medical expenses – The Burns Firm – Advisors of Complex Financial Matters

How to Pay Retiree Health Costs Tax-Free

April 21st, 2026|Categories: 401(h), Accountant, accountant near me, Burns Firm, Business, CPA, CPA Dallas, CPA near me, Dallas CPA, Healthcare & Retirement, Small Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: 401(h) Plan, CPA, cpa near me, Dallas CPA, How to Pay Retiree Health Costs Tax-Free, medical expenses, retiree health costs, small business, tax, tax advisor, The Burns Firm|

If you own a small business, you may have set up a defined benefit pension plan for you and your employees that will provide a specific amount of retirement income [...]

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 [...]

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 [...]

Could “Bunching” Medical Expenses into 2018 Save You Tax?

October 30th, 2018|Categories: Accounting, Burns Firm, Tax, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: 2018 tax return, 2018 tax return preparation, 2018 tax savings, bunching medical expenses, CPA, medical expenses, tax, The Burns Firm|

Some of your medical expenses may be tax deductible, but only if you itemize deductions and have enough expenses to exceed the applicable floor for deductibility. With proper planning, you [...]