An online tax calculator can be very a useful thing to have, for both personal and professional reasons.

On a personal level, a tax calculator can really be helpful when trying to accurately calculate real estate expenses and personal income tax amounts. For example,when trying to calculate how much it will cost to transfer a real estate deed or mortgage title will much easier using an online tax calculator. The same rule also applies when trying to calculate the federal tax rate on charitable contributions and also the annual tax payments on real estate property. In addition, an online calculator can also come in handy for first a time home buyer and also for those who do their stock investing online.

On a professional level, having an online calculator can be beneficial when trying to calculate business expenses and quarterly employee taxes.