Elder Care Planning

Finally… Worry-Free Financial Management & Elder Care Planning for Your Aging Parent or Family Member.

The financial aspects of elder care planning for an aging parent or family member are often more than most individuals can take on. When day-to-day tasks–bill paying, balancing a checkbook, or responding to an emergency need such as home repairs or emergency medical expenses–become more than your loved one can handle, you can rest assured knowing that our elder care planning experts are here to take care of these things for you and for them.

We become a member of YOUR team, helping you to look out for the best interests of your loved one, and we report to you every step of the way.

Our services span the entire gap of financial needs and elder care planning–everything from day-to-day managing of the checkbook and general bill-paying services to preparing an inventory of personal assets and investments.

Feel free to ask us about our services in…

Personal bookkeeping; including household bill payment, budgeting and records management.

Managing income receipts, deposits and disbursements.

Offering assistance and advice for dealing with unexpected household financial issues and emergencies.

Coordinating day-to-day financial transactions such as repair services, maintenance and medical expenses.

Identifying retirement needs and goals, as well as managing retirement account disbursements.

Help monitoring investment portfolios and working in conjunction with investment advisors to maintain assets.

Organizing and reviewing personal, financial, and legal documents to help assess what remains to be addressed.

Analyzing income and expenses to determine long-term financial goals and needs.

Providing answers to questions about social security, pensions, Medicare, insurance benefits and other concerns regarding elder well-being.

Tax preparation, filing, gifts, and estate taxes and planning services.

Referrals and connections to local service agencies and assistance services.

It doesn’t matter if your loved one simply needs a little assistance to remain independent or substantial help managing their finances as they age, we provide elder care planning services to cover the whole spectrum of elder needs.

Let Us Help:

Calculating Crypto Taxes Simplified For Colorado Springs Investors

Quick Answer: Crypto taxes are calculated by subtracting your cost basis from your gross proceeds for each taxable sale, swap, or purchase made with cryptocurrency. The IRS treats crypto as property, so selling crypto, trading one token for another, or earning...

How the Secure 2.0 Act Changes Beneficiary IRS Tax Rules For Your Colorado Springs Heirs

Quick Answer: Under the SECURE 2.0 beneficiary IRA tax rules, most non-spouse heirs must fully liquidate an inherited IRA within 10 years, with many also facing mandatory annual required minimum distributions (RMDs) if you pass away after age 73. Because the...

Who Can Claim the American Opportunity Tax Credit? Guidance for Colorado Springs Parents

Quick Answer: The American Opportunity Tax Credit (AOTC) must be claimed by whoever legally lists the student as a dependent on their federal tax return. If a parent claims the undergraduate, the parent gets the credit; if the student is independent, they claim...

Do You Get Better Tax Breaks For Being Married, Colorado Springs Couples?

Key TakeawaysMost married couples lower their tax liability by choosing the Married Filing Jointly status, which preserves access to deductions that separate filers lose. When there is a significant income gap between partners, combining earnings on a joint...

2026 Guide to Short-Term Rental Taxes for Colorado Springs Airbnb & VRBO Hosts

Key TakeawaysYou do not have to pay federal income tax on rental earnings if you rent your home for 14 days or fewer per year and use it personally for more than 14 days (or 10% of the rental period). You will only receive a Form 1099-K if you exceed $20,000 in...

Do You Have to Pay Taxes On Sports Betting? What Colorado Springs Bettors Need To Know

Key TakeawaysThe IRS considers all sports betting payouts as ordinary income, regardless of the amount or whether you received a tax form. For the 2026 tax year, you can only deduct 90% of your gambling losses against your winnings, even if you ended the year...

The Colorado Springs Taxpayer’s Guide: How Do I Calculate My Federal Tax Withholding?

Key TakeawaysA large refund is an interest-free loan to the government, while a big bill suggests you are at risk for IRS underpayment penalties. Updating your Form W-4 by late April allows you to spread adjustments across the majority of the year, minimizing the...

How Does Self-Employment Tax Work For Colorado Springs Taxpayers Leaving Their 9-to-5?

Key TakeawaysAs a W-2 employee, you pay half of Social Security and Medicare tax through withholding. As a self-employed taxpayer, you pay both halves through self-employment tax. Self-employment tax is 15.3% of your adjusted net earnings, and you also pay...

Your Tax Pro’s Guide To Spring Cleaning Your Tax Reduction Strategy

Key Takeaways Use your 2025 return as a diagnostic tool to calculate your real tax percentage and identify specific areas for AGI reduction. Use the post-tax season window to calibrate your withholding or estimated payments. IRS limits have increased for 401(k)s...

Can an ABLE Account Help Colorado Springs Families with Qualified Disability Expenses?

Key Takeaways ABLE accounts let you save and invest tax-free for disability-related expenses. Up to $100,000 in an ABLE account is excluded from Supplemental Security Income (SSI) resource limits, and Medicaid eligibility continues beyond that. Withdrawals are...

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!