There was a flyer on the bulletin board at work this morning about the HAPPY Act: Humanity and Pets Partnered Through the Years. This is a bill that seeks to allow pet owners a tax exemption for pet care expenses. H.R. 3501 seeks to amend Internal Revenue Service codes to allow a deduction of up to $3500 per year for qualified pet care expenses. This doesn’t include livestock — the bill only covers domesticated household pets and does not include animals used for business or research purposes. What inspired this? The bill mentions two key facts: A 2007-2008 survey of … Continue reading →