The American Association for Long-Term Care Insurance announced their publication of two new guides explaining 2010 tax deductibility rules and limitations. The booklets, which are intended for individuals and business owners interested in purchasing long-term care insurance, come just as the federal government has begun offering tax deductions and incentives for such purchases.
"Tax deductions and credits are going to be increasingly important and a most significant selling point insurance and financial professionals can use to encourage long-term care planning," says Jesse Slome, Executive Director of the American Association for Long-Term Care Insurance.