It’s that time of year again…time to do your taxes. I have continued to do my own taxes even as they get more and more complicated due to my consulting business and rental property. I have to admit that there have been times that I almost gave in and went to an accountant…I probably should do that. But, according to my wife, I’m very hard headed. So if I insist on doing my own taxes, I should at least have a good tax reference.
Bloomberg BNA is a subsidiary of Bloomberg and provides information for professionals on legal, tax, and regulatory information. They now have an Android app called BNA Quick Tax Reference which is a tax reference guide for the years 2011-2013.
BNA gives you quick access to tax information on the go. This includes a handy tool which estimates your tax based on your taxable income. BNA Quick Tax Reference includes the following:
- 2011-2013 Tax Rates
- Standard Mileage Rates
- Corporate Tax Rate Schedule
- Individual Tax Rate Schedules
- Use “Slider” or tap input box for keyboard to estimate taxes
- Standard Deductions/Personal Exemptions
- Capital Gains and Dividends Taxed as Net Capital Gain
- Income Tax Rates for Estates
- Trusts/Estate and Gift Taxes
- Tax Code Pension
- Retirement Plan Limits
BNA Quick Tax Reference has a positive rating on the Google Play Store. Here are some reviews.
“Excellent, very clean, fast and accurate. Even better than what the IRS themselves can do. Thanks Bloomberg”
“I love this app. Simple to use. Has current year data and previous as well. Great for a quick reference in office or on the go”
“This little gem takes the place of that cheat sheet for all those hard-to-remember items that keep changing due to inflation.”
Honestly, as a business person, you should be using an accountant. But if you’re like me and insist on doing your own taxes, then BNA Quick Tax Reference is a nice resource to have on the go. Of course, even if you do have an accountant, you can benefit from the information presented to you in this app.
BNA Quick Tax Reference Screenshots