SIGNS: Aging Check-Up

Posted on March 3, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

How to check for signs of aging?

By Staff Reporters

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Standing on one leg

Dr. Claudio Gil Araujo’s 12-year study in Brazil of 1,702 people enlisted participants to try the above exercise (it was then repeated on the other leg.) One hundred and twenty-three people died in the 10 years that followed – equivalent to an 84 per cent heightened risk of death, when adjustments for underlying conditions, age and sex were made. 

Causation has yet to be established. However: “this rapid and objective feedback… adds useful information regarding mortality risk in middle-aged and older men and women,” the paper reports.

And, the findings of the study has led to Araujo pushing for balance tests to be part of health screenings for the elderly due to correlation between poor balance and various medical conditions – from hearing loss to severe diseases such as Parkinson’s and Alzheimer’s.

Even if you are considered to be a healthy adult, the inability to balance on one leg for over 20 seconds could be linked to an increased risk of small blood vessel damage in the brain, reduced cognitive function and strokes.

EDUCATION: Books

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Filed under: "Doctors Only", Glossary Terms, LifeStyle | Tagged: , , , , , , , , , | 1 Comment »

IRS: Three Year Rule

Posted on March 3, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

DEFINITION

By Staff Reporters

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The IRS three-year rule, formally known as the statute of limitations, establishes a three-year window from the date you file your tax return or the due date of the return, whichever is later. During this period, both you and the IRS can make changes to your tax return. This means you have three years to claim a refund if you discover you overpaid, and the IRS has three years to audit your return or assess additional taxes if they find discrepancies.

This rule isn’t just about setting deadlines — it’s about creating a fair playing field. It gives taxpayers enough time to discover and correct mistakes while also allowing the IRS a reasonable time frame to verify the accuracy of returns. The clock typically starts ticking on April 15th of the year following the tax year, unless you filed early or received an extension.

However, there are important exceptions to this rule. If you underreport your income by more than 25%, the IRS gets six years to audit your return. And if you never file a return or file a fraudulent one, there is no statute of limitations. The IRS can come knocking at any time.

For most taxpayers, though, once three years have passed, the IRS can no longer come back and demand more money.

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Filed under: "Ask-an-Advisor", Accounting, Glossary Terms, Taxation | Tagged: , , , , , , , | Leave a comment »

STOCKS: Fractional Shares for Young Medical Professionals

Posted on March 3, 2025 by Dr. David Edward Marcinko MBA MEd CMP™

By Staff Reporters

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Suppose, as a medical or nursing school student, or new practitioner, you want to invest in a company, but its stock price may be higher than what you want, or can afford, to pay.

Instead of buying a whole share of stock, you can buy a fractional share, which is a “slice” of stock that represents a partial share, for very little money (ie., $5 at Charles Schwab).

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Example: If a company’s stock is selling at $1,000 a share and you were buying $200 worth of it, you would own 0.2 (20%) of a share. With stock slices, investing has never been more accessible.

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EDUCATION: Books

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Filed under: "Ask-an-Advisor", "Doctors Only", Financial Planning, Glossary Terms, Health Economics, Healthcare Finance, Investing | Tagged: , , , , , , | Leave a comment »