|
|
Hi, Website Visitor. Here are your Articles for December 12, 2007.
|
According to the tax law, medical expenses can only be deducted to the extent that they are greater than 7.5 percent of adjusted gross income. Most taxpayers remember to include their health insurance premiums, long-term care insurance, dental insurance and Medicare, but there are more deductions available. In addition, you may normally not be able to itemize your deductions, but once you enter your deductible medical expenses into the calculation, you may find out that you are able to itemize your deductions.
Full Article
Save Article
Email Firm
|
|
 |
|


We take great care in the preparation of our articles and announcements. We also have a process of reviewing articles when major changes take place. The business, legal and tax climate is constantly changing especially when reviewed on an industry basis.
It may be very important to consult with us or your Investment Advisor before implementing ideas contained in articles and announcements. Many ideas have complexities and nuances that cannot be adequately detailed in the articles or announcements. We are not responsible for errors, misinterpretations or omissions related to these articles or announcements. Nor are we responsible for the applicability to your personal, business or tax situation.
Pursuant to Circular 230 promulgated by the Internal Revenue Service, if this email, or any attachment hereto, contains advice concerning any federal tax issue or submission, please be advised that it is not intended or written to be used, and that it cannot be used, for the purpose of avoiding federal tax penalties unless otherwise expressly indicated.
|
419 West High Avenue New Philadelphia, OH 44663-5120
|