Caregivers Sinking Due to Economic Crisis

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.

Share This Story, Choose Your Platform!

About the author : Monica Stynchula

Credit for Caring: Your Modern DIY Aging in Place Feeling overwhelmed? We've got you! Expert tips, safety products, & innovative solutions for solo agers, families, and communities. Personalized plans, must-have resources, & a supportive community await. Save big & simplify caregiving: Creditforcaring.com