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L&H Insights

Tax Strategies, Advice, and Insights

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To help you understand the implications of the recent Corporate Transparency Act

We have prepared a selection of frequently asked questions.

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Medical Deductions

Emergency? new tax provisions may soon provide relief

2 min read

Facing a future emergency? Two new tax provisions may soon provide relief

Picture of Maurice La Verdure Maurice La Verdure: Nov 8, 2023 12:22:35 PM

Perhaps you’ve been in this situation before: You have a financial emergency and need to get your hands on some cash. You consider taking money out...

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nursing home and tax implications

2 min read

Moving Mom or Dad into a nursing home? 5 potential tax implications

Picture of Scott Henvey Scott Henvey: Aug 21, 2023 11:11:57 AM

More than a million Americans live in nursing homes, according to various reports. If you have a parent entering one, you’re probably not thinking...

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2 min read

The IRS clarifies what counts as qualified medical expenses

Picture of Maurice La Verdure Maurice La Verdure: May 3, 2023 12:32:40 PM

If you itemize deductions on your tax return, you may wonder: What medical expenses can I include? The IRS recently issued some frequently asked...

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