How Does Insurance Affect Your Taxes?
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Which plans are deductible, and which are taxable? Roy Lewis helps you sort them out.
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There are things you can do now to reduce your impending tax bill.
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Checklist for those who may be deployed CHECK YOUR INSURANCE: If you need to buy more life insurance than the government program offers, you need an insurer that provides war coverage. But insurers that provide such coverage may not write a policy if you already have orders.
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New laws could increase your family's tax bill.
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If interest rates go up, you may think you will suffer if you have a loan and benefit if you have bank deposits. However, the interest rate effect could play out quite differently.
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A few problems on your credit report can boost your auto insurance premiums.
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When people enroll in a Medicare drug plan later this year, the first option for paying their monthly premiums will no longer be through a deduction in their Social Security check. Instead, the government will encourage beneficiaries to pay insurers directly.
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In addition to doing good, your donation can also nab you some tax benefits.
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Numerous media reports have indicated big increases for Medicare and employer-sponsored health insurance premiums and for the number of Americans lacking health insurance.
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By J. Ferguson, The Arizona Daily Sun, Flagstaff  Feb. 18--There is bad news and good news when it comes to filing your  taxes this year.   First the good news: You have two extra days to file your taxes.
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Affordable health, dental, and life insurance for you and your family. Ideal for self-employed, small business owners. Fill out our form for a competitive quote.
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Do you have business insurance? Do you need it?
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You know who's responsible for that financial angst you're suffering &#150; that uncomfortable feeling that you should be earning, and spending, more, only you can't? No, not your stingy employer or the IRS, but worse. People who are theoretically on your side: your friends, co-workers, and neighbors. Your financial satisfaction, research shows, has less to do with your own bank ...
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Hurricane Frances will probably not rack up as large an insurance bill as initially feared. With premium hikes typically following big losses, thatâs good news for most insurance-buying companies not affected by the devastating storm.
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Some of the nationâs biggest insurance companies want to change rules that enable some of their competitors to avoid billions of dollars in federal taxes by sending money to themselves in tax havens.
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Let the patient beware. Going outside your insurerâs network of preferred doctors or hospitals could be more hazardous to your financial health than you suspected.
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Americans looking to reduce their federal income taxes this year will get help from several important tax law changes that have expanded credits and deductions.