Care What You Should Know About Your Aging Parents"Dying With Debt: The Hidden Financial Crisis," Steve Yoder, The Fiscal Times, June 12, 2013."We write to express our concern and alarm about the dramatic increase in problems with mail delivery that are being experienced by constituents across Maryland. Based on the reports and information we have received; these delays appear to be the result of delayed processing times and staff shortages..The following Members of Congress, among many others, will be holding town hall meetings in the days ahead: Reps. Eric Swalwell, Susan Brooks, Gary Palmer, Lamar Smith, Bruce Westerman, Randy Hultgren, Eleanor Holmes Norton, Marc Veasey, and Ed Perlmutter. … Continued
Hastings Mom Uses Her Fight Against Cancer To Inspire GenerosityThis week, one new cosponsor Rep. John Fleming signed on to Rep. Dana Rohrabacher's No Social Security for Illegal Immigrants Act. The total is now up to twenty-four. If signed into law, Rep. Rohrabacher's bill would prevent Social Security credits from being earned by work done illegally. Currently, those who receive "green cards" or work authorization may file a claim for Social Security benefits based on all earnings even earnings from jobs where they used stolen, invalid, or fraudulent Social Security numbers. TSCL believes that this practice must be put to an end in order to protect the integrity of the Social Security program, and we were pleased to see support grow for it this week..One of the Biggest Financial Mistakes You Can Make In Retirement.Although there's a new higher standard deduction for U.S. taxpayers this year, tax professionals are cautioning taxpayers against automatically taking it. The 2017 tax legislation retains the deduction for medical expenses. This year, taxpayers can deduct medical expenses exceeding 7.5% of their Adjusted Gross Income, but that threshold will rise to 10% of the AGI in 2019, so taxpayers won't be able to deduct as much. It would be a good idea to crunch the numbers now, to learn if itemizing and the medical expense deduction would reduce your taxes. … Continued