Many tax payers choose to contribute each year to their health savings accounts. This allows them to have money for those expensive medical bills as they get older. But once you turn...
All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...
Posted by Salter Elite Consulting on 02/16/2016
Medical expenses can be deducted from your federal tax return as much as they exceed 10% of your annual gross income. Most people are aware of the common medical expenses...
College is one of the largest expenses one will incur during their lifetime. With college tuitions rising steadily each year, and enrollment seeing a huge increase in the last...
Most likely, living in Miami, Florida, you have considered the possibility of buying property for the purpose of renting it out. Rental property can be a great source of income,...
In this article, I’m going to focus on assisting writers get every possible tax benefit just from writing. Becoming a very successful writer can undoubtedly be expensive, don’t...
In 2014, the Achieving a Better Life Experience, or ABLE, Act was signed into law after passing through the House and Congress. The act allowed people with disabilities to establish...
For many individuals, the provisions of the Affordable Care Act (ACA) have resulted in specific tax credits and potential penalties. Individuals and employers all have criteria to...
Medical expenses are a huge expense that you will have to pay throughout the year. Many people know that they can deduct some of their expenses for medical emergencies, as long as...