medical insurance

Ouch!

October 27, 2011

Podcast: Play in new window | Download

Today TaxMama hears from Seth in the TaxQuips Forum who is recovering. “I had an accident where I sustained multiple fractures (pelvis, ribs, and wrist).  My medical insurance will pay 80% of my bills, which is great.  In addition, I have personal accident insurance.  There is a dollar amount associated with each type of fracture [...]

Read the full article →

Writing off my Dog

March 29, 2010

Podcast: Play in new window | Download

Today TaxMama hears from Sid in the TaxQuips Forum, who has a dog walking/training sole proprietorship. “My question concerns expenses for my dog, who is the face of my business (appearing on all my advertising material) and whom I use all the time for training demonstrations to attract clients. Can I deduct any of her [...]

Read the full article →

Ask TaxMama Issue 540 – A Long Weekend

February 12, 2010

Dear Family, This week went by so quickly, I didn’t even have time to blink. Perhaps not so for some people. Working on an article, I called the IRS DC press office one morning, only to get the answering service message that the office was closed. So contacted a couple of those cool guys by [...]

Read the full article →

Married Son’s Insurance

August 5, 2009

Podcast: Play in new window | Download

Today TaxMama hears from Mike in New Jersey with this question. “Can I deduct my son’s health Insurance premium of $900 a month that his wife and he can no longer afford to pay, on my tax return?”

Read the full article →

Adoption Subsidy

January 15, 2008

Podcast: Play in new window | Download

Today TaxMama hears from Ben in Ohio who tells us, “In 2006 my son adopted a Downs Syndrome child. He receives a state subsidy from Ohio each month for those who adopt special needs kids. We don’t know if this is taxable income. “

Read the full article →