Year-end tax tips for 2016
WROC Rochester First
CPA Michelle Staebell from the New York State Society of CPAs discussed some year-end tax tips Monday on News 8 at Sunrise. "There's so many decisions happening right now," said Staebell. "For employees, they can elect retirement contributions for next year, their health savings accounts, deductible benefits for their child care expenses, and flex savings accounts. All these things will effect 2017 returns but the decisions have to be now." Staebell discussed health insurance considerations.  "As far as we can tell, the Affordable Care Act is going to be in place and everyone needs to have health insurance," she said.