IRS Issues Long-Term Care Premium Deductibility Limits for 2016
The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2016 taxes as a result of buying long-term care insurance.
Beware Medicare's Penalties for Late Enrollment
For this reason, Medicare imposes fairly fairly significant late-enrollment penalties for those who postpone signing up. To encourage everyone to sign up when they first become [...]
What Is Cost Basis and How Do You Prove It?
Knowing the "cost basis" of your property is important for tax purposes, but proving cost basis can be difficult.
Social Security Benefits to Remain Flat in 2016, While Millions Could Get Stuck With Huge Medicare Increases
For only the third time in 40 years, the nation's elderly and disabled Social Security recipients will not receive an increase in benefit payments next year. However, as a direct result [...]
Medicare Open Enrollment Means It's Time to Shop Around
Are you happy with your Medicare coverage? It is time to review whether your plan or plans are working for you.