Caregiving costs can be complex to navigate — especially when family finances vary. Discover practical strategies for assessing expenses, dividing responsibilities fairly, working with financial professionals, and keeping everyone on the same page.
Tax Tips for Family Caregivers and Older Adults. You can read more useful articles and advice on our blog.
Read our Tax advice & Tips for Family Caregivers. You can read more useful articles and advice on our blog.
The best way to avoid a nasty surprise on the amount owed for tax return – or a terse letter from the IRS– is to do a rough tax projection. This process produces an estimate of what is owed so you can make smart decisions about cash flow and take steps to qualify for more Read more >>
Tax Preparation Tips for Seniors & Family Caregivers. You can read more useful articles and advice on our blog.
Did you know medical equipment costs may be tax deductible — including your medical alert system? Learn which IRS-approved deductions apply to seniors and caregivers, and how itemizing could help reduce the financial burden of aging or caregiving.
Tax Breaks for Family Caregivers: Deductions and Credits. You can read more useful articles and advice on our blog.
Even the most conservative estimates place losses from elder financial exploitation at $36 billion each year. And that’s just what’s reported to financial companies and the police. “Elder financial abuse is happening in America at an alarming rate – if it was reported as often as it happens,” asserts Syracuse-based CPA and financial planner Ted Read more >>
5 Tips for Managing Healthcare for Aging Parents. You can read more useful articles and advice on our blog.
“If we care about someone, it’s going to have a financial impact, an emotional impact, and a physical impact,” admits Chris Cooper, a certified financial planner in San Diego. This isn’t exactly news for most adults who care for their aging parents. But Cooper points out that it is possible to lighten the emotional and Read more >>