BUNCHING YOUR DEDUCTIONS CAN PROVIDE BIG TAX BENEFITS
Article Highlights:
Itemized Versus Standard Deductions
Medical…
ADDITIONAL MEDICARE (HOSPITAL INSURANCE) TAX - HIGH-INCOME TAXPAYERS
The Medicare (aka Hospital Insurance (HI)), tax rate (currently…
HOW DOES THE AFFORDABLE CARE ACT AFFECT YOU AND YOUR TAXES?
The health care legislation, the Affordable Care Act (aka Obamacare),…
$500,000 COMPENSATION DEDUCTION LIMIT FOR HEALTH INSURANCE ISSUERS
For services performed during that year, a covered health insurance…
IMPAIRMENT-RELATED MEDICAL EXPENSES
Amounts paid for special equipment installed in the home or for…
AMERICAN HEALTH BENEFIT EXCHANGES
Each state may establish an Insurance Exchange (more often termed…
LONG - TERM CARE FOR ELDERLY
Many taxpayers as they get older acquire insurance to cover the…