Family & Health

Is Child Support Tax Deductible?

Are you struggling to figure out if you can write off your child support payments on your taxes? It can be confusing and frustrating trying to navigate the complicated tax laws around child support.  Dealing with child support payments can be... Read More

Can I Claim My Emotional Support Dog on my Taxes?

As a dog owner, you may be wondering whether your pet qualifies for a tax deduction.You love your dog so much and in your view, it's emotionally supporting you, does that not count for something?Can you deduct the costly vet bills and pet supplies... Read More

EXTENSION GIVEN TO OBTAIN HEALTH CARE INFO

EXTENSION GIVEN TO OBTAIN HEALTH CARE INFO Extension given to obtain health care info. For those of you thinking of filing your tax returns, regulations were published giving an extension of time for the providers of health care, including healt... Read More

HEALTH CARE AFFORDABILITY TEST FOR FAMILIES

Health care affordability test for families. The IRS in regulation 114339-21, issued final regulations for the affordability test for families, which were the same as the Final Regulations they passed in April of ii2022. It is an affordability ... Read More

2021 TAX FILING AND TAX BENEFITS

2021 tax filing and tax benefits. With the upcoming tax filing season quickly approaching, some basic things should be looked at for many taxpayers, as these are benefits due them and ways to decrease any tax liability. First and foremost are p... Read More

HEALTH CARE AND INFLATION REDUCTION ACT

Health Care and Inflation Reduction Act. In 2020, Democrats campaigned pledging to change the Health Care system and to jumpstart Green Energy, as climate change continued to wreck havoc among Americans. With the passage of the Inflation Reduct... Read More

SUPREME COURT LETS HEALTH LAW STAND

Supreme Court lets health law stand. In our ongoing coverage of cases related to either tax issues, or Tax Court, we look at a case the U.S. Supreme Court ruled on recently. Tax Resolution Services sometimes spill over into the need for Tax Cou... Read More

HEALTH COVERAGE DEADLINE NOW EXTENDED

Health coverage deadline now extended. The IRS has announced that it is extending the due dates for sending certain health care information statements to individuals as required under the Patient Protection and Affordable Care Act, P.L. 111-148. T... Read More

UNIVERSAL HEALTHCARE HAS BECOME POLITICAL

Universal healthcare has become political. With the number of people uninsured in the United States continuing to go up, and the cost of prescription drugs going up, the public outcry over the cost and quality of the United States healthcare syste... Read More

PART OF GENETIC TESTING IS MEDICAL CARE

Part of genetic testing is medical care. In a redacted Private Letter Ruling the IRS has ruled that a portion of ancestry genetic testing (consisting of a DNA collection kit and health services) is medical care and hence, that portion of the costs... Read More