A few months ago, in response to a question from a reader, I discussed the deduction of health care premiums. I received many responses, and several readers raised issues related to this deduction.
Question: My son lives in Arizona and receives pension income from the Arizona Retirement System (ARS). He is 64 years old and is now single with no dependents. The ARS allows him to purchase health ...
While Americans are most commonly insured through their employers, you will need to shop for your own individual or family plan if you are self-employed. [1] The Health Insurance Marketplace is ...
Q: I recently started my own business as a sole proprietorship and will be filing a Schedule C with my Form 1040, accordingly. I provide a group medical insurance plan for my two employees and my ...
When you file your tax return, you can minimize your tax liability through common tax deductions like student loan interest, mortgage interest and charitable donations. But are medical premiums tax ...
The Great Resignation may be creating a tax headache for a lot of people. Last year more than 47 million people quit their jobs. In the same year, a record 5.4 million new business applications were ...