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A Family Caregiver’s Guide to Paying and Withholding Taxes for Household Employees
If you’re hiring help to care for an elderly parent—whether it’s a home health aide, companion, or housekeeper—you might be taking on more than just caregiving responsibilities. You could also be hiring a household employee, which comes with its own set of tax...
Claiming the Nebraska Caregivers Tax Credit
Caring for a loved one is a labor of love, but it can also be financially challenging. According to a survey conducted by the National Alliance for Caregiving and the AARP Public Policy Institute, 36% of caregivers for older adults report moderate to high levels of...
Managing Elderly Parents Finances? Why You Should Consider Hiring a Daily Money Manager
Managing elderly parents' finances can be challenging. Many family caregivers are juggling their own careers and families while caring for elderly parents, and weight of responsibility means bills might get overlooked, budgeting may become a struggle, or their loved...
Tax Preparation Checklist: Gather These Documents to File Your Tax Return
Tax season might feel like it's a long way off, but following a tax preparation checklist and getting started early can save you stress and set you up for a smooth filing experience. While the IRS typically opens tax filing in mid-January, there’s no need to wait...
Protecting Your Elders: A Guide to Preventing and Addressing Elder Financial Abuse
Elder financial abuse is a deeply troubling issue that affects millions of older adults every year. Between 2022 and 2023, the Financial Crimes Enforcement Network (FinCEN) received over 155,000 reports of elder financial abuse, with roughly $27 billion in suspicious...
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