Yes! You Can Deduct Home Care Costs from Your Taxes…

It's fast approaching that time of year again…tax season. We are often asked about the deductibility of home care on your federal taxes. So we wanted to provide some key information… Tip#1 Know How a Relative Qualifies as a "Dependent" on Your Return How a relative qualifies as a "dependent" is based on two qualifications. First qualification is their yearly income. For example in 2014, their total income (not including nontaxable Social Security or disability payments) has to be less than $3,950. The second qualification was whether or not a caregiver supplied more than 50% of the relative's support. If these 2 requirements are met, you will be able to take the standard deduction for each

Apple announces medical records on the iPhone...

In a major step forward to provide access to your families medical records, Apple announces integration with multiple health providers. This will eventually allow family members to get access to their senior parents medical records, order medications directly, etc. See the press release here. https://www.apple.com/newsroom/2018/01/apple-announces-effortless-solution-bringing-health-records-to-iPhone/

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