Tax Reporting

The FBR requires businesses to file information returns to qualified companies and individuals by reporting the money you have paid them for qualifying events during a calendar year using FBR Forms. A.Z.Soft business tax software makes it easy to prepare for Income tax reporting by making it super easy to flag companies and individuals that you want A.Z.Soft to track payments made to. With one-click, you can run a Tax report and see how much you’ve paid them so you know who to send a Tax to.

While it’s no fun to pay taxes upfront, A.Z.Soft business tax software helps you avoid the dreadful, “Surprise! You owe a gazillion amount in taxes!” when september 30 rolls around by giving you a helping hand in estimating your taxes. The Estimated Tax Report includes a calculator that allows you to estimate your taxes for the year based on your own projection for your annual profit or based on the current year’s income and expense activity that you’ve recorded in A.Z.Soft.

If you charge sales tax for your goods or services, A.Z.Soft’s Sales Tax Report will help you complete your sales tax form. As you invoice your customers, A.Z.Soft is tracking where your sales occurred, how much of the total sales were taxable or non-taxable, how much you charged in sales tax and the rates used, and reports your sales broken down by state, county and city.

If you’re a sole proprietor, you’re required to file a Form (along with your personal tax form) to report the profit/loss earned through your business. A.Z.Soft helps make filing the tax report easier by letting you assign a particular tax line on the form to your accounts. As you record your business activity, A.Z.Soft will track the activity by account category for general reporting and by tax line assignment for tax reporting. When tax time rolls around, run the tax report and A.Z.Soft will display your activity by tax line, combining like accounts together so you don’t have to.