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medical bills and taxes - can you deduct them?

Do you have a lot of medical bills that you pay on each month? Could those medical bills be deducted from your tax bill this year? I was helping my mother take care of all of her finances after my dad passed away. I didn't realize how many bills she had coming in each month for medical treatments that my dad had undergone months, even a year earlier. I started doing some research about medical bills and tax deductions. If you have medical bills, take a minute to read through this blog to gain some knowledge that can help you decide what you can do when tax time comes around.

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medical bills and taxes - can you deduct them?

    Four Things You Need To Know About Annuities

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    Portfolio Diversification: Fixed Income Investments And Other Methods To Strengthen Your Investment Strategy

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    For anyone who is new to investing or is looking for ways to increase net worth, it is quite important to understand some of the basics of investing in order to build wealth. There is a lot involved with investing, and it can be confusing deciding what type of investments to choose. Do you want to remain traditional with stocks and mutual funds, or do you want to be "radical" and go with forms of passive income such as investing in films?

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    Like many new business ventures, the process of buying, renovating and selling a house for profit -- so-called "flipping" a home -- is both exciting and fraught with potential pitfalls. If you're looking to get into the flipping business, it's important to understand the taxes involved so that you ensure your best profit. Here is a quick primer on home flipping tax treatment.  Business or Investment There are two major questions that determine how your profit from home flipping is taxed.

    Ready To Start A Business? 3 Professionals You Need First

    If you are ready to start a business but you aren't sure where to begin, there are three professionals you want to meet with and hire before you open your doors for business. You want to make sure that you have everything in line legally and financially, and you need to be protected with proper insurance. Here are a few professionals you want to interview and hire when you are ready to be a business owner.

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    If you're the owner of a small business and have been wearing all of the hats involved in running said business, you may be reluctant to give up control to an outside individual. There comes a time, however, when your business could benefit from the hiring of an accountant. Below are three signs that your business needs an accountant and how that accountant can help you. 1. You're Spending More Time "