Geriatric Nurse Practitioner, Congresswoman Kiggans, Emphasizes the Importance of Recognizing Family Caregivers’ Efforts
Jen Kiggans Supports H.R. 7165 Credit for Caring Act: A Tax Credit for Family Caregivers
According to Cape Charles Mirror, in an effort to recognize and support the tireless work of family caregivers, Congresswoman Jen Kiggans from Virginia’s 2nd District has announced her cosponsorship of the bipartisan H.R. 7165 Credit for Caring Act. Introduced by Congressman Mike Carey in the U.S. House and Senator Michael Bennett in the U.S. Senate, the bill aims to establish a tax credit for eligible individuals who spend their personal funds on long-term care services for their family members.
Congresswoman Kiggans, a geriatric nurse practitioner, emphasized the immense dedication and sacrifices made by family caregivers in prioritizing the health of their loved ones. She believes the Credit for Caring Act offers a valuable solution for those who invest their own money in long-term care services for family members.
Tax Incentives for Family Caregivers to Ease Financial Burdens – Kiggans’ Innovative Plan!(PHOTO: getty image)
The Credit for Caring Act: A Potential Financial Aid for 48 Million Family Caregivers in the U.S.
The Credit for Caring Act could greatly help many people, as about 48 million Americans take care of their family members like parents and spouses. They spend around $7,200 each year on various care-related costs. This bill proposes a tax credit, which is like a reduction in the amount of taxes they have to pay. The credit can be up to $5,000 and will change as prices increase. It will only apply if the caregiving expenses are more than $2,000. With the help of other important lawmakers, this bill has the potential to make life easier financially for millions of dedicated caregivers across the United States.
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