type of income tax calculation.

This app introduces a new approach designed to provide the power of an elaborate tax planning software in the look, feel and simplicity of a desktop or a handheld calculator.

You can enter any information in summary or detail to increase the accuracy of results. TaxMode automatically computes all aspect of taxes based on your information up to that point and provides you with full backup for calculations it performs. Just click on any result and it will show you how it was computed.

This software application is sure to appeal to CPAs and other financial professionals for its capabilities and versatility and it will be equally helpful to self-planning individuals for its simplicity and ease of use. Here are some of the highlights of this app-

    --  Automatically computed federal income taxes include-
    --  Review your results in accounting format or pie charts
    --  Great analysis tool before preparing your tax return
    --  Computations are supported with details in terms of major IRS tax forms
    --  Analyze real tax savings from increasing specific itemized deductions
    --  Verify the adequacy of estimated taxes paid for the year
    --  Analyze the applicability for Earned Income Credit
    --  Great tool for AMT applicability and analysis
    --  Side by side comparison of alternative scenarios
    --  Automatic selection of applicable tax computations
    --  Interactive income tax computations on a dynamic screen display

Regular income tax

Income tax based on qualified dividends and capital gain worksheets

Self-employment taxes

Alternative minimum tax

Lump-sum distribution tax

Earned Income Credit (EIC)

TaxMode is backed by a qualified and well established source. It is designed and supported by Sawhney Systems, a company that has been providing financial and tax planning software such as ExecPlan to professional planners for over 25 years. Download it with confidence and experience its endless potential to increase your productivity for computing or analyzing income taxes.

Free download of this income tax calculator is available at www.taxmode.net

Media Contact: Robert Fourman Sawhney Systems, 609-987-5000, robertf@sawhney.com

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SOURCE Sawhney Systems