I have spent my heart and soul putting a few spreadsheet together to offer a simple tax planning solution for individuals and small businesses. Take a look around, download any spreadsheet as I hope it will help your needs. They might not be aesthetically pleasing, but I tried to get the all the relevant information you need.
I separated the tax section into two main categories. Personal Wages and Business Income. From there you will find spreadsheets that are relevant to your needs.
The two main record keeping are based on your annual expenses. If your annual expenses fall below $5,000 use the first one and if it is more$5,000 use the second one.
Personal Wages
The tax section for personal wages includes all income received from an employer. I.e. if you receive a W2 at the end of the fiscal year. Personal wages include yourself, a spouse, children, and any dependents you claim.
- 2020 Tax Bracket
- 2020 Standard Deduction
- Quick Tax Plan Guide
- Tax Credit Table
Business Income
The tax section for Business Income includes all income received from your own business. i.e. if you receive 1099 Forms or if you track your own sales and expenses. Business wages include yourself, a spouse, children, and any dependent you claim that owns a business.
- 2020 Tax Bracket (Excluding Corporation)
- 2020 Corporation Tax Bracket