Taxes and Accounting News - Page 7

KIRKLAND, Wash. – Feb. 15 (SEND2PRESS NEWSWIRE) — In February 2007, ‘President Bush signed into law a significant piece of legislation, the Deficit Reduction Act,’ says Todd Grove, Maine-based Partner of LTC Financial Partners LLC, the nation’s most experienced long term care insurance agency. ‘This one act is causing the majority of small business owners to seriously evaluate the financial risks posed by an extended illness – to themselves, their families, their assets and their companies.’

NEW YORK, N.Y., Nov. 28 (SEND2PRESS NEWSWIRE) — AtPrime Media, Inc. the sponsor of www.AtPrime.com, one of the top age 50+ web services, announced today an addition to its highly valued consumer resource THE PENSION HELPER, a new free service entitled THE PENSION INSPECTOR.

KIRKLAND, Wash. – Jan. 29 (SEND2PRESS NEWSWIRE) — As April 15 nears, tax-time frowns may be accompanied by smiles for many aging Americans. Deductible amounts for long term care insurance premiums are going up. For the 2006 tax year they’re higher than in 2005; and for 2007, they’ll be even higher. ‘Be sure to claim your deduction if you qualify,’ says Cameron Truesdell, CEO of LTC Financial Partners LLC, the nation’s most experienced long term care insurance brokerage.

KIRKLAND, Wash. – Dec. 19 (SEND2PRESS NEWSWIRE) — Before adjourning on the 9th, Congress passed the Tax Relief and Health Care Act (H.R. 6111), which expands the sources and amounts that may be contributed to Health Savings Accounts (HSA’s). This is good news for those seeking long term care protection but unsure how to finance it, according to LTC Financial Partners, the nation’s most experienced long term care insurance brokerage.

KIRKLAND, Wash. – Nov. 16 (SEND2PRESS NEWSWIRE) — As the end of the tax year approaches, millions of Americans may neglect a hefty deduction, the cost of long term care insurance, according to LTC Financial Partners LLC, the nation’s most experienced long term care insurance brokerage.

KIRKLAND, WA – Dec. 9 (SEND2PRESS NEWSWIRE) — One of the biggest overlooked sources of tax breaks is long-term care insurance, according to LTC Financial Partners LLC, the nation’s leading agent-owned LTC insurance brokerage. Premiums for tax-qualified policies are deductible as personal medical expenses for taxpayers who itemize, with 2005 amounts ranging from $270 to $3,400 per person, based on age. Some states offer additional deductions or tax credits on state returns.

ORLANDO, Fla. – June 27 (SEND2PRESS NEWSWIRE) — Auditel Inc. of FL (www.auditelinc.com) announced today that it’s becoming more common for companies to outsource their phone and telecom bills to bill processing companies for bill payment and audit services. While it can be efficient and convenient you have just become once removed from what’s really happening with your telecom expenses. Now you must rely on reports and your BPO (Business Process Outsourcing) Provider. All the CFO receives is a list of reports and the BPO is in control of all your phone bills.