Download Manual With Examples

Table of Contents
Introduction
What this program is intended to do................................ ................................ ..4
System Requirements ................................ ................................ ...................... 4
Installation and removal................................ ................................ .................... 4
Screen Views
Main Screen ................................ ................................ ................................ .....5
Basic Taxpayer Data & Situation Profile ................................ ........................... 6
Enter Payments ................................ ................................ .............................. 10
Payroll Tax Liability Data. ................................ ................................ ............. 11
Additional Charges................................ ................................ ......................... 13
Underpayment Rates ................................ ................................ ...................... 15
Overpayment Rates ................................ ................................ ........................ 16
Penalty & Interest Report ................................ ................................ ............... 17
Failure To Pay & File Penalty Report ................................ .............................. 18
Summary Report ................................ ................................ ............................ 19
Payment Repor ................................ ................................ .............................. 20
Payroll Tax Deposit Penalty Report ................................ ................................ 21
System Defaults ................................ ................................ ............................. 22
Tax Law Regarding Penalties & Interest
Penalties
Failure To File Penalty ................................ ................................ ................... 23
Failure To Pay Penalty ................................ ................................ .................... 23
Increased Failure To Pay Penalty ................................ ................................ ....23
Accuracy Related Penalt ................................ ................................ ............... 23
Failure To Deposit Penalties ................................ ................................ .......... .23
Sec. 6656(b)(1)(B) 15% Rule................................ ................................ .......... 24
Interest
Interest on Tax ................................ ................................ ............................... 24
Interest on Penalties................................ ................................ ........................ 24
Examples
Income Tax Situation ................................ ................................ ..................... 25
Payroll Tax Situation................................ ................................ ...................... 27
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