Health care is one of the most critical expenses for retirees, but not only because the elderly tend to access more medical services. Even if you've never seen your doctor, your...
Posted by Debi G Hill, CPA on 01/23/2020
Do you want to know how to save money or how to strategically save money?These two are completely different. People who suddenly remember that they need to save money — whether...
Posted by Advanced Accounting & Tax Planning on 01/19/2020
How do you account for the costs of health care alongside planning for your retirement? If you're like the others, you are underestimating these expenditures.While Medicare Part...
Posted by YourIRSTaxAdvocate.com on 01/19/2020
Although it may seem little, the interest you earn during the year is not tax-free. The interest is subject to the same tax rates as the rest of the income.Sources of interest income...
Posted by LLOYD J CAZES CPA on 11/25/2019
The life of a retiree should only be canvas boats and golf trips on weekends. (This may be true if you've made a fortune in your career). For the rest of us: we will try to find...
Posted by Valderas Financial Solutions LLC on 11/12/2019
Rather than handing over their hard-earned cash to the government, American wage earners are given a chance to pocket more income through itemizes tax deductions. Deductions have long...
Tax time is on the rise, and if you collect information on health costs, you may wonder whether hospitals pay taxes and how health taxes differ from industry taxes. The answer is a...
Posted by Advanced Accounting & Tax Planning on 08/02/2019
You are entitled to an array of tax deduction and credits if you are disabled. This may result in the IRS sending you money and eliminate your income tax liability. If you have...
Posted by John Pournaras Agency on 06/25/2019
Even though tax comprises a lot of things that come as benefits such as healthcare or education, there is a common belief that Canadians pay more taxes than their American counterparts....
Posted by The Accounting and Tax on 06/22/2019