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2022 tax deductions to look out for beyond just income, and itemized

Remember that April 18 marks the deadline for taxpayers to file their annual returns. Tax Day is typically April 15, but because that date falls on a Saturday, and due to a Washington, DC holiday on Monday, the filing deadline was pushed to April 18. As of April 7, the Internal Revenue Service has processed more than 101 million returns. The average refund to taxpayers is $2,878, down from $3,175 at the same time a year earlier. If you’re scrambling to finish your taxes by midnight Tuesday, here are some reminders of often-forgotten items that might be deductible, so you…
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Does Divorce Change My Estate Plan?

Yes! Even if you don’t have a written estate plan, you have an estate plan per the laws of your state. If you get divorced, the nature of your estate plan will change. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). If you have a written estate plan and get divorced, once your divorce is final, you need to update your plan. It is likely your divorce may change things such as your: legal name, Trustees, beneficiaries, Power of…
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EHR Threats? – Rickard & Associates

A recent warning highlights that electronic health records (EHRs) are a top target of cybercriminals. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). The Health Sector Cybersecurity Coordination Center (HC3) issued a warning to healthcare entities regarding EHR vulnerabilities and protections. Protected health information (PHI) continues to hold its value on the dark web and is a constant target of cybercriminals. With the recent growth of telehealth and healthcare technology, we have seen a large increase in cybercrime and…
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Croque Monsieur Protein Bread Pudding

Easter is coming! I love Easter brunch and the past few years it always includes a recipe using my protein sparing bread! This year I am making my protein sparing bread Croque Monsieur Bread Pudding! Croque Monsieur bread pudding is filled with ham, Gruyere cheese, onions, garlic and thyme. My son Kai did not want to be the taste tester for this but once he took a bite, he quickly asked for a large piece! HOW TO MAKE PROTEIN SPARING BREAD CROQUE MONSIEUR BREAD PUDDING To make my protein bread for Croque Monsieur Bread Pudding, I used Further Food Gelatin!…
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3 Things You Should Know About Irrevocable Trusts

A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in stone. A second thing that you should know about irrevocable trusts is that they have significant advantages, and also unique…
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Millions are about to lose Medicaid. Here’s why — and what to do.

For millions of Americans who get medical care under Medicaid, the end of March marks a grim deadline. Starting April 1, states will begin removing people from the government health insurance program for the poor, paring rolls that have swelled during the pandemic. The government estimates that 15 million people — or roughly 1 in 6 of the 84 million on Medicaid — will be kicked off the program. Here’s why this is happening and what people should know. What’s happening to Medicaid? During the pandemic, the government suspended procedures that would remove people from Medicaid. Before the crisis, people…