Highlights of Key Tax Implications of the Healthcare Reform Legislation By now you have probably heard the healthcare reform bill (Patient Protection and Affordable Care Act) was recently signed into law by President Obama on March 23rd, while the amendment to the bill (Health Care and Education Affordability Reconciliation Act of 2010) was signed into law on March 30th. And though you may already be aware of some of the primary components of the legislation, you may not be familiar with how the bill will impact you on a day-to-day or long-term basis. FULL ARTICLE Joining Together to Support a Relative: Use a special agreement for tax benefits When does the sum of the parts equal more than the whole? One time is when using a “multiple support agreement” to salvage a dependency exemption. FULL ARTICLE Combining a Business Trip with a Vacation: How to secure business travel tax breaks With the warmer weather approaching, you may be looking to spend some time at the beach, on the golf course or just relaxing by the pool. If you can add a few days of vacation onto a business trip, so much the better. Besides saving money, you may qualify for some generous tax breaks. FULL ARTICLE