Latest News

IRS sets mileage rates for 2012. The business rate remains 55.5 cents/mile, the medical/moving rate drops to 23 cents/mile, and the charitable rate remains at 14 cents/mile.

For 07/01/2011 through 12/31/2011 the mileage rates are 55.5 cents/mile for business, 23.5 cents/mile for medical/moving, and 14 cents/mile for charitable purposes.

For 01/01/2011 through 06/30/2011 the mileage rates are 51 cents/mile for business, 19 cents/mile for medical/moving, and 14 cents/mile for charitable purposes.
SKOWRONSKI & SKOWRONSKI, P.C.

Tax-Time Tips

The income tax filing season has begun and important tax documents should be arriving in your mailbox. Even though your return is not due until April, you can make tax time easier on yourself with an early start. Here are some tips to ensure a smooth tax-filing process.

  • Gather your records - Round up any documents you’ll need when filing your taxes: receipts, canceled checks and other documents that support income or deductions you’re claiming on your return.
  • Be on the lookout - W-2s and 1099s will be coming soon; you’ll need these to file your tax return.
  • Consider direct deposit - If you elect to have your refund directly deposited into your bank account, you’ll receive it faster than a paper check in the mail.
  • Consider E-filing - Last year e-filed returns received refunds faster than traditional paper returns.
  • Don't forget IRA contributions - If you qualify, you can make a deductible IRA contribution for 2011 until April 15, 2012.