Even with good insurance and a low deductible, no one truly enjoys paying medical bills. One bright spot to big bills is the opportunity to claim your medical expenses as a tax deduction on your tax return, as long as...
Q: I was diagnosed cancer with this year, and am currently receiving treatments. Will this have any affect on my tax situation? A: I am sorry to hear about your diagnosis, but hopefully this information will help you. If you have...
Are you in peak condition, eating right, exercising faithfully every day, full of energy and rarin’ to go? Yeah, I didn’t think so. For most Americans, that is a dream but not a reality. Here are five ways to get...
Did you spend a lot of money on your medical care last year? If so, you may be eligible for the medical expense deduction. In total, you must spend more than 10% (7.5% if you are age 65 or older)...
Being a family caregiver can be lonely sometimes, but know that you are not alone. There are 52 million people in the U.S. who provide caregiving to an adult family member or friend. Caregiving can be time-consuming and it is...
Each year, June 28 marks National Insurance Awareness Day, serving as a reminder that it’s a good time to review your insurance coverage and ensure that it still fits your needs. This is particularly true for health insurance and making...
On the medical front, there’s good news. Though medical expenses cost a bundle, medical insurance premiums, co-pays and uncovered medical expenses are deductible as itemized deductions on your tax return, and that can help defray the costs. But before you...
If you need to enroll in your employer provided Flexible Spending Account due to your plan’s open enrollment, changes in employment, or family size, here are some tips to help you figure out how much to contribute to your FSA...
When you begin your tax paperwork organization ritual, no doubt one of the top priorities on your list will be your tax deductions. And, as we all know, if you’ve paid any medical bills, been to the dentist, spent any...
Tis the season to overindulge and eat too much. Well, before you try to deduct your gym membership dues there are some things you need to know. Michael Rubin explains requirements for deducting your weight loss expenses. What do you...
Even with good insurance and a low deductible, no one truly enjoys paying medical bills. One bright spot to big bills is the opportunity to claim your medical expenses as a tax deduction on your tax return, as long as... 
