New HRA Rules for 2017

Under the Affordable Care Act, it was determined that employers were no longer allowed to use a Medical Expense Reimbursement Plan (MERP) to provide health benefits to their staff. Prior to this law, many small employers used this type of plan as an alternative to offering staff healt

Deducting Nursing Home Costs

The cost of a year’s stay in a nursing home averaged $87,235 for a private room and $78,110 for a semi-private room, according to the latest MetLife survey.* With figures so staggeringly high, the ability to claim a tax deduction for qualifying expenses can yield a significant tax sav