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Home > Blog > Reliable Insurance Managers, Inc. Blog: deduction
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Reliable Insurance Managers, Inc. Blog: deduction

View the latest blog posts from Reliable Insurance Managers, Inc..

Thursday, January 26, 2012

TAX TIP: Get Long-Term Care Insurance NOW to Qualify for Deduction Next Year

Long-term care insurance is subsidized, in effect, by Uncle Sam. "For many people, a large part of their premium cost is deductible on their federal tax return," says Denise Gott, National Sales Manager and Chairman of the Board of LTC Financial Partners, LLC (LTCFP). READ MORE >>
Monday, January 16, 2012

Federal tax deduction for mortgage insurance premiums expires

Though its demise drew little attention because of the partisan year-end brawl over the payroll tax cut extension in Congress, a key mortgage financing benefit disappeared at the end of December: the ability of large numbers of home buyers and owners to write off the premiums they pay for mortgage insurance. READ MORE >>
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