Sunday, February 8, 2009

News: The Tax Man Cometh!

Time to close out the books for 2008! People can deduct expenses for the cost of a service/hearing/guide dog as a medical expense;however, you can only deduct medical expenses if they meet (or exceed 7.5 percent of your adjust gross income. Consult Publication 502 from the IRS and knowledgeable tax professionals for more information.

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