Tag Archives: Deductible

Slowing down- finally?

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The health care cost spiral is slowing- finally. Prior to 2008, the increase averaged at least 8% a year- for two decades!  Over the past 5 years (up to 2014), total healthcare costs have growing by less than 3% annually.   That trend is up for grabs through, as the last year’s(2015) increase seems to 5.5%- but the current year’s increase will be a little less at 4.8%.   Except, these numbers still don’t tell the whole story….

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Business filers- don’t forget these travel deductions

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I am sure you are all knee-deep into arranging all your receipts (I am sure that it’s not just my clients that use shoe boxes or banker’s boxes) since taxes are due (corporate/partnership/trust due in 39 days,  individuals in 73 days), here are a few hints if you are involved in a business (that means you make a profit 3 out of 5 years- otherwise the IRS considers it a hobby).1065   1041   1120  1120S form

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