It can be expensive to buy health insurance on your own, but most people who lose their jobs qualify for subsidies that can reduce their premiums significantly. This article in U.S. News & World Report explains how these complicated subsidies work and how you can save money on your premiums.
Are Health Insurance Premiums Tax-Deductible?
Several tax breaks can help you pay your health insurance premiums and reduce your health care costs — whether you’re self-employed, unemployed, buying your own health insurance, or on Medicare. This U.S. News & World Report article explains how to find out if you’re eligible for any of these tax benefits and what you need to do to get them.
How to Qualify for Medicaid
Medicaid can be the most affordable way to get health insurance while you’re unemployed, if you live in one of the 36 states that have expanded coverage. Many people don’t realize that they may be eligible for this coverage when their income drops.
New Rules for Medical and Dependent Care FSAs
Recent changes to the rules for health care and dependent care FSAs make these tax-free plans more flexible — especially if your medical or child-care needs have changed over the past few months. Learn more in this article from U.S. News & World Report.
Tax Strategies for Child Care Changes During the Coronavirus Pandemic
Your child care needs are probably very different than you were expecting at the beginning of the year, but new rules and strategies can help you make the most of tax breaks for changing child care expenses. Find out what you can do now in this U.S. News & World Report article.
How to File an Amended Tax Return
Did you discover tax breaks you might have missed in the past? You still have time to file an amended return for 2017, 2018 or 2019 and get back an extra refund. This article in U.S. News & World Report explains why and how to file an amended return — and how the procedure is different this year.
Can You Take the Home Office Tax Deduction?
Are you working at home because of the coronavirus? Find out what you need to do to qualify for the home office tax deduction, and how new rules affect who is eligible for this valuable tax break — in U.S. News & World Report.
How to Prepare Your Home and Finances for a Hurricane
Hurricane season runs from June through November, and NOAA predicts that this year’s storm season could be particularly active. Find out about home improvements and other steps that can protect your home and finances from hurricanes and summer storms — in U.S. News & World Report.
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