ConnollySteeleJul 5, 20223 min readHow disability income benefits are taxedIf you’ve recently begun receiving disability income, you may wonder how it’s taxed. The answer is: It depends. The key issue is: Who...
ConnollySteeleJan 7, 20223 min readAre you eligible for a medical expense tax deduction?You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax return? It’s possible but not...
ConnollySteeleNov 1, 20212 min readWould you like to establish a Health Savings Account for your small business?With the increasing cost of employee health care benefits, your business may be interested in providing some of these benefits through an...
ConnollySteeleSep 26, 20212 min readIs a Health Savings Account right for you?Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible individuals, a Health...
-Sep 1, 20212 min readDoes your employer provide life insurance? Here are the tax consequencesEmployer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is part of your benefit package, and...