Hidden Tax Gift Local Families Don’t Know About

The economic downturn has made life even more of a struggle for the millions of folks caring for elderly loved ones. They’re working longer hours, paying higher gas and medical bills and struggling to find the money and time to care for aging loved ones. However, this tax season, Uncle Sam gives you a gift if you’re caring for an elderly loved one – a tax break many local families don’t even know about. “One fourth of the families in this country are caring for elderly loved ones and they’re not aware of a tax law that allows you to write-off some of the expense,” says Peter Ross, CEO of Senior Helpers, a leading provider of in-home senior care. “Whether you’re providing that care yourself, or you’ve hired a caregiver, you should take advantage of the tax breaks that are a true gift in these troubled economic times. If you don’t qualify for the tax breaks, there are other ways to cut costs every family should know about.”