Taxes and disability deductions
posted on January 1, 2011 - 3:37pm
The April 15 filing deadline for 2010 income tax returns is still several months off, but taxpayers hoping for a refund may want to get acquainted with Internal Revenue Service (IRS) and other tax-related resources now. The following publications describe some potential areas of deduction for individuals and families affected by disability.
Tax breaks for workplace modifications can benefit employees with disabilities and employers.
posted on December 31, 2009 - 1:13am
Want to encourage local businesses and employers to make their properties more accessible? Try luring them with a tax break.
Employers and business owners have two very good reasons for making their sites accessible to people with disabilities: It’s the law under the Americans with Disabilities Act (ADA), and there’s money to help them.
Small business tax credit: disabled access credit
posted on December 31, 2009 - 1:12am
Chad McCruden, 36, of Owing Mills, Md., has Friedreich’s ataxia. He was laid off in May 2009 from his job as a work incentive specialist at an independent living center.
McCruden applied for Social Security Disability Insurance (SSDI) benefits in June, was approved late in October and received his first check in December (plus five months’ worth of retroactive benefits).
posted on December 31, 2009 - 1:01am
Grumble, dig deep and fork over, or breathe a sigh of relief and look forward to a check in the mail. One of the two inevitabilities in life – taxes – gains prominence for better or worse in the American consciousness as the new year unfolds.
For people with disabilities, few if any changes have been announced for expenses they may be able to write off as tax deductions for 2009. That said, the...
posted on January 1, 2009 - 3:55pm
Find resources for standers and standing aids, as well as help with income tax preparation.
Pointers for filers with disabilities
posted on January 1, 2008 - 3:09pm
Enthusiastic federal tax return filers (if there is such a breed) have their opportunity for action with the arrival of 2008.
Filing may well be a rubber stamp of the 2006 process, as there appears to be very little change in the tax laws for 2007, at least as they pertain to people with disabilities.
The resources listed below are one avenue to useful tax information, particularly provisions...
Support an important cause and earn benefits for you and your family
posted on November 1, 2007 - 9:14am
Of all the gifts to charity that you plan to make this holiday season, how many will give you money back in return?
Read on to learn about one form of gift planning, available year-round, that can enable you to “do well by doing good.”
Charitable partners