Tools


Below you will find informational tools for your use. These have not been created by Faragalla & Associates.

Deductions

Itemized Deductions [provided by QuickBooks]
Standard Mileage vs. Actual Cost Method for Vehicle Deductions [provided by QuickBooks]

Calculators

Though not a substitute for advice and information provided by a qualified professional, our calculators offer a good starting point to a secure future. These have not been created by Faragalla & Associates.

Auto Loan Payment Calculator – Use this calculator to calculate an auto loan amount based on your desired monthly payment or to calculate a monthly payment based on an auto loan amount.
Cash Flow Calculator  – Use this to evaluate your personal income and expenses. 
Children’s Education Savings 
– Use this calculator to evaluate and determine if you need to make changes to your college savings plan.
Future Value of Investment Account – Calculate the future value of an investment account that has periodic deposits, withdrawals, and a constant interest rate compounded daily.
Family Budget Calculator – Measure the income a family needs in order to attain a modest yet adequate standard of living.
Loan Amortization Calculator – Use this calculator to calculate a loan amount based on your desired monthly payment or to calculate a monthly payment based on a loan amount.
Mortgage Calculator – Use this calculator to view the total interest and total payment for a mortgage based on the loan amount, years of payments, and annual interest rate you enter.
Mortgage Refinance Breakeven – Use this calculator to determine if you should refinance your mortgage and when you will break even.
Retirement Income Planner – Use this calculator to evaluate your retirement income plan.
Savings Calculator – Use this calculator to help you determine the right amount to save on a regular basis to achieve your goal.
Social Security Calculator – Estimate your Social Security benefits using the Social Security Administration’s Quick Calculator.
Maryland Withholding Calculator – Use this calculator to verify that your employer is withholding a sufficient amount of taxes to cover your tax liability for tax year 2018.
W-4 Withholding Calculator – The Calculator helps you identify your tax withholding to make sure you have the right amount of tax withheld from your paycheck at work.