Filing Requirements

Age.   If you are 65 or older at the end of the year, you generally can have a higher amount of gross income than other taxpayers before you must file. See Table 1-1. You are considered 65 on the day before your 65th birthday. For example, if your 65th birthday is on January 1, 2009, you are […]

Pennsylvania Property Tax Rebates

PROPERTY TAX/RENT REBATE PROGRAM Of all Pennsylvania homeowners, our seniors face the greatest property tax burden, as they live on fixed incomes but are faced with rising property taxes. The passage of the Taxpayer Relief Act is already helping seniors and disabled residents remain in their homes and make ends meet through property tax relief. […]

Long Term Care Planning and the Recession of 2008 – What to do now?

A global economic crisis is upon us. Everyone has been affected by recent events. These events have been worrisome for most of us, but absolutely terrifying for our fixed income, retired or disabled parents and loved ones. Our elderly have been pushed even closer into financial panic or financial paralysis. A previously difficult task (planning […]

Bottom Line on Long Term Care and Medical Assistance

BOTTOM LINE ON LONG TERM CARE? THE ANSWERS MAY SURPRISE YOU. Many people have concerns about their future. For the elderly in Pennsylvania, your parents or loved ones, the concerns are quite valid as the issues are complex. The paradox presented to those individuals in Pennsylvania faced with the prospect of long term care is […]