Quin, Rickard, Lipshires & Grupp, LLP
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Monthly Tax Tip - June 2010
For owners of small businesses and their workers, the recently enacted health reform legislation has some key provisions to. The major ones
Monthly Tax Tip - May 2010
High-income taxpayers will be hit with two big tax hikes under the recently enacted health overhaul legislation: a tax increase on wages and a new levy on investments.
Monthly Tax Tip - April 2010
Below is a brief overview of the key tax changes affecting individuals in the recently enacted health reform legislation.
Monthly Tax Tip - March 2010
Below is an overview of two key tax changes affecting business in the recently enacted Hiring Incentives to Restore Employment (HIRE) Act
Monthly Tax Tip - February 2010
In these troubled economic times, many financially distressed borrowers may have had some or all of their debt cancelled or forgiven by their lender last year.
Monthly Tax Tip - January 2010
The following is a summary of the most important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood.

Articles written by QRGA, LLP.
 
Nursing Home Costs Continue to Climb

One of the greatest fears of older Americans is that they may end up in a nursing home. This means not only a great loss of personal autonomy, but also a tremendous financial price. The median cost of a private room in a nursing home in the U.S. is $74,208 a year, or $203 a day, according to the 2009 Genworth Cost of Care Survey. The highest rates for a private room in 2009 were reported in the state of Alaska, where the median annual cost is $187,610, or $514 a day. The lowest rates were found in Louisiana, at $50,594 a year, or $139 a day. The average length of stay in a nursing home for current residents is 3 years, which makes the median cost of a nursing home stay in a private room approximately $222,624.

 
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