Resources

Tax and Planning Help for Individuals

 

Tools

  • Mortgage Calculator
  • Refund Tracker
  • State Taxes
  • Federal Taxes

 

Tax Planning

  • Am I having enough withheld?
  • Choosing an income tax filing status
  • Income tax planning and 529 plans
  • Surviving an audit
  • Tax benefits of home ownership
  • Tax planning for income
  • Tax planning for the self-employed
  • Taxation of investments
  • Year-end tax planning
  • Personal deduction planning
  • Understanding personal tax credits

 

Retirement

  • Medicare
  • Understanding long term care insurance
  • Estimating your retirement income needs
  • Retirement planning: The basics
  • Taking advantage of employer sponsored retirement plans
  • Comparison of traditional IRAs and Roth IRAs
  • Roth IRA future value calculator
  • Traditional IRA future value calculator
  • Investing for retirement

 

Estate Planning

  • Estate planning: an introduction
  • Wills – the cornerstone of your estate plan
  • Gift and estate taxes
  • Asset protection in estate planning
  • Transferring your family business
  • Choosing a beneficiary for your IRAs and 401K
  • Life insurance and estate planning
  • Steps to estate planning success
  • Isn’t estate planning only for the rich?

 

Social Security

  • Social security retirement benefits
  • Understanding social security
  • How earnings affect social security
  • Are my social security benfits subject to income tax?

 

Education Planning

  • ABC’s of financial aid
  • Education Tax credits
  • Student loan basics
  • 529 plans vs. other college savings options
  • ABC’s of 529 plans
  • College savings analyzer
  • College savings vehicles compared
  • Qualfied education expenses defined

Tax and Planning Help for Businesses

 

Decision Tools

  • Building a retirement plan for your business Choosing a business entity
  • Comparison of LLCs, LLPs and professional Corporations
  • Business life insurance needs
  • Business succession planning alternatives
  • Buy-sell planning questionaire
  • Planning for succession of a business interest

 

Articles

  • Tax planning for the self-employed
  • Starting or buying a business
  • Record keeping for your own business
  • Hiring your first employee
  • Benefit plans for small businesses
  • Life insurance for the self-employed
  • What employers need to know about workers compensation insurance
  • Transferring a family business
  • Why insure your business
  • Understanding your business owners policy

 

Tax Planning

  • Accelerating deductions/ postponing income
  • Accelerating income/postponing deductions
  • Can I deduct home office expenses?
  • How can I determine what my business is worth for estate and gift tax purposes?
  • How can I keep my business in the family?

Downloadable Client Forms

  • Basic Personal Income Tax Information Questionnaire
  • 2022 Dependent Information
  • Business Income Tax Information
  • Farm Activity Information
  • Non-Cash Donation Valuation Form
  • 2022 B Johnson & Assoc Client Newsletter

Recommended Internet Sources

  • Internal Revenue Service (IRS)
    The IRS is the U.S. government agency responsible for tax collection and tax law enforcement. It provides resources for understanding federal tax regulations, filing taxes, and managing tax-related issues for individuals, businesses, and tax professionals.
  • Olsen’s Classic 164 Currency Converter
    Olsen’s Currency Converter offers up-to-date exchange rates for 164 currencies worldwide, along with historical data. You can view conversion rates for any currency pair dating back to January 1, 1990, updated daily at 8:00 p.m. EST.
  • Savings Bond Wizard
    This Windows application helps users manage their U.S. savings bonds, allowing them to track inventory, check redemption values, view earned interest, and maintain an organized record of bonds. It is a helpful tool for tracking and maintaining savings bond investments.
  • The Bureau of the Public Debt
    An office within the U.S. Department of the Treasury, this bureau manages the U.S. government’s debt, including issuing and redeeming U.S. Treasury securities. It provides resources on debt management and public debt-related information.
  • Library of Congress Thomas Legislative Information
    Thomas is an online resource from the Library of Congress that provides comprehensive information about federal legislation, the workings of Congress, and legislative committees. It also links to state-level legislative websites and offers access to bill summaries, voting records, and legislative calendars.