Cost of In Home Care

The recently released Genworth Cost of Care Survey for 2018 shows that assisted living communities are outpacing all other options in the rising cost of care. Nationally, the cost for assisted living is up 3.8% annually per year since 2014, or 67% total increase, with short supply of available rooms and a tight labor market as the underlying reasons....

Making home care tax deductible is a top priority for many clients and families who are struggling with the high cost of quality, legally compliant in home services. In a presentation to home care professionals sponsored by CAHSAH on February 28, 2018, Doug Mueller, President of Mueller Prost, asserted that the Tax Cuts and Jobs Act of 2017 succeeds in making home care tax deductible for many households, if certain criteria are met....