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American Association for Long-Term Care...

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American Association for Long Term Care Insurance Publishes 2012 Tax Guides

Long term care insurance may be fully tax deductible and the 2012 limits and rules are spelled out in two new guides published by the American Association for Long Term Care Insurance.

Los Angeles, CA, December 17, 2011 --( Two new guides detailing the 2012 tax deductible limits and regulations pertaining to long-term care insurance protection have been published by the American Association for Long-Term Care Insurance. Over 1.2 million copies of the annually-produced guides have been used by insurance and financial professionals.

"The special rules that make long-term care insurance fully tax deductible for owners of small and mid-sized businesses, are still a well kept secret," explains Jesse Slome, executive director of the Association. The Guide To Tax-Qualified Long-Term Care Protection explains that in 2012 individuals may each be able to deduct as much as $4,370 of the cost of long-term care insurance premiums.

The Association has also published the 2012 edition of the Long-Term Care Insurance Guide For Accountants And CPAs designed to give detailed explanations of how the tax rules handle premiums for individuals, self-employed, Limited Liability Companies and C-Corporations. "Many tax professionals welcome a single, current source of information and this is an excellent way for insurance professionals to create strategic alliances and generate ongoing prospect referrals," Slome adds.

Information regarding the guides can be obtained on the Association's website. To view copies go to: or call the organization for information at 818-597-3227.

Founded in 1998, the American Association for Long-Term Care Insurance is the national trade organization established to educate both consumers and financial professionals. The organization's online Consumer Information Center has been nationally recognized as the nation's most comprehensive resource for current information on the topic.

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American Association for Long-Term Care Insurance
Jesse Slome

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