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Tax and Health Tips

All information about Health Tax, deductible premium, how to deduct your health care properly

Preparing for Early Retirement | Taxes and Your Money Making Hobby

By |July 18th, 2015|

What are Tax Implications of Your Money-Making Hobby when you are preparing for early retirement?

There’s no doubt that a moneymaking hobby can dramatically reduce the amount of time until retirement. Not only can you sock away more money, you can also use that income during your retirement. This reduces the amount that you need to […]

how to Deduct Health Insurance Premiums & Health Care Expenses on Your Taxes

By |June 17th, 2015|

Let's learn how to Deduct Health Insurance Premiums & Health Care Expenses on Your Taxes
The price of health care has been growing substantially faster than inflation, and will likely continue that trajectory contemplating the changes implemented by the Patient Protection and Affordable Care Act. This unfortunate trend may leave you wondering if you have any […]

How Premium Tax Credit Works and Why it’s Causing Major Problems

By |February 12th, 2015|

Learn now how Tax Credit Works and what are major problems related

For those who meet the criteria for Premium Tax Credit, the good news is that the US government is subsidizing premiums for essential health insurance coverage. After looking at how this works and who qualifies for the credit, this article will show how Premium […]

Deductible Medical Expenses: be aware of the tax breaks for 2014 return

By |February 2nd, 2015|

The changes to the Affordable Care Act, also known as Obamacare, have created some confusion with taxpayers for the 2014 tax returns. This means that you need to be sure you are aware of the tax breaks you are eligible for to deduct on your 2014 return.

Deductible Medical Expenses

Heath insurance premiums and other qualified medical […]

Avoid the penalty tax, get a health Insurance before the 15th of February

By |January 22nd, 2015|

Even if you aren't thinking about the upcoming tax season you know that your local tax preparer is already in action. This year will create complications for many individuals because for the first time Obama's Affordable Health Care Act is going to figure prominently in those tax form preparations. John Koskinen (IRS Commissioner) has gone […]