Questions about the Affordable
Care Act and how it affects Taxes?
The IRS has been charged with being the watchdog for the Affordable Care Act. Beginning in 2014, you
will need to provide health insurance information to your tax preparer. Read the article by the IRS to see how this
may affect you.
Schnepper tells you how to save time and money by organizing your information BEFORE you take it to your tax preparer. By
organizing your information, not only do you save money on the tax preparation, but you have all the information together
in case of an IRS audit.
Beginning on Jan 1, 2018, the standard mileage rates for the use of a car, van, pickup or panel truck
will be: 54.5 cents per mile for business miles, up from 53.5 cents in 2017. 18 cents per mile
for medical or moving purposes, up from 17 cents in 2017. Charitable mileage rates remain the same at 14 cents
IRS warns of new Identity Theft Scams using the IRS name. The article below
lists various scams that are out there now. It also tells you how to spot a scam. Check out the link below for