If you are shopping for health insurance plans and options during Open Enrollment, then you know just how expensive quality health coverage can be. That’s why healthcare sharing has grown over the years with thousands of people joining every month.
You may be thinking you have plenty of time before you need to start worrying about tax time. However, no matter your current financial situation, you may want to take advantage of some critical end-of-year tax strategies. Implementing these tips before December 31, 2020 could potentially minimize your tax burden.
Election day is quickly approaching, and one hot topic is and has been healthcare. According to a Kaiser Family Foundation poll, 26% of registered voters said health care is the most crucial issue in determining their vote for president.
Although individuals who opt not to have health insurance will no longer be hit with a federal tax penalty, it’s still worthwhile to have health care coverage as a potential cost-saving measure. One bill for a trip to the emergency room can exceed an entire year's worth of premiums.