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Home | Long Term Care Insurance Increased Tax Deduction Limits Announced

Long Term Care Insurance Increased Tax Deduction Limits Announced

  • October 20, 2012
  • Washington, DC, October 20, 2012 –(PR.com)– The Internal Revenue Service (IRS) announced increased deductibility levels for individuals purchasing long term care insurance policies purchased in 2013. "For taxable years beginning in 2013, the limitations have been increased," explains Jesse Slome, executive director of the American Association for Long-Term Care Insurance (AALTCI), the industry's trade association. [...]This article (Long Term Care Insurance Increased Tax Deduction Limits Announced) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.

  • Read more at:http://www.americanbankingnews.com/2012/10/20/long-term-care-insurance-increased-tax-deduction-limits-announced/
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