After retiring, medical expenses can mount. Without the benefits of health insurance, a health savings account or HSA can reimburse you for a variety of qualified medical expenses...
My rich uncle would say, Even if I purchased my daughter a $1M home, she would still not be able to afford it because of the real estate tax. Unfortunately, one of the most overlooked...
It can be difficult enough to pay a tax debt, but once penalties are added, the cost can be even higher. However, the IRS provides an option to avoid the additional debt of penalties....
Posted by Brian Walsh EA on 03/19/2016
Contributing to a health savings account or HSA before you retire can provide various benefits after you turn 65. These plans typically cover just qualified medical expenses, which...
A health savings account or HSA provides the ability to be reimbursed for a variety of medical expenses with tax free dollars. However, the benefits of the HSA continue after you turn...
Posted by Larry Gurewitz on 03/18/2016
Tax time is often stressful for a number of reasons. Taxes are, of course, themselves a bit of a headache with rules, regulations and conditions that change from one year to the next....
When the Affordable Care Act (ACA) was enacted, there were also various tax provisions that went into effect, along with specific requirements to have health insurance. Various groups...
Many people who receive a tax refund thanks to the student loan interest deduction will go and spend the money on a fun trip or something that is frivolous but that they have wanted...
Posted by Shabnam Merali on 03/02/2016
Most taxpayers would consider a vehicle or car a necessary part of everyday life, including the expenses that go along with it. As such, it might be worth tracking your vehicle expenses,...