In 2016, it became apparent that Arizona Public Service (APS) was planning to be the first utility in the country to impose mandatory “demand rates” on residential electric customers. Demand rate plans include an extra charge that is based upon the highest level of energy demand at the customer’s residence during a specified time period the month of service being billed.
There is a great deal of confusion surrounding the state of taxes in America. Congress will continue to push forward on tax reform with the approval of the budget in the Senate, but there is one aspect that AARP doesn’t want to get lost in the shuffle: The Medical Expense Deduction. Essentially, this allows you to deduct out-of-pocket medical expenses after exceeding a certain level of income based on your age.