Tax Reduction Letter

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Article Date: April 2010
Word Count: 957

New Health Care Law Makes Cash Gift to You with Deductions for Children Under Age 27

If you have children under the age of 27 for whom you pay their insurance and for which you receive no tax deduction, you are now going to reap some tax cash, thanks to the new health care law.

The new health care law extends the employer’s tax deduction for employer-provided accident or health plan coverage to any employee’s child who ... Log in to view full article.

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