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Long-term-care premiums

You may be able to deduct long-term-care premiums you paid last year.  People age 71 or older can write off as much as $5,110 per person for 2017.  Filers age 61 to 70 can take $4,090.  If you are between 51 and 60, you can deduct up to $1,350, 41 to 50 – $770,...

Tax breaks extended

There are several tax breaks that would have ended 12/31/2016, but in early February, Congress extended the breaks.  A few of those are: Private mortgage insurance (PMI) $2 million exclusion of forgiven debt on a principal residence The above the line deduction for up...