Medical Expenses – The Burns Firm – Advisors of Complex Financial Matters

When Medical Expenses Are — And Aren’t — Tax Deductible

February 3rd, 2026|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Deductions, Medical Deductions, Medical Expenses, Medicare Premiums, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation, tax preparer near me, Tax Return Preparer, tax write-offs, Texas CPA, The Burns Firm|Tags: CPA, CPA Dallas, cpa near me, Eligible Deductions for Tax Return, Eligible Expenses for Deductions, medical deductions, medical expenses, tax, tax advisor, tax deductions, Texas CPA, The Burns Firm, Weight-Loss Program Deductible on Tax Return, What medical expenses are deductible|

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income tax return. Income-based thresholds and other rules can make [...]

Can I Itemize Deductions On My Tax Return?

February 27th, 2025|Categories: Accountant, Burns Firm, CPA, CPA Dallas, CPA in NOrth Texsa, CPA near me, CPA Texas, Dallas CPA, Deductions, Itemized Deductions, Medical Deductions, Medical Expenses, Mortgage Interest, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Texas CPA, The Burns Firm|Tags: cpa near me, Dallas CPA, itemizing on tax return, Itemizing vs Standard Deduction, North Dallas CPA, North Texas CPA, standard deduction, tax, tax advisor, tax deductions, Texas CPA, The Burns Firm, What Deductions Can I Claim on My Return, What Deductions Can I Take on My Tax Return|

You may wonder if you can claim itemized deductions on your tax return. Perhaps you made charitable contributions and were told in the past they couldn’t be claimed because [...]

Ready, Set, Fire: 8 Tax Deductions You Might Not Know About

February 5th, 2025|Categories: Accountant, Burns Firm, Casualty Loss, Charitable Contributions, Charitable Donations, CPA, CPA Dallas, CPA near me, CPADallas, Dallas CPA, Deductions, EV, EV Credits, Home Energy Credits, Home Improvement Deductions, Home Office Deduction, Medical Deductions, Medical Expenses, Mortgage Interest, Student Loan Interest, Tax, tax accountant, Tax Advisor, Tax Deductions, Tax Preparation, Tax Return, Texas CPA, The Burns Firm, Vehicle Deductions|Tags: applications, Casualty Losses Deduction, Charitable Travel Deduction, cpa near me, Dallas CPA, Home Improvement Tax Deduction, Jury Duty Deductions, medical expense deductions, Points Paid on Home Mortgage Deduction, student loan interest deduction, tax, tax advisor, tax deductions, Texas CPA, The Burns Firm|

Years ago, many taxpayers itemized deductions instead of claiming the standard deduction. But fewer taxpayers are itemizing today due to a bevy of changes in the Tax Cuts and Jobs [...]

Answers to Your Tax Season Questions

January 18th, 2024|Categories: Accountant, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Expenses, Medical Deductions, Medical Expenses, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Credits, Tax Depreciation, Tax Filing Status, Tax Preparation, Tax Rates, Tax Return, Tax Return Filing, Tax Return Preparer, tax season tips, Tax Withholding, tax write-offs, Taxable Income, The Burns Firm, Wages, Withholding|Tags: 2023 Tax Preparation, 2023 Tax Return preparation, 2023 Tax Season, CPA, CPA Dallas, cpa near me, Questions about taxes, tax, tax advisor, tax preparation, Tax Questions, tax return preparer near me, The Burns Firm, W2s and 1099, What do I need to do for 2023 tax season, what documents are needed to prepare a tax return|

The IRS announced it will open the 2024 income tax return filing season on January 29. That’s when the tax agency will begin accepting and processing 2023 tax year [...]

It’s Possible (but not easy) to Claim a Medical Expense Tax Deduction

January 16th, 2024|Categories: Accountant, accountant near me, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Medical Deductions, Medical Expenses, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Tax Return, The Burns Firm|Tags: Are medical expenses deductible?, Can you deduct your out-of-pocket medical costs on your tax return?, cpa near me, deductions, medical deductions, medical expenses, tax, tax accountant, tax accountant near me, tax advisor, The Burns Firm, What Medical Deductions Can I Take?|

One of your New Year’s resolutions may be to pay more attention to your health. Of course, that may cost you. Can you deduct your out-of-pocket medical costs on [...]

When Can Seniors Deduct Medicare Premiums on Their Tax Returns?

July 11th, 2023|Categories: Accountant, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Deductions, Elderly, Expenses, Medical Expenses, Medicare Premiums, Medicare Tax, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, Tax Return Filing, The Burns Firm|Tags: Are Medicare premiums a medical expense, Can I deduct my Medicare premiums on my tax return, CPA Dallas, cpa near me, Deducting Medicare payments, Deducting Medicare Premiums on Tax Return, Medicare, medicare premiums, tax, tax advisor, tax advisor near me, The Burns Firm|

If you’re 65 and older and have basic Medicare insurance, you may need to pay additional premiums to get the level of coverage you want. The premiums can be [...]