Are health insurance premiums tax deductible? It’s a question that tends to come up each year as people start thinking ahead about their taxes. It is also a question that’s hard to answer because there are many things involved in taking tax deductions. At one time, every person had to have health insurance or pay a tax penalty based on the rules set forth by the Affordable Care Act but there have been some changes. An insurance deduction would come in handy for most people, but how and when can you make use of that tax benefit? Click to read more
Having delinquent taxes is an issue that is not hard to resolve. Just because you failed to pay or file those tax returns on time does not mean it is the end of the world, especially if you have a disagreement with the Department of Revenue. If you know how to fix delinquent taxes, then it can make your financial condition a lot better. There are various ways to resolve it, but for now, let’s tackle the basics! Click to read more
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