Income Tax Help Available to Many, Especially SeniorsIf you're a procrastinator, you will receive a slight break on submitting your income taxes this year, since the deadline is Monday, April 17.Clark, Mike
When he read in the newspaper that volunteers were needed to assist seniors in tax preparation, he thought that it would be a good opportunity to combine his interest with helping others. "Only a few of the people who volunteer have a background in accounting," he said. "Volunteers ...
Seniors can get help with their tax returns for free in many different ways. Althoughfiling the return for your parentor older adult loved one may seem like a great idea, some tasks are best left to the professionals — especially if they need to deal with aspects of the tax code you’r...
The program, Tax-Aide, is primarily for people who are 50-and-older with low or moderate incomes. Last year, the program helped to secure more than $1 billion in refunds for more than $1 million taxpayers. Lee-Villanueva said that seniors can find these programs at their local libraries,...
Retirement is not “golden” for all seniors. More than 25 million Americans age 60 and older are living with limited assets and incomes below $30,000 per year. And even with a higher income than that, it can be difficult to make ends meet. ...
Tax Season = More Financial Scams Against Seniors Guest contributor:Shannon Listmanis a South Jersey native who recently relocated to Charlotte, NC. She believes the internet can both help and hurt the world, but is determined to leave a positive digital footprint with useful information and encou...
An advisor can team up with a CPA to help advise clients on the most advantageous tax options for property, investments and Social Security benefits. Health care. Choosing the right city can also impact the largest line item expenditure for seniors: health and elder care ...
Dental veneers can provide that perfect smile but often come with a hefty price tag. However, there’s good news! Dive into the … Free Dental Care for Seniors On Medicare [Fixed Income] May 16, 2023 Seniors over sixty-five on Medicare often need free dental care because their fixed ...
Improving the Medicare Savings Programs Would Help Low-Income Seniors Cope With Higher Medical Expenses Bipartisan Senate negotiators are crafting Medicare legislation that would avert a cut in physician payments scheduled to take effect at the end of June. This legislation could also include long-overd...
About half of seniors rely on Social Security for the majority of their income, and these benefits are not sufficient to live on. Nearly half of seniors expect to work after retirement. Parents Helping with Kids’ Student Loan Debt Over 3.5 million parents have borrowed money to pay or help...