Clues to help solve your financial and tax puzzles!

Monthly Archive August, 2006

FAQ#2 Job Hunting Expenses

August 3, 2006

If you are looking for a new job, some of your expenses may be deductible. Read this news article for more information (cut and paste into your browser):http://www.careerjournal.com/jobhunting/jobloss/20050317-byrnes.html

tax tips (fed) - Comments closed

FAQ #1 Can I deduct my Medical Expenses

August 1, 2006

The Internal Revenue Service lets you deduct medical costs as long as they are more than 7.5 percent of your adjusted gross income. Do not include insurance reimbursements in your total. For a rough mid-year estimate of whether you may meet this or not, subtract $16,000.00 ($8000.00 if single) from your prior year gross [...]

reminders - Comments closed



Leonard D. Rea, EA, CFP® (Enrolled Agent, Certified Financial Planner™)
and his team, serving individuals and businesses in the Massachusetts area since 1986.

Leonard Rea, Sturbridge Taxman

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