What You Need to Know about Caregiving Expenses and Tax Deductions

Tax season is upon us once again, and if you’re like most Americans, you’re wondering how you can minimize your family’s financial burden. Thankfully, if you’ve arranged for in home senior care from Always Best Care to care for an aging loved one, you may be eligible for tax breaks that can help you cut Continue reading What You Need to Know about Caregiving Expenses and Tax Deductions
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Many Employers Now Allowing Pre-Tax Dollars for Senior In-Home Care

If you’re an adult child that is responsible for providing your aging parents with home care, then you know how time consuming this act of love can be. With a family of your own, and a full-time job, finding the time to take care your senior loved one can almost seem like an impossible task. The senior population in the US is set for incredible growth in the coming years, and as such, more employers are beginning to offer ways for their employees to give their parents the elder care they need. From 2008 to 2014, the share of companies offering information about senior care services has gone from 31% to 43%, says the 2014 Families and Work Institute’s National Study of Employers. What’s better, three-fourths of these same companies are allowing their employees time off to fulfill their elder care duties. The number of companies that allow their workers to pay for senior in-home care with pre-tax dollars has almost doubled since 2008, meaning that more families around the country
http://blog.alwaysbestcare.com/many-employers-now-allowing-pre-tax-dollars-for-senior-in-home-care/