Due to the threat of storms and power outages, the Bothell Chamber of Commerce cancelled Chilifest.
Author Archives: John
To tap federal tax benefits of CCRCs, see your CPA
The following is a recent Chicago Tribune article discussing the various tax implications of moving to a Continuing Care Retirement Community. As with all tax matters the issues are somewhat tricky so instead of attempting to summarize the information, we have set forth the article in full. Continuing Care Retirement Communities (CCRCs) are increasingly popular… Continue Reading
The Benefits of House Sharing as a Senior
A recent study examined a new trend; among seniors who rent out a portion of their home. House sharing is an economical option for seniors who lack sufficient retirement funds, or for those wanting to stay in their homes as long as possible. The study notes that more than half of all working age households… Continue Reading
Office Closed Temporarily
Due to a residential gas leak next door, Hugg & Associates is temporarily closed. We hope to be back in our offices this afternoon and we apologize for any inconvenience. Once we return to our office we will return phone calls to all who leave us a message. Thank you for your patience.