- Tax Planning- Estate Tax Planning - Knowing your potential estate tax liability is a great place to start your estate tax plan. Use this calculator to estimate your estate tax liability.
- Charitable Giving- Charitable Giving Tax Savings - Use this calculator to determine your potential tax savings with a tax deductible gift to charity. This calculator sorts through the tax brackets and filing options to estimate the actual tax savings of your charitable gift.
- Estate Taxes
- Tax ServicesFor over 30 years, Michael Choate Associates CPAs has provided tax preparation and strategies, financial statements, accounting solutions, and consulting services to businesses, professionals, entreprenuers, and success-oriented individuals.
- Roth IRA
- Real Estate TaxesThere are also additional taxes coming for this group in the Obama care health plan. Not to mention payroll taxes, state and local income taxes, real estate taxes, business property taxes and occupational license taxes. Enough with the tax increases! This is a bad idea on so many levels its unreal!
- Tax DeductionsThis article will summarize some of the basic rules and regulations regarding the tax deductions related to meals and entertainment and how to document your activities. In other words, I want to help you deduct your lifestyle!
- Income TaxBring a copy of your prior year tax return and current year information (W-2, 1099, a list of deductions). We will make a list of additional items needed after the first meeting. See the Income Tax Organizer under Tax Tips.
- Capital Gains Taxes- Company Stock Distribution Calculator - If you own company stock in a retirement plan you may be able to take advantage of using the long term capital gains tax rate rather than your ordinary income tax rate on this investment.
- Business Tax Return PreparationYour cost depends on the complexity and time required to prepare your return. Our average price for last year was $900 - $1,500. Accounting work and consulting is billed separately.
- Mutual Funds- Mutual Fund Expense Calculator - This calculator can help you analyze the costs associated with buying shares in a mutual fund. By entering a few pieces of information, found in your fund's prospectus, you can see the impact of fees and operating expenses on your investment.
- Bonds
- Accounting ServicesWith over 30 years of public accounting experience, our goal is to create ideas and innovate strategies to maximize your profits and net worth as well as minimize your income taxes. Our clients receive timely and quality accounting services at a reasonable cost. Our practice serves the greater Baton Rouge area as well as the North Shore in Mandeville. Whether you need help with basic accounting, income taxes, debt financing, business sales and acquisitions or investment and retirement planning, our friendly, professional team is ready for action.
- Financial PlanningAnne is a tax CPA with the firm with over 20 years of experience with CPA firms, Financial Planning firms and real-estate firms. She is originally from Rhode Island and graduated from the University of Rhode Island, Kingston. She also attended the University of New Orleans and has an MBA degree from Tulane.
- Retirement Planning- Required Minimum Distribution (RMD) for Current Year - The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from some types of retirement accounts annually, starting the year you turn age 70-1/2. Determining how much you are required to withdraw is an important issue in retirement planning. Use this calculator to determine your Required Minimum Distributions.
- Long Term Care- Long Term Care Calculator - Long term care is needed by those who can't perform the basic tasks required to take care of themselves. This calculator can help you determine if you are financially prepared for this impending expense.
- Reverse Mortgages- Reverse Mortgage Calculator - This calculator is specifically designed to show you how the outstanding balance of a reverse mortgage can rapidly grow over a period of time.