Less than a month left!

Less than one month to get your income tax prepared and filed. This years deadline: April 17th. Extension can be filed too. – #ritaxman

RI Increases Tax for Nursing Home Residents

In tax year 2011 RI has eliminated the itemized deduction allowing a standard deduction of $7,500 for a single individual. The good news is that taxpayers can still itemize nursing home cost on their federal return, but this cost cannot be carried over to the RI state...