by 卡塔尔世界杯常规比赛时间 research
individual tax returns often turn up a need for eldercare for a client or a client’s relatives.
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often younger family members in distant cities need support for older relatives in your area – and not just health care. preparing a tax return may also uncover difficulties that senior citizens are having.
here are 10 services you can offer on a retainer basis after tax season has passed.
- daily money management: timely bill payment with an eye for unnecessary or fraudulent bills. reconciliation of bank accounts. tracking expenses. monitoring for signs of financial exploitation or fraud. report to distant family members.
- medical expense organization: organize and track medical bills and insurance claims. review health care statements to ensure accuracy. assist with medicare, medicaid and other insurance filings. maybe even accompany patient to medical appointments. report to family.
- estate and trust administration support: manage trusts and estates. coordinate with attorneys on estate planning and administration. maintain records for executors or trustees. file paperwork with state authorities.
- budgeting and cash flow management: help create a sustainable budget based on needs, income and extras. manage monthly income (e.g., social security, pensions) and expenses. monitor for financial adjustments for long-term care needs.
- liaison with family members: act as a neutral party to communicate financial and health care updates. provide families with regular reports on financial transactions and other activities. help, as a neutral mediator, to resolve disputes related to eldercare and even family finances.
- tax filing assistance: ensure all tax-related paperwork is in order for tax preparer or irs inquiry. identify tax-deductible expenses. assist family caregivers with tax matters, such as dependent deductions.
- fraud prevention and detection: monitor transactions, withdrawals, etc. for unusual account activity or unauthorized transactions. educate seniors and their families about common scams. set up alert systems on financial accounts for suspicious activity. analyze all bills. maybe, with family’s permission, monitor email activity for signs of scams.
- documentation and record-keeping: organize and digitize personal and legal documents (e.g., wills, medical records). create easy-to-access files for emergencies and share with appropriate people. maintain records of caregiving expenses for tax or reimbursement purposes.
- coordinating with other professionals: work with family, attorneys, financial advisors and health care providers to ensure a cohesive eldercare plan. identify reputable care facilities or in-home care providers. advise on power of attorney or guardianship transitions. informally monitor senior client for evidence of abuse or neglect.
- transition and downsizing support: assist with financial downsizing, such as selling a home or managing the move to a senior living facility. advise on the sale or donation of assets. help with logistical planning for life transitions.
eldercare is a little different from standard accounting services. it ensures that people are handled with compassion and competence, and it can rightfully include a degree of emotional support. some of these services can be handled by less experienced staff. it’s a good training ground for other services your firm offers. it’s also very satisfying to be helping people with day-to-day tasks that are hard for them but simple for professionals with a financial or accounting background.