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No one likes to think about medical emergencies or hardships, but the truth is, many people will face a situation at some point in their lives where insurance does not begin to cover all of the expenses incurred from a health issue. During those situations, the IRS offers some relief to taxpayers in the formRead more about Medical Expenses and Your Taxes for the 2018 Filing Year[…]
We all know teachers spend their own money to ensure that their students classroom needs are met. This could be in the form of supplies, or supplemental materials or it might be through continuing education courses. A poll conducted by Scholastic shows that teachers in poverty stricken areas can spend more than $500 of theirRead more about Claiming the Educator Expenses Deduction[…]
With the holiday season in full swing most Americans don’t want to be thinking about taxes. But with the tax reform bill passing today now is the perfect time to make sure you are paying attention to your potential deductions for THIS year. With the House of Representatives passing H.R.1 their version of the taxRead more about Tax Reform Leads to Changes for American Tax Payers[…]