Understanding the Gift Tax: How to Give to Loved Ones Without Triggering a Tax Burden
When it comes to helping loved ones financially, especially in the context of elder care, gifting can be an excellent...
test-standard
test-standard
test-standard
July 7, 2011
Assisted Living, Tax Deductions
Assisted Living, Tax Deductions
Question About Assisted Living Rent and Tax Deductions
Question: I recently relocated my elderly mom from New York to Virginia. She is living in an assisted living facility....
July 21, 2010
Short QA, Tax Deductions
Short QA, Tax Deductions
What Medical Expenses Can Be Deducted for a Non-Dependent?
"My husband and I will be paying all the medical expenses for my mother who just moved into an assisted...