No, that is just like chld support. The money isn't meant to be an income to the foster parents, it is meant to raise the children.
Yes, travel reimbursement can be taxable depending on the circumstances. If the reimbursement is for personal travel or exceeds the allowable IRS limits, it may be considered taxable income.
No it is not considered taxable. As long as the reimbursement meets the current IRS standards, it is not considered income.
Yes, business travel reimbursement can be taxable if it exceeds the allowable IRS limits and is not properly documented.
No, that is not an income or salary. That is like child support for the foster child and should cover the expenses for that child.
That would depend on the jurisdiction where you live.
Depends on the situation and reason the child goes into foster care but usually the biological parents have to pay the state and the state pay the foster family.
Private foster care companies in Kentucky typically pay foster parents between $25 to $30 per day per child, depending on the child's age and specific needs. Additionally, foster parents may receive reimbursement for expenses related to the child's care, such as clothing, food, and medical costs. Compensation can vary between agencies and may also be influenced by the child's special needs or circumstances.
Foster parents typically receive their reimbursement checks for foster children around the beginning of each month. The exact timing can vary by state or agency, but payments are often issued shortly after the start of the month for the previous month's care. It's important for foster parents to stay in communication with their agency to understand specific payment schedules and any potential delays.
Both boys and girls are in foster care.
There is nothing that you can do if your girlfriend is in foster care. She will get out of foster care at 18.
Lots of people have adopted from foster care.
In Michigan, foster care reimbursement rates vary based on the child's age and needs. As of recent updates, the monthly payment can range from approximately $600 to over $1,000 per child, with additional funds available for special needs or medical expenses. Foster parents may also receive support for daycare and other necessary services. It's essential for prospective foster parents to check with local agencies for the most current rates and available resources.