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Credit for Caring Act

From Mark G. Enderle, CPA:

Yesterday, a bipartisan bill titled the Credit for Caring Act was introduced in the House of Representatives (H.R. 4708).  If passed, the bill would provide a credit for working families of a portion of their expenses in caring for an aging parent or other qualifying relative who requires long-term care.  For those that have been there, as I have, this would have been a welcome relief.  Hope this gets traction.

 

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