The Creators of ExecPlan Express Financial Planning Software Release TaxMode, the First Android Tax Planning App to Bridge the Power of Desktop Software with the Ease of Use of a Mobile Platform

PRINCETON, NJ, September 07, 2012 (Press-News.org) Just as the PC and the Internet helped consumers prepare their own tax returns a decade ago with easy to use tax preparation desktop software, today's new mobile platforms are opening up opportunities for consumers to easily do their own tax planning with new simple to use apps for their tablets and smartphones. Sawhney Systems the makers of ExecPlan and ExecPlan Express financial planning software have released their first new app, TaxMode income tax calculator. Using their three decades of experience in creating the leading tax and financial planning software for tax and financial service professionals, Sawhney Systems has created a new simple to use income tax calculator for Android and Windows phone platforms that can help consumers evaluate simple everyday tax questions as well as look at the impact of more complex tax planning strategies. Its simple and innovative design, a look of a basic calculator with buttons for income, deductions, credits, payments, filing status, etc., creates an intuitive feel and makes even those who are intimidated by taxes, want to explore the "what if". And though it is simple to use, it offers advanced options and calculations for those demanding serious and accurate answers. With all of the current 2012 tax law including calculations for AMT, self-employment tax, all of the limitations for the various itemized deductions, the inclusion of tax credits such as the EIC, and loss limitation rules, TaxMode can be both a handy income tax estimator or a comprehensive tax planning application.

Up until now, most apps have been quick answer devices or games to amuse, however TaxMode income tax calculator was designed to be a powerful personal utility for both the novice and professional to increase their personal productivity on the run or in the office. Like no other app on the market today, its displays and reports are powerful yet easy to understand whether on a smartphone or a tablet. Plus the added option to view schedules A, C, D, E, F, and SE and a 1040 line by line report, as well as the ability to email any of these reports gives TaxMode the feel of a powerful desktop software rather than a simple app. "The app markets are simply devoid of any quality tax or financial planning products." Says sales and marketing manager Robert Fourman, CFP" and with the significant changes in tax laws expected in the upcoming year, we feel TaxMode will provide people an opportunity to explore how mobile devices can be used for personal tax planning whether it be the consumer, accountant or the financial service professional".

Users will quickly discover the endless uses for TaxMode income tax calculator, whether it is to calculate the tax savings of owning a home, the cost of doing a Roth IRA conversion, estimating your quarterly payments, or figuring out the liability of selling a property, the power and functionality will make TaxMode the most valuable app you have ever downloaded. TaxMode is a free app that you can find at the Google Play store by simply searching US income tax. To learn more about TaxMode or to obtain a free desktop version, visit www.taxmode.net.

Sawhney Systems is a provided of comprehensive financial planning software for the professional financial advisor. For information on our products ExecPlan and ExecPlan Express please contact us at (800)850-8444.