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Follow on Google News | LTCA Distributes Critical 2009 Tax Information for Long Term Health Care InsuranceLong Term Care Associates today posted the inflation adjusted tax tables for 2009 which affect the amount of premium individuals may deduct on their federal tax returns. This information will be freely available to the public on its website until the
By: LTCA, Inc. “Our research indicates that some of the most powerful endorsements toward the purchase of long-term care insurance come from the government, and there is no more powerful endorsement than giving Americans cash back to spend on a private solution the government cannot afford to solve on its own, " said LTCA President and 28 year industry expert Robert Forman, “Including the Federal tax deduction, there are now some 30-odd states which offer either some form of Tax Credit or Deduction as well, and the indexing mechanism is an important feature to ensure that policyholders can leverage the fullest extent of the tax relief during our challenging economy." Besides those taken by individuals, the most common long-term care tax deductions are those taken in the employer-based market. These can be generous, although complex, and grant benefits to both employer and employee in C-Corporations, Partnerships, and Limited Liability Companies, to name a few. Questions about the available federal and state tax deductions of long term care insurance can be directed online at LTCA's "Ask Us A Question" tool or you can speak with a Long Term Care Specialist at 1-800-742-9444. About us: LTCA, Inc. is headquartered in Bellevue, Washington. With roots dating back to 1974 LTCA is one of the country's oldest and most distinguished long term care insurance marketing organizations. Learn more about Long Term Care Associates at our website http://www.ltc- Contact: Robert Forman, President LTCA, Inc. 1-800-742-9444 http://www.ltc- # # # LTCA, Inc. is headquartered in Bellevue, Washington. With roots dating back to 1974 LTCA is one of the country's oldest and most distinguished long term care insurance marketing organizations. End
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