Calculate Taxes
Sales Tax | Tobacco Tax | Excise Tax | Payroll | Depreciation
(Understand science to develop technology)
What is the idea behind to introduce tax calculators?
Technology fixes the inflation same as exercise empowers a person to live healthy. The technology is
developed and enhanced to bring accuracy, efficiency, and transparency in society.
InfoTaxSquare.com DBA LockInLedger.com believes in science that passes puzzles to reduce time, and
ultimately it reduces product cost and elevate the lifestyle of an individual. In addition to the
improvement, the standardization was also one of the reasons behind to create the calculators.
Though, all professionals conclude same results, but with different formats. We have programed
calculator to work on the same format to bypass understanding predecessors’ logic or format.
The technology has improved lifestyle of a person already. We would allocate the budget to maintain
manual systems and now we have replaced manual systems by the science and technology. Science
finds, whereas a technology fixes. Both are the inevitable elements for life and improvising daily.
Tax calculators shall bypass creating journal entries and doing manual reconciliation. The tax calculators
are designed to automatically perform accounting and reconciliation with automation and 100%
accuracy.
InfoTaxSquare.com DBA LockInLedger will reduce accounting fees between fifty to sixty percent by
integrating atomization in software. Further, it will also increase accuracy in accounting system to avoid
department's threat of penalization on mishandling.
Database of technology is same as the periodic table of over 100 elements in science. Like, different
atoms create unique by-products, whereas in technology linking create unique financial reports.
What is a tax calculator?
InfoTaxSquare.com DBA LockInLedger.com has developed multiple calculators to calculate different types of taxes and send information automatically into different ledgers rather than posting manually.
1. Sales tax calculator
2. Tobacco tax calculator
3. Excise tax calculator
4. Payroll tax calculator
5. Depreciation calculator
6. Amortization calculator
What are the features of tax calculators?
1. Tax calculator calculates sales tax based on state, county, and local sales tax rates.
2. Tax calculator automatically creates journal entries for income statement and balance sheet.
3. Tax calculator reconciles sale tax payables itself rather than an accountant manually.
4. Tax calculator extracts, sales tax from gross sales.
5. Tax calculator calculates, how much tax is collected on gross sales.
6. Tax calculator calculates, an employee withholding.
7. Tax calculator calculates, employer and employee tax contribution.
8. Tax calculator calculates, the depreciation or amortization of fixed assets.
9. A taxpayer can view liabilities due online real time 24/7 from anywhere.
Extracted by Nashib Umer
