A Tax Deduction For Pet Care Expenses?
You probably missed this one!
Last month, House Bill 3501 was introduced into the United States House of Representatives.
The Humanity and Pets Partnered Through the Years (HAPPY) Act, introduced by Congressman Thaddeus McCotter, of Michigan would amend the Internal Revenue Code to allow individuals to deduct up to $3,500 per year, for "qualified pet care expenses.”
The Bill applies to all legally owned, domesticated, live animals.
The Bill also provides that Congress finds, “According to the 2007-2008 National Pet Owners Survey, 63 percent of United States households own a pet. The Human-Animal Bond has been shown to have positive effects upon people’s emotional and physical well-being."
We all spend a lot of money on our pets.
We all could use a tax break.
Call you Representatives and Senators and tell them to back this bill.
http://www.pettrustlawblog.com/admin/trackback/156784