The Reverse Mortgage: A Cash Flow Solution for Seniors

The Reverse Mortgage: A Cash Flow Solution for Seniors

Some retirees have a significant amount of debt and inadequate income. One solution for those with equity in their primary home is a reverse mortgage.
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How Can Eldercare Qualify as a Medical Deduction?

How Can Eldercare Qualify as a Medical Deduction?

The cost of eldercare may qualify for a deduction as a medical expense. But as with anything tax-related, there are many factors to consider.
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Mother doing home schooling with child while wearing surgical face mask for coronavirus

Cafeteria-Plan DCAPs Get Temporary Boost from COVID-19 Relief Act

Employers use cafeteria plans to offer employees a menu of benefits. Among the most popular are enrollment in dependent care assistance programs (DCAPs).
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Eldercare can be a Medical Tax Deduction

Eldercare can be a Medical Tax Deduction

Many individuals are serving as care providers for loved ones, the cost of caring for them may be deductible as a medical expense.
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Deducting the Costs of Modifications for Senior-Proofing a Home

Deducting the Costs of Modifications for Senior-Proofing a Home

If you are planning to make such home improvements, you may be wondering whether any of the costs will be tax-deductible.
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Understanding Your Annual Social Security Letter

If you are receiving Social Security, then you have just recently…
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Tax Benefits for People with Disabilities

Individuals with disabilities, as well as parents of disabled…
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Child Daycare and Taxes

Child Daycare and Taxes Most households these days are two-income…
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