Publication 502 explains the itemized deduction for medical and dental expenses that can be claimed on a Schedule A (Form 1040).
Social Security announces 1.3% cost-of-living adjustment (COLA) benefit increase for 2021. This is based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2019 through the third quarter of 2020.
As an insurance agent, you provide the peace of mind that comes with knowing that if anything that happens to your client, they will be taken care of. This requires multiple product lines and the ability to speak about why and when each one is necessary.
What if we hear that there was a hurricane that impacted our clients? An SEP exists for individuals affected by a weather-related emergency or major disaster who were unable to and did not make an election during another valid election period as a result of the emergency or major disaster.
The Type-2 Diabetes medication, Metformin (Extended Release), is being cited for high levels of NDMA. The FDA is asking companies to voluntarily recall this prescription drug.