
Caregivers Sinking Due to Economic Crisis
The cost of care is skyrocketing. And the burden is shifting away from insurance payments onto the consumers who can least afford the increases. Without a system wide overhaul to address the financial stress, the next best approach are tax credits. Twenty-three states have caregiver tax credits active now however each state is taking a different approach. The federal Credit for Caring Act for a national fair tax credit is ready for passage. Learn more about what this means for your care. The tax credit can be a benefit for the seniors who provide and/or need care.