Published on January 30, 2009
The IRS allows medical expense deductions for certain long term care costs, but is asssisted living one of them? Currently, many people write off nursing home expense, but when it comes to assisted living facilities, the rules are as medical expenses. For more information, read this article in the The Estate Planning & Elder Law Firm newsletter:
http://www.virginiamedicaid.com/newsletter-vr/newsletter-95.html