Knowing your paycheck is a must if you want to achieve your financial goals. This is not always a walk in the park to most people who do not understand the arithmetic calculations that are done by accountants to arrive at the final figure. Fortunately, 3 Dogs and a Cat Software LLC has developed an iTunes application that is tailored to help users to estimate their paychecks. It is compatible with iPhone and iPad devices. English is the default language.
Withholding Calc is a smart iTunes application that is tailored to help you know the amount of money to expect at the end of the month as salary. All you need to do is input your gross pay, pre-tax deductions, state, withholding allowances as indicated in your W-4 form, and filing. By using this application, you will be able to come up with an accurate monthly budget that is in line with current financial status.
You can also go a step further and click on “Advanced View” and input the extra withholding amounts for both state and federal taxes, withholding allowances amounts for your state, and separate filing status to get a clear perspective of your tax withholdings. Simply put, this application will help you manipulate any figure on your W-4 form and help you manage your finances better by making informed decisions.
Best Features of Withholding Calc iTunes Applications
One of the superior features that gives Withholding Calc an upper hand is that it uses 2015 tax rates for all federal and state tax rates that are used in all the 41 states. To ensure that you get a precise estimate of your income, the app is regularly updated by the developers. It is of paramount importance to install these updates to derive maximum utility from the application.
The new version will have a couple of fresh features that will enhance user experience and place it miles ahead of other paycheck estimators. For instance, you will be able to compute your paycheck on an hourly rate basis. In addition, you will be able to do calculations in areas that have both state and local taxes. The developers also worked hard to incorporate accurate options for states such as Arizona that use flat percentage options for withholding instead of the conventional withholding allowance amount.
The app has a solid interface that is smartly designed to ensure that all levels of users benefit from it. All the icons are well highlighted, you just need to click, input the data required and the app will do the rest for you.
Withholding Calc is an awesome iTunes application that you can use to estimate your paycheck at the end of the month. It uses validated arithmetic formulas so you can be sure that the results are accurate.
Cherry is a hard-working writer and an aspiring web designer who can't go a day without using her favorite apps. She's always on the lookout for new apps and enjoys discovering ones that others have overlooked.