HudsonAlpha Institute for
Biotechnology will continue and
expand the Information is Power
initiative through November
7, 2018, thanks to a generous
sponsorship from Redstone
Federal Credit Union.
Information is Power, a
collaboration between
HudsonAlpha and Kailos
Genetics, offers free and
reduced-cost genetic cancer risk
testing for men and women in
North Alabama. Redstone has
sponsored the initiative for
two years.
Free testing is available to women
and men 28 to 32 years of age
who live in Madison, Jackson,
Limestone, Marshall and Morgan counties. If you do not fall within that age range, the test is
available at a discounted price for individuals 19 and older living in those counties.
‡e test screens for mutations in the well-known BRCA1 and BRCA2 genes, as well as
additional genes linked to other diseases including colorectal and prostate cancer.
Joseph Newberry, RFCU President and CEO, said sponsoring the initiative is a way to help
build healthy and strong communities.
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‡e new tax law, Tax Cuts and Jobs Act of 2017, eliminated a long-standing section of the
tax code that allowed homeowners to borrow against their equity and use the proceeds for
whatever purposes they chose, while deducting interest payments on their federal taxes.
Moving forward, the interest on a home equity loan can be deducted as long as the proceeds
are used to substantially improve the home.
Still have questions? Talk to your tax advisor.
I N O U R C O M M U N I T I E S
•
UPDATES ON DEDUCTING HELOC INTEREST PAYMENTS
•
genetic testing
for cancer risk
