December 2017 – The MLO Minute: Pay full state and local taxes in 2017, before we lose the deduction in 2018

Pay full state and local taxes in 2017, before we lose the deduction in 2018 By Erin Arvedlund, Inquirer Staff Writer What impact will new legislation have on our taxes for 2018? The Pennsylvania Institute of CPAs recommends that we taxpayers take the following defensive steps: Defer income this year and give to charity; sell off…

December 6th, 2017 – The MLO Minute: Medicare Prescription Drug Coverage and Palliative Care

Medicare Prescription Drug Coverage and Palliative Care Expensive Specialty Drugs Are Forcing Seniors to Make Hard Choices There is a growing problem with Medicare prescription drug coverage for seniors who take high-priced specialty drugs: There is no cap on how much they pay. Each prescription drug plan is structured a little differently, but people with…

November 2017 – The MLO Minute: Supported Decision Making in Delaware

Supported Decision Making in Delaware By Caitlin McAndrews, Esq., McAndrews Law Offices, P.C. Supported decision making as a concept is the idea that individuals with or without disabilities may look to trusted friends and family for support in making important life decisions, particularly with regard to health care and finances. In the context of the…

November 6th, 2017 – The MLO Minute: Retirement Savings Account Limits for 2018

Retirement Savings Account Limits for 2018 Lost amid the uproar following recent news reports that GOP lawmakers are considering capping pretax 401(k) contributions at $2,400 annually — compared with $18,000 currently — was some good news from the IRS, of all places. The tax agency has announced new, higher contribution limits in 2018 for various…