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Seniors may be able to write off Medicare premiums on their tax returns

Seniors may be able to write off Medicare premiums on their tax returns

June 22, 2021

If you have Medicare insurance (including supplemental), you know it can be expensive to get the coverage you want. But you may be able to deduct the cost of premiums, along with other medical expenses, on your tax return. Here are the rules.

An S corporation could cut your self-employment tax

An S corporation could cut your self-employment tax

May 17, 2021

Business owners that operate as an S corporation are subject to income tax, but not self-employment tax, on their share of the entity’s income. Here’s how the rules work.

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