Tax Strategies for Parents of Kids with Special Needs

December 20, 2019 By Regina M. Levy, CPA The information in this article is educational in nature and is not to be considered tax advice. Please contact a qualified tax professional to discuss how these concepts may or may not apply to your personal situation. Summary of Tax Cuts and Jobs Act (TCJA) as it […]

CA ONLY – Qualified Medicaid Waiver Payments Not Subject to Federal Tax in 2014

By Regina M. Levy CPA UPDATED MAY 2019 US TAX COURT ruled in Feign v. Commissioner that Medicaid Waiver Payments are not necessarily nontaxable. The Court said that Notice 2014-7 does not follow the plain reading of the statute. The Feigns sued because they felt they were denied tax credits since the income was not […]

Tax Strategies for Parents of Kids with Special Needs – TCJA of 2017

The original article on this topic has been of great assistance to many parents. This update will discuss what has changed under the Tax Cuts and Jobs Act (TCJA) of 2017. As with the original article, all information presented in this article is educational in nature and is not to be considered tax advice. Please […]