Financial Tools

As accounting professionals, many questions are posed to us on a daily basis ranging from simple to complex. These interactive financial calculators and other tools are a resource to assist you with some of the day-to-day questions and concerns that may arise. While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in the decision making process.


Breakeven Analysis
Find out how many and what price you must sell your product at to make a profit.
Business Valuation - Discounted Cash Flow

This tool calculates a business valuation based upon the discounted cash flow methodology – illustrating how changes in projected growth rates and capital assumptions impact the business Net Present Value.

Cash Flow Calculator

Having adequate cash flow is essential to keep your business running. Use this calculator to help you determine the cash flow generated by your business.

Equipment Buy vs. Lease

Should you lease your equipment or finance it? Find out with this calculator!

Financial Ratios

This calculator helps you to zero in on areas of your business that may need attention. Areas such as solvency, liquidity, operational efficiency and profitability.

Inventory Analysis

How much inventory you should hold, and the efficient timing of your inventory orders.

Working Capital Needs

Working capital essential to running your business. This calculator assists you in determining your working capital needs for the next year.


Disability Insurance
Use this calculator to determine how much disability insurance you may need to cover expenses if you are unable to work due to illness or injury.
Life Insurance Calculator

Find out how much life insurance you really need!

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


Asset Allocation Calculator
Use this calculator to determine how much disability insurance you may need to cover expenses if you are unable to work due to illness or injury.
Investment Property Calculator

An investment property can be an excellent investment. This calculator is designed to examine the potential return you might receive from an investment property.

Lump Sum Annual Return Calculator
Use this calculator to determine the annual rate of return of known lump sum starting and ending amount.
Lump Sum Future Value Calculator
Use this calculator to determine the future value of a lump sum.
Lump Sum Present Value Calculator
Use this calculator to determine the present value of a future lump sum.
Taxable vs. Tax Deferred Investments

This calculator is designed to help compare a normal taxable investment vs. a tax deferred investment.


Mortgage Comparison: 15 Years vs. 30 Years
Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you.
Mortgage Loan Calculator

Use this calculator to determine your monthly payment and amortization schedule.

Mortgage Refinance Calculator

Should you refinance your mortgage? Use this calculator to determine when you will break even.

Refinance Interest Savings
Use this calculator to see how much interest you can save by refinancing your mortgage!

Personal Finance

Basic Calculator

This works just like a pocket calculator.

Net Worth
This calculator helps you determine your net worth. It also estimates how your net worth could grow (or shrink!) over the next ten years.
Checkbook Balancer
Balance your checkbook with this quick and easy calculator.
Home Budget Analysis
Analyze your budget, see where your money goes and find out where you can improve!
Should my spouse work?
This calculator is designed to help you see the financial impact of having either one or two incomes for your household
Student Budget
This calculator is specifically designed to help students understand their expenses and income while attending a university, college or other full-time educational institution.


401(k) Calculator

A 401(k) can be one of your best tools for creating a secure retirement. Use this calculator to see why this is a retirement savings plan you cannot afford to pass up.

Required Minimum Distribution (RMD) for Current Year

Use this calculator to determine your Required Minimum Distributions (RMD) as an account owner of a retirement account for the current year.

Retirement Income
Use this calculator to determine how much monthly income your retirement savings may provide you in your retirement.
Retirement Planner with Retirement Earnings

Plan your retirement with pension and possible retirement employment income. Find out if you are on track – and learn how to stay there.

Roth IRA Calculator

Use this calculator to compare the Roth IRA to an ordinary taxable investment.

Roth IRA Conversion

This calculator will show the advantage, if any, of converting your IRA to a Roth.

Roth IRA vs. Traditional IRA

Use this calculator to determine which IRA may be right for you.


Benefit of Spending Less
Reducing your spending can be worth more than you might think. Use this calculator to see just how much your budget reductions may be worth.
College Savings
Use this calculator to help develop or fine tune your education savings plan.
Don't Delay Your Savings!

Waiting to begin your savings plan can have a huge impact on your results. This calculator helps show you how much postponing your savings plan can really cost.

Compare Savings Rates
Even a small difference in the interest you are paid on your savings can add up over time. Use this calculator to see how different savings rates can impact your savings strategy!
Savings, Taxes, and Inflation
Use this calculator to determine how much your savings will be worth with these two important variables in mind.
Compound Savings Calculator
Find out how consistent investments over a number of years can be an effective strategy to accumulate wealth.
Compounding and Your Return Calculator

This calculator demonstrates how compounding can affect your savings.


1040 Tax Calculator
Enter your filing status, income, deductions and credits and we will estimate your total tax. Based on your projected withholdings for the year, we can also estimate your tax refund or amount you may owe the IRS next April.
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.
Marginal Tax Rate Calculator
Use this calculator to determine your marginal and effective tax rates. This calculator sorts through the tax brackets and filing options to calculate your true tax liability.
Payroll Deductions Calculator
Use this calculator to help you determine the impact of changing your payroll deductions.
Self-Employment Tax Calculator
If you are self-employed, operate a farm or are a church employee use this calculator to determine your self-employment taxes for tax year 2019.



We have compiled a list of websites that we have found to be helpful sources of information.  These being external links, Szymkowiak & Associates does not claim to endorse any of these sites other than to provide them as an additional resource.


A foreign currency converter is used by our professional staff members.


The Official Website of the U.S. Social Security Administration.

Small business programs and services to help you start, grow, and succeed.


Daily Local Business News, Resources & more for Buffalo, New York.

Complete financial news service offers personalized news and market quotes. Plus, links to Barron’s Online and Smart Money Interactive.


Home of the IRS on the Web. The IRS has definitely done a nice job on their Website.

New York Department of Revenue

Search engine for NYS charities providing information on registration and access to prior year returns.

Access to publicly traded partnership Schedule K-1’s