Inspiration Ministries

News

Tuesday February 21, 2017

Our News
Exciting events are happening at Inspiration Ministries
Thank you for your interest in Inspiration Ministries! We have helped thousands of friends to increase income and reduce their taxes. We serve you by offering ways to maximize the resources God has given you. We offer this site to assist with Christian planning so your values will extend to future generations.
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Savvy Living
How Medicare Covers Preventive Health Services
Does Medicare cover 100% of all preventive health care screenings? I'm due to get a colonoscopy and a few other tests, but I want to find out if I'll have to pay anything before I proceed. Medicare currently covers a wide array of free preventive and screening services to help you stay healthy, but...
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Washington News
IRS Warns With
This week the IRS published five "Dirty Dozen" list warnings. Each year, the IRS highlights various tax scams. This education helps taxpayers avoid tax trouble by using only the proper tax filing strategies. The five scams on the "Dirty Dozen" list are frivolous arguments, hiding assets offshore, padding deductions, falsifying income to claim tax credits and micro-captive insurance transactions. Frivolous Arguments - Each year promoters of frivolous tax claims lead many taxpayers astray. The taxpayers claim zero income tax on dubious theories -- there is no duty to pay tax on religious or moral grounds, only federal employees must pay tax or only overseas income is taxable. IRS Commissioner John Koskinen stated, "Taxpayers should steer clear of tax-avoidance arguments and the unscrupulous promoters of such schemes. Taxpayers tangled up in these scams end up paying back taxes and often...
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Personal Planner
Gifts of Cash
Many people use their annual gift exclusion as part of an overall estate planning strategy. Sara: "We had a pretty good...
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