The Adoption Tax Credit was included in the last-minute legislation passed to prevent the "fiscal cliff" but it falls short of what many had hoped for. The tax credit was initially conceived to help support foster care adoptions. Many families who adopt from foster care are relatives, foster parents or families of modest financial means [...]
This Thursday, October 4, 2012, a webinar will be held to discuss the Adoption Tax Credit. From the webinar description: In this webinar you will gain an understanding about the goals of our advocacy efforts, as well as the history of this credits existence, an overview of the legislative changes, the difference between a refundable [...]
The North American Council on Adoptable Children has created a helpful information sheet to declare today, Monday, February 13, 2012, Adoption Tax Credit Awareness Day. The adoption tax credit was first implemented in 2003 as a tool to help adoptive parents that had adopted children with special needs from the foster care system. For more [...]
We're making a change - our weekly news round-ups will now be on Fridays. Instead, today I'd like to highlight information and resources about the Adoption Tax Credit available to families that adopt. As the end of 2011 fast approaches, adoptive parents may not be aware of the adoption tax credit they are eligible to [...]