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Funeral expenses are generally not tax deductible on your personal income tax return. The IRS does not consider funeral costs qualified medical expenses. While individuals cannot deduct these ...
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“Cremation typically costs between $1,000 and $3,000, while burial expenses can add up quickly, including the casket, vault, and transport, which can exceed $5,000 together,” he added ...
The California excise tax on gasoline as of mid-2011 is 35.7 cents per gallon for motor fuel plus a 2.25% sales and use tax, 13 cents per gallon for diesel plus a 9.12% sales and use tax. [ 37 ] The California Department of Tax and Fee Administration provides an online list of sales taxes in the local communities of the state.
The Funeral Rule, enacted by the Federal Trade Commission on April 30, 1984, and amended effective 1994, is a U.S. federal regulation designed to protect consumers by requiring that they receive adequate information concerning the goods and services they may purchase from a funeral provider.
According to the National Funeral Directors Association, the average cost of a funeral ranges from $6,280 to $8,300 as of 2023. Life insurance could provide your family with financial security and ...
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