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Can You Qualify For A Medical Expense Tax Deduction?

January 12th, 2021|Categories: Accounting, Burns Firm, Tax Credits, Tax Cuts, Tax Deductions|Tags: , , , , , , , |

You may be able to deduct some of your medical expenses, including prescription drugs, on your federal tax return. However, the rules make it hard for many people to qualify. [...]

Energy-Related Tax Breaks Are Extended in the New Law

January 11th, 2021|Categories: Accounting, Burns Firm, Tax, Tax Credits|Tags: , , , , , , , , , , |

The massive economic stimulus and government spending law, which was signed on December 27, 2020, extends several energy-related tax breaks. Before the Consolidated Appropriations Act (CAA) was signed, these federal income [...]

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