Tax and Financial Services

Do you need help with tax preparation? Are you a business owner who is in need of professional, knowledable expertise in the areas of accounting or tax planning? Maybe you are an individual that needs assistance with retirement planning. Whatever your needs are, from taxes to retirement planning, we are here to help.

Affordable Accounting & Tax Services, LLC offers a wide variety of services to assist individuals and businesses in their quest for "peace of mind." With over 20 years of experience we have the expertise to provide you with tax services, small business accounting, payroll services, retirement planning, college planning, or tax planning. We work with our clients to minimize their tax liability and assist in improving the "bottom line."

Our clients are important to us and we work hard to build long-lasting relationships. We are a family owned business and consider our clients part of the family.



                             

 

                     

Required Minimum Distributions

Estimate the annual required distribution from your traditional IRA or former employer's retirement plan after you turn age 70.

Life Insurance

How much life insurance would you need to produce a sufficient income stream for your family?

Home Affordability

Estimate of the maximum amount of financing you can expect to get when you begin house hunting.

Mortgage Acceleration

This calculator can help you determine how soon you can pay off your mortgage.

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Tax Law Keeps S Corporations Attractive

S corporations are more common than C corporations and partnerships, perhaps because they are not subject to the corporate tax. Instead, profits and losses flow directly to shareholders, who are currently taxed at lower individual income tax rates. Read why reorganizing as an S corporation may be a smart move.

Insurance for Two Could Benefit Your Heirs

Survivorship life insurance offers a way to help a couple's heirs pay estate taxes, probate costs, and other final expenses — and could be especially important after 2012 when the federal estate tax is scheduled to be significantly higher. Even if the estate tax doesn't apply to an estate, the insurance proceeds could benefit heirs or a favorite charity.

Bring Your Life Insurance Home From Work

Only 44% of American households have individual life insurance, a 50-year low. Many workers have life insurance as an employee benefit, however relying on a group policy could mean that coverage ends should a worker's job situation change. This article examines the benefits of term individual insurance and permanent life insurance.

Retirement Plans for Small Businesses

With standard 401(k) plans, the amount a company's owners can contribute to their own retirement account is often restricted by how much other employees contribute to the plan. With the safe harbor option, owners may be able to make larger contributions for themselves in exchange for making tax-deductible contributions or "matches" for employees.

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