Resource Center Please feel free to review our library of articles, planning tools and FAQs.  The library contains a broad variety of information on business, tax, and financial planning issues. This information is provided for general information purposes only.  Thompson Myers & Associates, P.C. makes no warranties about the applicability of this information to your individual situation and strongly suggest that you consult a qualified professional before acting on any of the information contained in this website.  This information is not intended to substitute for sound advice from qualified professionals, and should not be used for that purpose.

Business Owner   Articles     Benefits and retirement plans       Benefit plans for small businesses       Group health insurance: a valued employee benefit       Health insurance for the self-employed       Key employee life and disability insurance       Life insurance for the self-employed       Retirement plans for small businesses       What employers need to know about workers' compensation insurance     Starting a business       Advantages and disadvantages of self-employment       Funding a business       Record keeping for your own business     Transferring or selling a business       Funding a buy-sell agreement with life insurance   Decision Tools     Choosing an entity       Choosing a business entity       Comparison of LLCs, LLPs, and professional corporations     Insurance planning       Business life insurance needs       Number of policies needed with a cross purchase plan     Transferring or selling a business       Business succession strategy analyzer       Buy-sell planning questionnaire       How cross purchase plans work       Planning for succession of a business interest   FAQs     Advertising a business       How can I get free publicity for my business?       How do I know where to advertise my business?       What is the best form of advertising?     Employee benefits and other issues       How can I boost the morale of my employees without incurring huge expenses?       How can I find good employees for my business?       What are health reimbursement arrangements?       What are incentive stock options (ISOs)?       What benefits should I offer to my employees?     Incorporating a business       Can I change my business from a C corporation to an S corporation?       Can I change my business from an S corporation to a C corporation?       Should I incorporate my business?     Noncompetition agreements       I am buying a business. Can I make the seller sign a noncompetition agreement?     Starting a business       Don't most small businesses fail?       How do I find good advisors such as lawyers and accountants to help with my business?       Is buying a franchise a good way to get into business?       Should I buy an existing business or start from scratch?       Should I buy or lease assets for my business?       What are the stages of business development?       What should I look for in a business location?     Valuing a business       How can I determine what my business is worth for estate and gift tax purposes?   Protection Planning   Articles     Business insurance       Business liability insurance basics       Business overhead expense insurance       Commercial general liability       Disability income insurance for the self-employed       Funding a buy-sell agreement with disability insurance       Funding a buy-sell agreement with life insurance       Group health insurance: a valued employee benefit       Health insurance for the self-employed       Income tax tips: business insurance       Offering group disability insurance       Why insure your business?   Retirement Planning   Articles     Saving for retirement       Choosing a beneficiary for your IRA or 401(k)       Closing a retirement income gap       Deciding what to do with your 401(k) plan when you change jobs       Estimating your retirement income needs       Evaluating an early retirement offer       Saving for retirement and a child's education at the same time       Taking advantage of employer-sponsored retirement plans   Decision Tools     401(k) plans       401(k) plans       Individual 401(k) Illustration     Retirement planning basics       Consumer price index inflation calculator       Growth of annual deposits calculator       How taxation can affect your retirement funds       Investing for retirement       Net worth calculator       Personal cash flow worksheet       Saving for your retirement       What is your risk tolerance?   FAQs     Employer-sponsored retirement plans       Can I roll a retirement plan distribution into an IRA?       Can I still have a traditional IRA if I contribute to my 401(k) plan at work?       My company has a profit-sharing plan. How do these plans work?       Should I contribute to my 401(k) plan at work?       What does the term "qualified plan" mean?   Tax Planning   Articles     General tax planning       Am I having enough withheld?       Choosing an income tax filing status       Help! I can't pay my tax bill       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