The Credit For Caring Act, a new bipartisan legislation act will put money in the hands of almost 50 million Americans who serve as caregivers for family members. The Credit for Caring Act was announced last month by Senators Shelley Capito, R- West Virginia, and Michael Bennet, D-Colorado To be eligible under the Credit … Read more
The recently approved Oklahoma Caring for Caregivers Act could award hundreds of Americans up to $3,000 in tax credits. Lawmakers advise eligible people to save their receipts to use the new bill’s funding. The legislation, intended to help caregivers of elderly relatives, targets those who require financial aid for home upgrades for health or mobility. … Read more
OKLAHOMA CITY (KOKH) – With the passage of the Caring for Caregivers Act this month, Oklahoma will become the first state in the country to implement a broad caregiver tax credit. The Bill Provides Tax Credits To Family Caregivers To Keep Loved Ones At Home The law goes into effect on January 1, 2024. House … Read more