by Rahul Ramdas | Aug 19, 2019 | Individuals Articles, Tax Articles
Read the full text below: In a redacted Private Letter Ruling the IRS has ruled that a portion of ancestry genetic testing (consisting of a DNA collection kit and health services) is medical care and, hence, that portion of the costs of the services and kit is...
by Rahul Ramdas | May 29, 2019 | Financial Planning, Tax Articles
If your family is covered under a High-Deductible Health Plan (HDHP), you have new inflation-adjusted limits on your 2020 deductions for contributions into your HSA. “High deductible health plan. For calendar year 2020, a “high deductible health plan” is defined...
by Rahul Ramdas | Feb 19, 2019 | Financial Planning, Individuals Articles, Tax Articles, Tax Cuts and Jobs Act, Tax Reform, Withholding
You’ve used the IRS Withholding Calculator, but you’re still confused about what allowances to take on your W-4. We’re here to help! Read through the following scenarios for a basic breakdown, and call us if you still have questions! You’re single, the calculator says...
by Rahul Ramdas | Jan 10, 2019 | Financial Planning, Individuals Articles, Tax Articles
Unsure about how to move forward with the new tax code? With our tax update cheat sheet for 2018, you’ll have all of the new tax tables and rates applicable for the 2019 tax filing season. Click the link below to view. 2018 Tax Updates ...
by Rahul Ramdas | Jan 8, 2019 | Tax Articles
As the government continues it’s third week of shutdown, the IRS confirmed today that the 2019 filing season will begin January 28, 2019 and provide refunds as scheduled. Currently, IRS workers have been furloughed as part of the government shutdown, but many...
