It’s Tax Season and there are 3 things you should know about income taxes and insurance:
- This year the tax penalty for not having health insurance is 2.5% of your household income or $695 per adult and $347.50 per child, whichever is higher is the one they’ll hit you with!
- Car insurance settlements are usually not taxable.
- Life insurance payouts are not usually taxable.
There is one man who can help with your income taxes and your insurance and he happens to be in our Middletown office, David Bonne Sr. Dave Sr has decades of insurance experience and five years of income tax experience with Liberty Tax Service and he’s happy to put all of that knowledge to work for you.
Let our family help your family save time and money today! #LibertyTax #HudsonValleyAgents #insurelocal #taxseason #deathandtaxes