East Oregonian

From the Tax Law Offices of David W. Klasing – What are IRS allowable basic living expenses in a federal tax collection scenario?

If you are applying for an offer in compromise or other repayment plan with the IRS, they are going to make you justify your living expenses. How do you do that? The first thing you want to do is make ...

Is assisted living tax-deductible? What you can and can’t claim

A Place for Mom reports some assisted living expenses may be tax-deductible if they exceed 7.5% of AGI, excluding nonmedical costs.
La Grande Observer

From the Tax Law Offices of David W. Klasing – What are IRS allowable basic living expenses in a federal tax collection scenario?

IRVINE, Calif., Feb. 11, 2025 /PRNewswire/ — Although a favorite saying of IRS revenue officers is that “the IRS is not a bank” and takes collection of federal taxes owed seriously, the IRS is ...
WTEN

From the Tax Law Offices of David W. Klasing - What are IRS allowable basic living expenses in a federal tax collection scenario?

IRVINE, Calif., Feb. 11, 2025 /PRNewswire/ -- Although a favorite saying of IRS revenue officers is that "the IRS is not a bank" and takes collection of federal taxes owed seriously, the IRS is ...