Calculating sales tax on prices is something you don't have to worry about if you use Excel. You can add a formula to the spreadsheet you use for invoices, bills of sale or quotes, and that's the ...

Reviewed by Ebony Howard Fact checked by Ryan Eichler Your effective tax rate can be calculated using Microsoft Excel through a few standard functions and an accurate breakdown of your income by ...

Enter a formula in the next cell to calculate the correct amount of Social Security tax. For example, for the 2011 employee Social Security deduction, enter "=A1*.042" in cell B1.

Issues Caused by Hard-Coding Values in Excel Formulas Let's say you're working out the cost of products in your store when a 20% tax is added. To do this, in column C, you have multiplied the ...

Q. I was excited to see the article about ways to calculate depreciation in Excel, especially when I saw one of them was double-declining balance (DDB). As tax professionals, we’re always trying to ...

In this article we will take a quick look at simple formulas in Excel, especially the calculation of VAT and inclusive of the sale price (including tax) for a purchase price without VAT (tax). Method ...