4025 Automation Way #D1 (Map)
Fort Collins, CO 80525
Phone: 970-226-4686
I recently attended a class on Health Savings Accounts and was reminded why I like them so much. They are one of the few tools the IRS provides that are actually useful for everyone to use. The following are some reminders about why they are so useful. • You need a high deductible health plan […]
View Post Health Savings Account, HSA, Medical Expenses, ObamaCareFor years taxpayers have been able to claim an itemized deduction for medical expenses to the extent they exceed 7.5% of adjusted gross income. Medical care is generally defined broadly as amounts paid for diagnosis, cure, mitigation, treatment or prevention of disease. However under the Affordable Care Act any amount paid during the tax year […]
View Post Itemized deductions, Medical Expenses, Over the counter drugs