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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?

2023

What Are The Benefits Of Online Bookkeeping?

Online bookkeeping is one alternative to dealing with accounting directly. The idea of using virtual bookkeeping might leave you wondering if it's right for you or your business. Here are three benefits of using a less traditional model. Availability A major argument in favor of online bookkeeping is availability. If you maintain unusual hours at business or have to deal with a job in addition to running a business, availability matters. You may need to keep weird hours, and knowing that someone will be available to field your questions at odd times can be a relief.

Why Freelancers Need A Certified Professional Accountant

When you're a freelancer, there's no way around it: You need an accountant. A certified professional accountant (CPA) can help you with a variety of tax and business issues. Here are some of the most common reasons that freelancers need an accountant: An accountant understands the ins and outs of business deductions for freelancers. As a freelancer, you can deduct almost anything related to your business — from travel and entertainment expenses to office supplies and employee benefits — from your taxable income.