Tag: Cost of Living Adjustments

IRS Releases Cost of Living Adjustments for 2011

The IRS has released the cost-of-living adjustments for items such as the adoption credit, eligible long-term care premiums, medical savings accounts and the gift tax.  The maximum adoption credit in 2011 will be $13,360.  For medical savings accounts, a “high-deductible health plan” will mean a plan that has an annual deducible between $2,050-$3,050 for self-only, and […]

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