Business Tax Calculator

US Income Tax Calculator "Taxulator" will provide you with USA C-Corporation Estimated Tax Calculations.

From the home page, you can enter Income, then Deductions, and the "Taxulator" will compute

the Estimated Tax Payments from your numbers.

Uses current US C-Corporation Tax Rates used on Form 1120

This Tax Calculator applies only to people who own a business ( C-Corp’s. C-Corporations)

Great way to estimate filing.

Simply enter income, then deductions, and estimated tax liability will calculate. Subcategories are

provided.

Excellent tool for any CPA, Accountant, Tax Preparer, Enrolled Agent, Investor, Business Owner,

Lawmaker, Student, etc.

CPAs can quickly estimate quarterly taxes for Corporate clients, without having to complete a full tax

return with projections every quarter.

Investors can calculate a Corporations’ potential tax liability, to make decisions on whether to invest.

With many major US corporations using tax inversion strategies to avoid US corporate taxes and keep

funds overseas, this app will give you a quick estimation of how much tax dollars are really being

avoided.

INSTRUCTIONS:

*From the home screen, click on INCOME to expand and view the major taxable income categories.

*From the home screen, click on DEDUCTIONS to expand and view the major tax deductible categories.

*From the home screen, click on Estimated Corporate Taxes to view a schedule of due dates for

estimated tax payments.

This tax calculator will calculate the catch-up payment amounts if you missed, underpaid or overpaid your estimated taxes for any period.

If you enter the payment as $0 for the quarterly payment that you missed, this “taxulator” will add the missing tax amount evenly throughout the rest of quarterly payments, with dates provided.

Note that the IRS may charge late penalties for making late estimated taxes.

* Tax Calculator - Created by Brian Davis of Davis Taxes Inc 954-600-0722 - a Florida Tax Preparation and Accounting firm.

http://www.DavisTaxPro.com