What do you do when a dementia patient goes home?
5 things to remember when someone with dementia is asking to go home Avoid arguing about whether they are already ‘home’ Reassure them of their safety. Tr...
What mental illness qualifies for long term disability?
Although depression is one of the most common mental conditions covered under long-term disability, the following are also typically covered: Autism. Ment...
Can I depreciate my airplane?
Aircraft used for qualified business purposes, such as FAR Part 91 business use flights, are generally depreciated under MACRS over a period of five years...
Do I staple my 1040 forms together?
Just put them form or schedule order behind the main 1040 schedule and mail them that way. Most tax agencies prefer that you neither staple nor clip the f...
Can you deduct massage therapy on your taxes?
Medically necessary massages The rule states that anything that your doctor prescribes as “medically necessary” can be deducted from your taxes. That mean...
How do I report my income as a nanny?
The nanny is still responsible for reporting her nanny wages and filing an income tax return even if she did not receive a form W-2. This is accomplished ...
Will my skin sag if I lose 100 pounds?
The loose skin is caused by losing a huge amount of weight – as in, 100 pounds or more – in a very short amount of time. It can happen when the weight is ...
What is a 1099-C Cancellation of Debt?
According to the IRS, nearly any debt you owe that is canceled, forgiven or discharged becomes taxable income to you. You’ll receive a Form 1099-C, “Cance...
How do you account for cash in lieu of fractional shares?
The stock’s company may send investors a check followed by an IRS Form 1099-B at year-end with a “cash in lieu” or “CIL” notation. Some investors may simp...
Is New York State connected to New York City?
New York City is home to over two-fifths of the total population of New York State. The city is divided into five county-level administrative divisions ca...
