2023 Tax Tips for Family Caregivers

2023 Tax Tips for Family Caregivers

Apr 2, 2023 | Family Caregiving, Money Matters

Reading Time: 5 minutesAs a family caregiver, you went into the job knowing it would take much of your time, but you may not have expected it to take quite so much of your money. Did you know the average family caregiver spends about $7,200 a year on household,...
Tax Help for Family Caregivers

Tax Help for Family Caregivers

Mar 28, 2023 | Family Caregiving, Money Matters

Reading Time: 2 minutesLearn about free Tax Help for Family Caregivers in North Texas.  IRS’s Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) Offers free basic tax return preparation to qualified individuals. The TCE program...
How Much Does Family Caregiving Cost?

How Much Does Family Caregiving Cost?

Mar 27, 2023 | Family Caregiving, Money Matters

Reading Time: 4 minutesThe cost of Family Caregiving exceeds $7,200 a Year on Out-of-Pocket Costs The nation’s 48 million unpaid family caregivers are not only dedicating their time and efforts to the well-being of their loved ones — most of them are spending...
Do older adults have to pay income tax?

Do older adults have to pay income tax?

Mar 8, 2023 | Money Matters

Reading Time: 2 minutesDo older adults have to pay income tax when filing their 2022 tax return? There is no age at which you no longer have to submit a tax return and most senior citizens do need to file taxes every year. However, if Social Security is a...
Caregivers Pay a High Price

Caregivers Pay a High Price

Jan 31, 2023 | Family Caregiving, Money Matters

Reading Time: 4 minutesCaregiving in the US depletes incomes, job opportunities, and future retirement payments as family members struggle financially in order to “do what’s right.” Nearly 50 million people, most of them working, provide an average of 24 hours a week...