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6 Commonly Overlooked Tax Deductions to Maximize Your Return

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“Can a dead person deduct medical expenses?” “Can ” These are just a few of the numerous requests Andy Phillips, director for the Tax Institute at H&R Block in Kansas City, Missouri, fields when tax time rolls around, as his clients muddle their way through what can and can’t count as a deductible expense.

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Pregnant Workers Might Soon Have Accommodations Making It Easier to Work Up to Delivery

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Workers across the country who have faced unreasonable expectations at work, even at the expense of their health, are speaking out to advocacy groups, like Lightner, to push for the bill to pass. On one hand, I’ll be working up until the second I deliver,” she said in an interview before giving birth. “I Anita Patel, M.D. ,

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3 Steps to Take Before Going Into Business for Yourself

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As the world begins to open back up, many of us hesitate to give up this flexibility. Before going into business for yourself, you should have an account set aside to save for these additional expenses. Next, you’ll need to consider your current company benefits such as health insurance and retirement plans.

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

” In this form of business, the freelancer is personally responsible for all aspects of the business, including its debts and legal obligations. There is no legal distinction between the owner and the business. Firstly, it is the simplest and least expensive form of business to set up and maintain.

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Preparing to Move Overseas? Read This First

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Before you move, here’s what you need to know about everything from establishing residency abroad to health care, taxes, visas and costs. Health care. health insurance may not cover you. While many countries have free public health care provided by the government, don’t expect it to kick in for you as soon as you arrive.

Medical 264
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5 Long-Term Financial Goals and How to Achieve Them

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Your long-term goals are an important aspect of your financial health. Opening a college savings fund for your child when they’re young can help you save for their future college expenses. Building generational wealth for your loved ones helps give them a leg up when you pass away.

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4 Smart Money Moves to Plan for Financial Security

Success

Besides all the external factors that have essentially set them up for, well, failure (think the Great Recession and the COVID-19 pandemic), only 16% of millennials can be considered financially literate, according to George Washington University’s Global Financial Literacy Excellence Center. Trust me: I get it. The key is to start today.