The Top Cash Flow Tips That Medical Practices Need to Follow
Getting a hold of your medical practice’s cash flow situation may be difficult, but it certainly isn’t impossible – provided that you’re able to keep …
Medical
Is there a Tax Break for Tuition Paid to Special Schools?
A component of itemized deductions is the cost of medical care. The total of eligible medical expenses paid during the tax year is reduced by 7.5% of …
Video Tips: Tax Break for Special Education Tuitions and Expenses
When itemizing deductions in the tax return, a taxpayer can include medical expense payments to a special school for a mentally impaired or physically disabled person if the main reason for using the school is its resources for relieving the disability. Watch this video for a better understanding of this tax break.
Costs for Installing Medically-Related Home Improvements Have Tax Benefits
According to the Social Security Administration, 10,000 baby boomers a day are reaching the age of 65, as of 2018 16% of Americans were age 65 or olde…
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