Goodale & Barbieri Company has more than 85 years of leasing experience. We have developed deep relationships throughout the community, and our research and experience give us unparalleled insight into occupier trends. In this quickly evolving retail landscape, we can provide forward looking, data driven leasing solutions that position your asset for optimal financial performance. We will analyze risks in your current occupancy strategy and bring solutions that mitigate risk, position you for success and overcome the most demanding real estate challenges.

From Malls and Power Centers, to Inline Retail and Neighborhood Centers, our national and regional retail tenant negotiations include Nordstrom, Apple, JC Penney, Albertsons, Regal Cinemas, Winco, Rosauers, Safeway, REI, Herbergers, Target, Zumiez, Payless, Cold Stone Creamery, Bath & Body Works and many more. We have successfully negotiated with national restaurant chains including MacKenzie River Pizza, Red Lobster, Olive Garden, Elephant & Castle, Red Robin, McDonald’s, Arby’s, Starbucks, Tully’s, Shari’s, Taco Bell and Jack in the Box. In today’s economy, reducing occupancy costs and maximizing efficiency is more important than ever. Lease negotiations that focus on the details will make the difference. For many companies, real estate costs are the second highest expense behind labor, and the process that determines these costs are deserving of high levels of diligence. Goodale and Barbieri Company has a team of commercial real estate professionals with the depth and breadth of experience to navigate even the most complex lease processes.

If you would like to know more about how we can help, please contact us today.

Goodale & Barbieri | Cost Effective Commercial Leases

Imagine standing at the foot of a towering mountain named “is Medicare Part B tax deductible”, wondering how to start your climb. It’s not Everest, but it can be daunting nonetheless.

You’ve heard whispers about medical expenses and deductions, about monthly premiums affecting adjusted gross income. But you’re left grappling with questions: How does it all work? Where do I even begin?

Let’s go into some unfamiliar areas. We’ll decode the eligibility criteria for Medicare Part B and decipher income-related monthly adjustments. Plus, we’ll explore how itemized deductions impact your taxes.

Is Medicare Part B really tax-deductible?

Understanding Medicare Part B and Tax Deductibility

When it comes to health care costs, every bit of help counts. That’s why understanding the ins and outs of Medicare Part B can make a big difference. Let’s begin by exploring the details of this program.

Medicare Part B, also known as medical insurance, covers certain doctors’ services, outpatient care, medical supplies, and preventive services. You might be wondering – how much does it cost? The answer depends on your income; however, typically beneficiaries cover around 15% of their overall Medicare costs with monthly premiums.

The Link Between Taxes and Medical Expenses

Taxes are rarely fun to deal with but they’re an integral part of our financial lives. When dealing with medical expenses like those from Medicare Part B premiums paid out-of-pocket or long-term care costs related to specific conditions you may ask if these are tax deductible?

The simple answer is yes – in some cases. For many folks filing federal income tax returns who itemize deductions instead of taking the standard deduction amounts could include these payments under eligible health insurance expenses. But there’s a catch: Only that portion exceeding 7.5% of your adjusted gross income (AGI) will count towards the deduction for any given tax year.

Navigating Income-Related Monthly Adjustment Amounts (IRMAA)

If you have high-income based on modified adjusted gross numbers reported two years ago then get ready for IRMAA – Income-related monthly adjustment amounts – which means paying more for your Medicare coverage including part b premium amount than lower-income beneficiaries would pay premiums due to higher incomes within defined brackets set by Social Security Administration guidelines annually updated. The IRMAA determination is based on income from two years prior to your current enrollment period.

As the days to your enrollment period approach, it’s vital to understand the costs you will face, including the Part B deductible. Each period of coverage by Medicare Part B begins after you’ve met this deductible.

Self-employed individuals have something to be cheerful about with regards to IRMAA – they can deduct all Medicare premiums from their federal taxes, thus decreasing the total amount of money paid for medical care. They can deduct all Medicare premiums from their federal taxes, effectively lowering the total out-of-pocket medical expenses.

Can All Medical Expenses Be Deducted?

Eye exams might qualify, other expenses may not. It’s crucial to understand the guidelines before claiming deductions on your tax return.

While every construction project is unique, the process of building a roof on a new house generally follows a similar timeline. During the planning and design phase, considerations such as architectural style, structural requirements, and local building codes come into play.

Explore further

and know the roofing process.

Understanding the Roofing Process

1. Planning and Design:

Before any construction begins, the roofing process starts with meticulous planning and design. Architects and engineers work together to create detailed blueprints and specifications for the roof, taking into account factors such as the home’s architectural style, local building codes, and structural requirements.

2. Material Selection and Procurement:

Once the design is finalized, the next step is to select the appropriate roofing materials. This could include shingles, tiles, metal panels, or other options depending on the homeowner’s preferences and budget. After choosing the materials, they need to be ordered and delivered to the construction site, which can take several weeks depending on availability.

Construction Phases:

3. Framing and Sheathing:

The first phase of actual construction involves framing the roof structure and installing the sheathing. This typically includes building the trusses or rafters, attaching them to the top of the walls, and then covering the frame with plywood or oriented strand board (OSB) sheathing. This phase can take anywhere from a few days to a couple of weeks, depending on the size and complexity of the roof.

4. Roofing Installation:

Once the framing and sheathing are in place, the roofing material can be installed. This involves laying down the underlayment, followed by the shingles, tiles, or other roofing material. The installation process can vary widely depending on the type of material being used, the slope of the roof, and the skill level of the roofing crew. On average, it can take anywhere from a few days to a couple of weeks to complete the roofing installation.

5. Finishing Touches:

After the roofing material is installed, the final touches are added to ensure the roof is watertight and aesthetically pleasing. This may include installing ridge vents, flashing around chimneys and vents, and adding any necessary trim or edging. Once these finishing touches are complete, the roof is inspected to ensure it meets quality standards and building codes.

Factors Affecting Timeline:

– Weather Conditions:

Weather can have a significant impact on the timeline for building a roof. Inclement weather, such as rain, snow, or high winds, can delay construction and may require temporary protective measures to prevent damage to the unfinished roof.

– Complexity of Design:

The complexity of the roof design can also affect the timeline. A simple gable roof will typically take less time to build compared to a complex hip or mansard roof with multiple slopes and angles.

– Availability of Labor and Materials:

The availability of skilled labor and materials can also influence the timeline for building a roof. If there is a shortage of experienced roofers or delays in material delivery, it can prolong the construction process.

Conclusion:

While every construction project is unique, the process of building a roof on a new house generally follows a similar timeline. From planning and design to material selection, construction, and finishing touches, each phase plays a crucial role in creating a durable and aesthetically pleasing roof. By understanding the factors that can affect the timeline, homeowners can better anticipate how long it will take to complete their new roof and plan accordingly.

When filing a workers’ compensation claim in Scranton, Pennsylvania, the process can initially seem daunting. You might wonder about the steps to take and how to ensure your claim is handled correctly. Understanding all the aspects of reporting your injury, seeking medical treatment promptly, and completing the necessary paperwork is important to your claim. But there’s more to it than just paperwork; knowing your rights and benefits could make a significant difference in the outcome of your claim.

Reporting Your Injury to Your Employer

When you get injured at work in Scranton, promptly inform your employer about the incident. Reporting your injury as soon as possible is important for initiating the workers’ compensation process. Make sure to provide details of how the injury occurred, when it happened, and the specific body parts affected.

Your employer should then provide you with the necessary forms to formally document the injury. It’s essential to accurately fill out these forms to ensure that your claim progresses smoothly. By promptly reporting your injury, you comply with legal requirements and ensure that you receive the benefits and support you’re entitled to under Pennsylvania’s workers’ compensation laws.

Seeking Medical Treatment

After reporting your work-related injury, seek medical treatment as soon as possible. This is essential for documenting your injury and ensuring your well-being.

Contact your employer to find out if they have a list of approved healthcare providers for workers’ compensation claims. If not, visit your healthcare provider, a hospital emergency room, or an urgent care. Inform the healthcare provider that your injury is work-related so they can properly document it.

Keep detailed records of all medical treatments received, including doctor’s visits, prescriptions, and any recommended follow-up care. Your health and recovery are top priorities, so don’t delay seeking medical attention.

Completing the Necessary Claim Forms

After seeking prompt medical treatment for your work-related injury, the next step involves completing the necessary claim forms.

The primary form you need to fill out is the Employee Report of Injury form, which should be submitted to your employer. This form requires details about the accident, your injury, and how it occurred.

Additionally, your employer should provide you with a Workers’ Compensation Claim Petition form, which initiates the official claim process with the Pennsylvania Bureau of Workers’ Compensation.

Complete these forms accurately, as any errors or missing information could delay your claim. Keep copies of all forms for your records, and consider consulting with a workers’ compensation attorney for guidance through this process.

Understanding Your Rights and Benefits

Familiarize yourself with the rights and benefits of your workers’ compensation claim to grasp the full scope of your entitlements and protections.

In PA, you can receive medical treatment for your work-related injury or illness, including doctor visits, surgeries, medications, and rehabilitation services. Additionally, you’re entitled to wage loss benefits if you cannot work due to your injury. These benefits typically amount to about two-thirds of your average weekly wage.

Understanding these rights can help you navigate the workers’ compensation process more effectively and ensure you receive the support you need during your recovery. If you have questions about your specific benefits, feel free to contact a Scranton workers’ compensation attorney for guidance.

What If My Claim Was Denied?

If your workers’ compensation claim has been denied, it’s essential to understand the process for appealing the decision.

The first step is to request a hearing before a workers’ compensation judge by filing a petition within 20 days of receiving the denial. You can present evidence, testimony, and arguments to support your claim during the hearing.

It’s crucial to be well-prepared and have all relevant documentation in order. If you disagree after the judge’s decision, you can further appeal to the Workers’ Compensation Appeal Board and then to the Commonwealth Court if necessary.

Seeking legal counsel experienced in workers’ compensation cases can greatly assist you in navigating the appeals process and maximizing your chances of a successful outcome.

There are lots of choices available to you when it comes to driveways. A driveway can add significant value to your house and make it a better place to settle down. Some choices will set you back more than others, but there is plenty of choice available no matter if you’re on a budget or have more to invest. Talk to us for more 

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Tarmac private drives

Tarmac or asphalt driveways are also very inexpensive and are known for their tough climate resistance. Driveways made from tarmac are also incredibly resilient, which makes them a great match for bigger motor vehicles. They also have a smooth coating, which means outstanding skid resistance. Tarmac driveways can easily survive hail, ice and storms. tarmacadam is also an ideal match for the eco-conscious due to the way that the material can be used indefinitely. For a great solution visit 

Tarmac Drives

Block paving private drives

Block paving is based around interlocking, which gives you additional durability. It can be designed in a range of designs and you can simply switch out individual blocks if they are damaged. An additional key benefit of block paving driveways is that they have great fade resistance. A block paving private drive can last for up to 20 years. These driveways do not require top polishing, and there is normally no need to repaint them even years down the line. All you usually need to do to maintain a block paving driveway is to clean it with soap and water. Block paving driveways are also popular due to the way that they can withstand severe weather with ease.

Resin-bound and resin-bonded private drives

Resin-bound and resin-bonded private drives have become increasingly popular over recent years. Resin-bound driveways are water-permeable. Whilst resin-bonded systems have resin spread across the surface with loose stone scattered on top of them, resin and stone are mixed together and trowelled into place to develop resin-bound systems. These systems give you a great deal of choice when it comes to flexibility and colour.

Indian natural stone private drives

Indian stone private drives offer the look of natural sandstone, and there are plenty of patterns and colours to choose from. One of the key benefits of Indian Sandstone is that it doesn’t usually split, crack or peel. This stone also has non-slip qualities.

Natural stone driveways

Natural stone private drives are quick and straightforward to install and may be the ideal alternative if you’re on a tight budget. A big benefit of having a stone private drive put in is that you’ll be alerted when someone pulls up on your driveway or walks across it. This means it can be a fantastic discouraging factor for intruders. These driveways also require little maintenance.

Cobble Stone and brick driveways

Although they’re not as well-liked as they once were, cobblestone and brick driveways offer a highly distinct, attractive appeal. These private drives offer good protection to cold and are simple to take care of. They are also noted for their resilience and can be personalized to your specific demands and preferences.

Pattern-imprinted concrete private drives.

Pattern-imprinted cement driveways are also known as stamped concrete and decorative concrete driveways. These private drives offer a highly long lasting surface and can easily hold up against heavy weights. Another reason why these private drives are so popular is that they require little servicing. There are many designs, styles, colours and patterns to choose from.
No matter what your tastes and preferences are, it shouldn’t be too hard to find a private drive style that fulfills your needs.

If you have any queries visit 

Tarmac Driveways

for a free quote.

Ever wondered why some numbers in finance seem to shift every year? The OASDI limit for 2023 is one such figure that’s crucial yet often misunderstood. For those scratching their heads, OASDI stands for Old-Age, Survivors, and Disability Insurance – essentially Social Security. This year brings a fresh twist you’ll definitely want to get cozy with.

The OASDI limit marks the ceiling of your earnings taxed for Social Security purposes. Understanding this number is more than just ticking a box for the sake of it; it’s about smartly mapping out your financial journey ahead. In the same way you manage your credit cards to optimize credit health, understanding the OASDI limit helps optimize your financial health.

Understanding the Social Security Tax Limit 2023

The limit on Social Security tax isn’t something to shrug off. It’s the maximum amount of your earnings that are subject to the Social Security tax each year.

That limit is $160,200. A nice chunk of change, right?

What Is the Social Security Tax Limit?

Let’s break it down. If your earnings hit that $160,200 cap, you’ll pay a maximum of $9,932.40 in Social Security taxes for the year. Your employer will kick in the same amount, for a total of $19,864.80 paid into the system on your behalf.

But if you’re self-employed, you’re on the hook for the whole enchilada – 12.4% of your earnings up to that $160,200 limit. The silver lining? You get to deduct half of that amount on your tax return. Every cloud, my friend. This is akin to how wisely managing your credit can lead to significant savings over time.

Now, let’s say you’re an overachiever and earn more than $160,200. Congrats. But here’s the thing: you don’t pay Social Security taxes on anything over that amount. It’s like hitting the jackpot, tax-wise.

How the Increase Affects Payroll Taxes

So, how does this compare to last year? In 2022, the Social Security tax limit was $147,000. That means the limit jumped by $13,200 for 2023. Not too shabby.

But wait, there’s more. If you’re a high earner, you could pay up to $818 more in Social Security taxes this year compared to 2022. It’s all thanks to that increase in the wage base limit.

So, what does this mean for your paycheck? If you earn $160,200 or more, you’ll see 6.2% taken out for Social Security taxes until you hit that magic number. Then, poof. No more Social Security tax withholdings for the rest of the year. It’s like a little bonus, right? Much like how responsibly using credit cards for monthly expenses can help manage cash flow effectively.

A dating culture that is as broad and diverse as the city’s residents can be discovered in London, which is a dynamic metropolitan area. There is absolutely something for everyone in this city, from the timeless allure of cozy cocktail bars tucked away in the city’s ancient nooks to the pulsating energy of trendy dating services that are sophisticated with innovation. The city has a plethora of romantic chances, accommodating a vast array of interests and choices in terms of appearance according to

charlotte London companions

.

By taking a stroll along the Thames or through the charming parks of London, one can still set the stage for a date that is truly unforgettable. The traditions of wooing are still very much alive and well in London. Whether it’s a walk through the city lights in the evening or a cup of tea in the afternoon at a small café, London is the embodiment of love in more methods than one according to

charlotteaction.org

.

New and innovative methods of interacting with potential partners have actually become a result of the city’s modernity, which stands in plain contrast to the previous statement. Singles are significantly accepting innovation and using dating apps and online platforms in order to establish connections with individuals who match their interests and values. This is a result of the continuously shifting landscape.

It is very important to keep in mind that despite the fact that technology has actually changed the dating environment in London, the traditional perfects of real compatibility and personal connection continue to be at the leading edge of successful relationships.

For example, speed dating events and singles’ mixers have actually grown progressively popular amongst individuals who are aiming to break away from the uniformity of digital contacts and construct genuine connections through face-to-face chats. Participating in these events uses a priceless chance to fulfill new individuals in an atmosphere that is both amusing and appealing.

It is necessary to make sure that every individual is prepared with a variety of alternatives in order to successfully navigate the world of love. The variety and richness of dating experiences in London are a reflection of the diverse nature of the city. London is an enchanting city that provides a range of amazing opportunities for single people who are looking for love. These chances vary from conventional candlelit dinners to online matchmaking.

Due to the truth that we have examined the varied terrain of dating in London, let us now move our focus to determining some of the most widely known bars and clubs in this vibrant city where singles might satisfy and make connections with one another.

For retirees in Medicare the tax of IRMAA is happening and at a more alarming rate than ever before, so much so that the future of IRMAA will impact many more retirees than anyone is planning for. The 2025 IRMAA brackets are expected to affect even more retirees than the current brackets. Each IRMAA tier has a corresponding marginal tax rate that determines the additional premium part B and part D surcharges.

In 2007, when IRMAA first came into existence, roughly 1.7 million Medicare beneficiaries were hit with this tax.

Today, in 2023, the amount of people in IRMAA is over a staggering 6.8 million. This is an increase of 9.00% annually from 2007 and the future doesn’t look like it will decrease either.

What is the Future of IRMAA?

According to recent reports from the Trustees of Medicare, by 2030 there will be at least 12.8 million or 25% of all eligible Medicare beneficiaries in IRMAA.

This amount of Medicare beneficiaries who will be in IRMAA, according to the Trustees, must occur, regardless of what the IRMAA thresholds may become as the program itself (Medicare) will be insolvent in just a few years without it.

IRMAA is simply a revenue source for both the Medicare and Social Security programs, without it both programs will be in serious jeopardy. The Social Security Administration uses your modified adjusted gross income (MAGI) to determine your IRMAA tier and corresponding marginal tax rate.

What is IRMAA?

IRMAA, short for Medicare’s Income Related Monthly Adjustment Amount, is a surcharge on to of Medicare Part B and D premiums for those who earn to much income. The income-related monthly adjustment amount (IRMAA) is based on your modified adjusted gross income.

IRMAA is a tax on income.

If you earn an income over a certain limit, then your Medicare premiums will increase accordingly. The more you make in oncome the higher your premiums will be. Your adjusted gross income, as reported on your tax return, is used to determine if you are subject to the income-related monthly adjustment amount. The marginal tax rate for IRMAA can be as high as 85% for the highest income tier. 

Compounding this issue of IRMAA and its surcharges is that any surcharges you are hit by will reduce your Social Security benefit too.

You pay for your IRMAA surcharges through your Social Security benefit.

So, the more income you earn in retirement the more your Medicare premiums will be and the lower your Social Security benefit will be too. For married couples filing jointly, the IRMAA threshold is higher than for single filers. The Social Security Administration determines your IRMAA tier and premium part B and D surcharges based on your taxable income.

Ever wondered why some numbers in finance seem to shift every year? The OASDI limit for 2023 is one such figure that’s crucial yet often misunderstood. For those scratching their heads, OASDI stands for Old-Age, Survivors, and Disability Insurance – essentially Social Security. This year brings a fresh twist you’ll definitely want to get cozy with.

The OASDI limit marks the ceiling of your earnings taxed for Social Security purposes. Understanding this number is more than just ticking a box for the sake of it; it’s about smartly mapping out your financial journey ahead. In the same way you manage your credit cards to optimize credit health, understanding the OASDI limit helps optimize your financial health.

Understanding the Social Security Tax Limit 2023

The limit on Social Security tax isn’t something to shrug off. It’s the maximum amount of your earnings that are subject to the Social Security tax each year.

That limit is $160,200. A nice chunk of change, right?

What Is the Social Security Tax Limit?

Let’s break it down. If your earnings hit that $160,200 cap, you’ll pay a maximum of $9,932.40 in Social Security taxes for the year. Your employer will kick in the same amount, for a total of $19,864.80 paid into the system on your behalf.

But if you’re self-employed, you’re on the hook for the whole enchilada – 12.4% of your earnings up to that $160,200 limit. The silver lining? You get to deduct half of that amount on your tax return. Every cloud, my friend. This is akin to how wisely managing your credit can lead to significant savings over time.

Now, let’s say you’re an overachiever and earn more than $160,200. Congrats. But here’s the thing: you don’t pay Social Security taxes on anything over that amount. It’s like hitting the jackpot, tax-wise.

How the Increase Affects Payroll Taxes

So, how does this compare to last year? In 2022, the Social Security tax limit was $147,000. That means the limit jumped by $13,200 for 2023. Not too shabby.

But wait, there’s more. If you’re a high earner, you could pay up to $818 more in Social Security taxes this year compared to 2022. It’s all thanks to that increase in the wage base limit.

So, what does this mean for your paycheck? If you earn $160,200 or more, you’ll see 6.2% taken out for Social Security taxes until you hit that magic number. Then, poof. No more Social Security tax withholdings for the rest of the year. It’s like a little bonus, right? Much like how responsibly using credit cards for monthly expenses can help manage cash flow effectively.

Changes in Social Security Benefits in 2023

Now, let’s talk about the fun part: Social Security benefits. Benefits are getting a boost.

Thanks to a cost-of-living adjustment (COLA), benefits will increase by 8.7%. That’s the biggest jump since 1981. It’s like giving your monthly check a caffeine boost.

Retirement Earnings Test Thresholds for 2023

But wait, there’s a catch. If you’re under your full retirement age and still working, the retirement earnings test comes into play. This quiz is all about figuring out if earning a bit more cash will mean your benefits take a hit.

The earnings limit is $21,240 per year or $1,770 per month for those under full retirement age. If you hit that limit, your benefits will be reduced by $1 for every $2 you earn over the threshold. Ouch.

But once you reach full retirement age, the earnings test disappears like magic. Poof. You can earn as much as you want without any reduction in benefits. It’s like hitting the retirement jackpot. Similar to how managing credit effectively can increase your purchasing power over time.