How to Mnage Your Tax Load in Business

1
(No Transcript)
2
Tax software is defined as a type of  computer
software designed to help individuals or
companies prepare for and file income, corporate
and similar tax returns. Tax software streamlines
the process of filing taxes by walking the user
through tax forms and issues and also
automatically calculates the individual's or
company's tax obligations. Many personal tax
software application are now available in the
traditional physical box software format (retail
software) as well as in hosted online service (
SaaS ) formats.
3
Planning for taxes can be an important factor in
keeping more of the assets you worked hard to
build. It can also have significant impact on
your current and future income and tax bill. we
can manage tax by tax software which is available
on internet. It is very important becouse nobody
have not time for managing tax without any
accountant. So we are manage tax by Software
which is working online.
4
How to Manage Reduce Taxes

• You may know your federal income tax bracket. But
  thats not really what you pay. In fact, the
  middle 20 of Americans by income pay about 13
  in federal income taxes. But that average hides a
  great deal of variation Some Americans pay
  nothing, and others pay more than 30.

5
There are three strategies you can use to try to
manage your federal income taxes
Manage
Defer
Reduce
6
Defer

• taxes with tax-advantaged
  accounts or investing strategies, such as
  401(k)s, 403(b)s, IRAs, health savings accounts
  (HSAs), and products such as deferred annuities.
• your tax burden by
  employing strategic asset location, investing in
  lower turnover funds, understanding mutual fund
  distributions, and taking advantage of charitable
  gifts and capital loss deductions.
• taxes now with federal income tax
  free municipal bond income, or reduce taxes in
  the future with a Roth IRA or 529 college savings
  account.

Manage
Reduce
7
Manage Taxes

• Taking advantage of tax-deferred accounts is a
  key step in building a tax strategy, but its
  only part of the story. You may have more
  opportunities for tax efficiency by being
  strategic about the accounts you use to hold the
  investments that generate the most taxes,
  choosing investments that may create less of a
  tax burden, and taking advantage of tax
  deductions to reduce your overall bill.

8
Quality of Tax Software
9
(No Transcript)
10
(No Transcript)
11
Advantages of Tax Software

• Maximize Your Tax Deductions
• Files Tax Returns From Your Computer
• Avoids Audits
• Gets Answer to Tax Questions
• Stores Taxes on Your Computer
• Save Time
• With Tax Software No Need to Know the Tax Code
• Tax Software Can Be Updated
• Tax Software Can Collect Tax Information

12
Thank You
http//www.taxsoftwarehostinghosting.com