There are many resources available on the Internet to help you and your clients with tax planning. Two of the best, according to Forbes' Best of the Web: Tax Planning are the Financial Planning Toolkit from CCH and AccountantsWorld Tax and Accounting Directory.
CCH's Financial Planning Toolkit offers an excellent Basic Tax Guide and animated calculators with detailed explanations and printable reports. Here users will find top tax stories in the news and sections including:
- Personal Financial Advisor
- Financial Planning Process
- Insurance and Risk Management
- Retirement Planning
- Estate Planning
- Tax Planning
The site's only weak spot, according to Forbes, is that it links only to the Internal Revenue Service (IRS) web site.
AccountantsWorld Tax an Accounting Sites Directory is a gateway to a wealth of accounting resources on the web hidden behind a less than impressive beginning. The bland table-like start page leads to dozens of Tax, Accounting and Payroll/HR Topics and a vast index of tax links that are logically organized and arranged in a way that is both intuitive and easily skimmable. Unfortunately, the site doesn't have any commentary or original content though it links to many sites, including AccountingWEB and the IRS web sites, that do.
The best tax planning sites aren't just useful in April. They contain useful tips, worksheets, forums and news that is helpful all year long.