
Welcome to the Island Tax and Accounting Group web site where you will find a wealth of information in the form of newsletter articles, calculators, and research reports.
Please check out the Learning Center. It is here that you will be able to find answers to everyday questions and articles on current events. We have Calculators that will help you figure out the amount of a loan or mortgage, required minimum distributions from your retirement plan or IRA, tax calculations, retirement calculations and many more. We have Articles that discuss hundreds of topics in short and easy to understand format. Even though we do not sell securities or offer investment advice to our clients, we offer a Market Watch that will help you track and maintain your securities - check it out!
Newsletters
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HOT TOPIC: How COVID-19 Has Changed Consumer Behavior and the Future of Retail
This article looks at the “new normal,” its effect on consumer behavior and the retail industry, and what that could mean for the economy.
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Consider a Roth Conversion for Tax-Free Income
Lower tax rates and asset values may make now the time to consider a Roth conversion. This article outlines the rules and potential benefits.
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Consider Market Caps for Diversification
2020’s market volatility combined with holding stock in different-sized companies might help you diversify your equity portfolio at a discount.
Calculators
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Required Minimum Distributions
Estimate the annual required distribution from your traditional IRA or former employer's retirement plan after you turn age 72.
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Life Insurance
How much life insurance would you need to produce a sufficient income stream for your family?
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Retirement Plan Early Distribution
Estimate how much would remain after paying income taxes and penalties if you took an early distribution from a retirement plan.
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Cost of Retirement
Use this calculator to estimate how much income and savings you may need in retirement.