Archives for July 2017

School Shopping & Tax Deductions

Q:  I’m starting the kids’ school shopping now, and I heard I can deduct K-12 school supplies for my kids on my taxes, is that true? A:  Actually, it is.  To qualify, parents must have made the purchases in 2017 and the child must be attending Kindergarten through 12th grade at a public, private or […]

Lowering Health Costs with MNSure / Obamacare | Southern Minnesota

Q:  Is there anything that I can do to help lower our health costs with MNSure/Obamacare? A:  Yes, actually, there is.  If the health plan that you picked is an HSA eligible plan, you are eligible to put money into a Health Savings Account or HSA, and take a front-page tax deduction for it.  Then […]