Tax Tips

As 2010 draws to a close you may be starting to think of tax saving moves you could make.  There are two ways to save on your taxed if you have a hearing loss.

1. The cost of hearing aids, or related products are deductible as a medical expense. So if you have put off buying hearing aids or you need new ones, now is the time.  Pay for them in 2010 and take a medical expense deduction.

2. Donate your old hearing aids to charity.  The Quota International Club of Toledo has a hearing aids loan bank and is always in need of good used hearing aids.  If your hearing aids are no longer working, they can still be donated to Quota Club.  These are recycles at a repair facility.  The ones that can be repaired are, and the others are used for parts and Quota receives credits to have other aids repaired.  Kenwood Hearing Center is a drop-off point for your old hearing aids.