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2. IRS Warning: This One Tax Mistake Will Cost You - AOL

   www.aol.com/finance/irs-warning-one-tax-mistake...

   For tax year 2023, the IRS is focusing on the reimbursement of general expenses for health and welfare. ... Weight-loss program only if it is a treatment for a specific disease diagnosed by a ...

3. Tax breaks after 50 you might not know about - AOL

   www.aol.com/finance/tax-breaks-after-50-you...

   For the 2025 tax year, if you’re 50 or older, you can contribute an additional $7,500 to an eligible employee retirement account, for a total of $31,000 per year. Eligible accounts include: 401(k)s

4. Losing Weight After 50 Is Possible: 21 Effective Tips From ...

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   Find out how age and weight go together, here. Plus, expert tips for losing weight after 50, including diet plans, calorie needs, and low-impact workouts.

5. IRS Volunteer Income Tax Assistance Program - Wikipedia

   en.wikipedia.org/wiki/IRS_Volunteer_Income_Tax...

   Since the 1970s the program has grown to several thousand sites nationwide, partnering with non-profit organizations, local municipalities, and colleges and universities. In Tax Year 2015, 3.7 million VITA tax returns were filed with a 94% accuracy rate. VITA provides service to taxpayers making less than $58,000 per year.

6. Internal Revenue Code section 183 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   There is a presumption that the activity is "for profit" created in § 183(d) by the "three out of five year" rule. [2] Gross income from the activity must exceed deductions from the activity in three out of the previous five years. [3] If it does then the activity is likely presumed to be an activity engaged in for profit.

7. How to Lose Weight if You're Over 50

   www.aol.com/lose-weight-youre-over-50-000000814.html

   How to Lose Weight if You're Over 50. Mary Shustack. April 3, 2024 at 8:00 PM ... For more smart senior-living tips,please sign up for our free ... can only aid your weight-loss efforts ...

8. Depreciation recapture - Wikipedia

   en.wikipedia.org/wiki/Depreciation_recapture

   The remainder of any gain realized is considered long-term capital gain, provided the property was held over a year, and is taxed at a maximum rate of 15% for 2010-2012, and 20% for 2013 and thereafter. If Section 1245 or Section 1250 property is held one year or less, any gain on its sale or exchange is taxed as ordinary income.

9. US retirees beware: Here are 5 ‘hidden’ retirement costs that ...

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   The occasional $500 here or $1,000 there might not seem like much, but over time, it can drain your retirement fund faster than you realize. Setting firm financial boundaries is critical.