Connect with us

Hi, what are you looking for?

OMD NewsOMD News

Finance

$5,000 Tax Credits for Caregivers in Michigan – Check More!

Governor Whitmer Proposes $5,000 Tax Credits for Family Caregivers in Michigan

Government’s $5,000 Tax Credits Assistance for Family Caregivers Gains Momentum Nationwide

According to the posted article by The Conversation, in Michigan Governor Gretchen Whitmer wants to give a $5,000 tax credits to Americans who take care of elderly or disabled family members. The $5,000 tax credits is part of a bigger trend in the country to help families who look after their loved ones. Many Americans believe it’s the family’s job to take care of older relatives but they also think the government should help with the costs.

READ ALSO: California Tax Credits Plan – Boost For Iowa’s Factory Farms Amid Clean Energy Debate!

$5,000 Tax Credits for Caregivers in Michigan – Check More! (PHOTO: Nebraska Examiner)

Strain of Caregiving Costs Spurs Michigan‘s Innovative $5,000 Tax Credits Support Plan

Taking care of someone can be expensive. In Michigan caregivers spend over $7,000 a year on average. Some spend even more if the person they’re caring for has a serious illness like dementia because federal programs don’t do much to help with these costs states like Michigan are making their own rules. Whitmer‘s plan is to give caregivers $5,000 tax credits for things like counseling, transportation and a break from caregiving. Lots of Americans support ideas like Whitmer‘s $5,000 tax credits because they know caregiving can be tough and with more and more older people needing care it’s important to have ways to help their families. States and the federal government are looking at different ways to help caregivers but the main goal is to make sure families get the support they need.

READ ALSO: Kansas City Shepherd Center Advocates For Missouri Property Tax Credit Update To Aid Vulnerable Seniors And Disabled Adults – Check It Now!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Finance

There is finally an update on 4th stimulus check for Social Security Recipients! Individuals who receive Social Security benefits can expect to receive a...

Military

The attack using 14 military choppers that Russian President Vladimir Putin planned was destroyed by Ukraine using US-supplied long-range tactical missiles. Russian President Vladimir...

Finance

The Biden administration has announced recently that it plans to increase the monthly payments of seniors and veterans to $2,000. $2,000 in Monthly Payments...

Finance

In Texas, this September the SNAP payments will end, worth up to $1,691, on Friday. The household income determines eligibility. A single-person household must earn more than...