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The scariest scarlet letter

February 2, 2007

The scariest letter today for women is not A. It’s H.

H for health, especially heart health.

And the American Heart Association wants today to be a red-letter day. Actually, the organization wants it simply to be a red day, as in red attire. Feb. 2 is Wear Red Day.

HeartdiseasedressgraphinsertThe AHA and the health care community hope that the site of thousands of people across the country decked out in red this Friday will help increase awareness of heart disease and encourage women to live more heart-healthy lifestyles and seek appropriate medical treatment.

The scary fact is that heart disease is the number one killer of women. Yeah, we see a lot of those pink ribbons, and breast cancer still is a major medial concern for women.

But the cold, hard medical data indicate that my mother, my aunts, my cousins, my friends, my neighbors and I are all more likely to succumb to heart disease. It strikes one in three American women; breast cancer affects one in 30. This chart shows how some common medical conditions compare.

A good guide to beating heart disease is the Healthy Heart Handbook. It includes warning signs of imminent medical danger (i.e., a heart attack; many women suffer them and don’t even realize it!), questions to ask your doctor, self-help steps you can take to reduce your chances of heart disease and much more.

Guys, you can read it, too. That way you can be on the lookout for symptoms and turn the nagging table on the lady in your life when she needs to take better care of herself.

Medical help from the IRS: Obviously, medical treatments, including those to treat heart disease, are deductible if they meet the itemization threshold of 7.5 percent.

Several things can help you reach that threshold, such as a physician-prescribed weight loss program (obesity is a major contributor to high blood pressure, which leads to heart disease). If you have to drive quite a distance to see a heart specialist, that mileage is deductible, too.

Find more ways to maximize your medical deductions here, as well as in the official IRS Publication 502.

If you’re heart healthy, good for you! You can still help others fight heart disease and get a tax break, too, by contributing to the American Heart Association. It won’t do you any good on your 2006 return, due here in a couple of months, but it’ll count toward next year’s itemization total.

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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