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Unlocking Financial Relief: How Medicaid Waiver Payments Offer Tax Benefits and Tax Free Income

Medicaid waiver payments have become a significant aspect of the healthcare and tax landscape in the...

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The Purse of Theseus: Superfakes, Taxation, and the Philosophy of Duplication

Dive into the world of ‘superfake’ handbags and how these impressive replicas can wreak havoc on...

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How Health Savings Accounts Can Supercharge Your Tax Savings

In the labyrinth of financial planning and tax-saving strategies, Health Savings Accounts (HSAs) emerge...

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Maximizing Benefits and Navigating Pitfalls: Understanding the Tax Implications of Inheriting or Receiving a Home as a Gift

A frequent question, and a situation where taxpayers often make tax mistakes, is whether it is better...

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Essential Tax Benefits Every Parent of a Disabled Child Should Know About

For families who have disabled children or children with special needs, tax laws provide opportunities...

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Gift and Estate Tax Primer

The tax code places limits on the amounts that individuals can gift to others (as money or property)...

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Tax Facts about Claiming Tax Benefits for Childcare Expenses

Many parents who work or are actively looking for work must arrange for care of their children after...

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May 2024 Individual Due Dates

Here are the May 2024 Individual Due Dates...

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Installment Sale – a Useful Tool to Minimize Taxes

Using the installment sale method of receiving and reporting the gain from the sale of a capital asset...

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Reminder: Claims For Recovery Rebate Credit About to Expire

The Recovery Rebate Credit was designed for those who did not receive one or both Covid-19 pandemic-related...

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Proving Noncash Charitable Contributions

Tax legislation passed in late 2017 nearly doubled the standard deduction for years 2018 through 2025,...

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Haven’t Filed Your 2020 Tax Return? You May Be Forfeiting a Substantial Refund

If you have not yet filed your 2020 federal tax return and have a refund coming, time is running out!...

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