Medical Tax Deductions – 2018
The deduction for qualified medical expenses has survived yet another round of tax reform. The IRS will allow a tax payer to deduct expenses that exceed 7.5% of their adjusted gross income for 2017 and 2018. Beginning in 2019, all taxpayers may deduct only the amount of the total unreimbursed allowable medical care expenses for the year that exceeds 10% of their adjusted gross income.
For...
VA Disbursements have Increased
Helen Justice, Geriatric Care Manager, at Advanced Wellness, published an informative article on updates to VA disbursements:
Are you a War-Time Veteran or Widow of War Time Veteran?
There are Financial Benefits available for War Time Veteran and Widow of War Time Veteran to help defray the cost for senior placement Assisted Living Facilities, Board and Care Homes, and In-Home Care. There is a...
Agent Orange exposed ships
Veteran’s Affairs (VA) maintains a list of U.S. Navy and Coast Guard ships associated with military service in Vietnam and possible exposure to Agent Orange based on military records. This evolving list helps Veterans who served aboard ships, including “Blue Water Veterans,” find out if they may qualify for presumption of herbicide exposure. Veterans must meet VA’s criteria for service in...