Tag Archive for: medicare

The Inflation Reduction Act and Taxes: What You Should Know

The U.S. Senate just passed the Inflation Reduction Act of 2022—a climate, energy, healthcare, and tax bill that would increase IRS funding, and change some tax policy and tax credits. The House of Representatives is expected to take up the legislation on Friday, August 12th In the meantime, it’s good to have information about how the Act might impact your taxes. CLICK ON THE HEADLINE FOR MORE

Here’s How Much Money You Could Get From Biden’s $1.85 Trillion Spending Bill

The framework for the Build Back Better Act includes thousands of dollars in tax credits and federal assistance for millions of Americans. For the eight ways that the legislation could put money in your pocket and help you save, CLICK ON THE HEADLINE

Couples May Score A Bigger Tax Break With This Flexible Spending Account Strategy

The American Rescue Plan boosted child-care assistance through temporary changes to dependent-care FSAs. The law increased 2021 dependent-care FSA limits to $10,500 from $5,000, offering a higher tax break on top of existing rules allowing more time to spend the money. CLICK ON THE HEADLINE FOR MORE

Is This Retirement Account The New 401(k)?

The best place to stash your savings isn't a retirement account at all -- it's your health savings account. If you don't have one or don't know what they are, you definitely want to read this. CLICK ON THE HEADLINE FOR MORE

Test Your Tax IQ Before The Presidential Election

With the November election approaching, now is a good time to evaluate the candidates’ positions on taxes. CLICK ON THE HEADLINE FOR MORE

7 Steps to Understanding the Affordable Care Act This Tax Season

As we head into tax season here are tips and advice about ACA law and its requirements. CLICK ON THE HEADLINE FOR MORE