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Top Credit For Caring - For Caregivers, By Caregivers News

Rising Cost of Care – The Credit for Caring Act in One Big Beautiful Bill Act

Senate · United States

Rising Cost of Care – The Credit for Caring Act in One Big Beautiful Bill Act

Pass The Credit for Caring Act in One Big Beautiful Bill ActThe USA House and Senate’s federal budget reconciliation process is underway. Family caregivers deserve to tax credit like the child tax credit. There are over 50 million American unpaid family caregivers struggling to care for disabled and elder family and friends. We need the Credit for Caring tax credit to help us continue to afford to care for our loved ones. HR 2036 and SB 925 ar…Read Article

Piggy Banks are Empty Caregiver Tax Credit is Urgent

Piggy Banks are Empty, Caregiver Tax Credit is UrgentAlmost a decade ago, AARP research group estimated that caregivers spend on average, $7,000 out of their own pocket on a loved one’s care. That was before COVID. Let that sink in. Honestly, today’s caregivers can’t afford a piggy bank. They are living on robbing retirement accounts, credit card debt, line of credit, and/or multiple mortgages on the only solid(?) asset they possess. We need a f…United States · United States Read Article

Family caregivers need the help federal and state tax credits can offer: Jenny Carlson

100% Center coverage: 1 sources

Giving help to family caregivers via federal and state legislators tax credits will have a profound impact on the well-being of families, the strength of the economy, and the overall health of our communities. By honoring and uplifting family caregiving, we can create a stronger, more compassionate community for everyone, writes guest columnist Jenny Carlson, the AARP Ohio director and a family caregiver.Cancer · Oklahoma City See the Story

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