9/25/12

Save the Adoption Tax Credit

The Adoption Tax credit is due to expire at the end of this year.  It will not help us or any other waiting family unless it is extended because we will not finalize this year (obviously).  This current bill is for those that had expenses and finalize this year and the past several years. I urge you to call or write our Representatives to extend the Adoption Tax credit!.



Exciting News!

There are now bills in both the House (HR 4373) and the Senate (S 3616) that would accomplish the goal of an adoption tax credit that is inclusive, flat for special needs adoptions, refundable and permanent. We encourage you to ask your Representative to co-sponsor HR 4373 and both your Senators to co-sponsor S 3616.
Please note that the adoption tax credit is likely to be included in a package of other tax credits, which we expect to be considered by Congress after the election in November. Having more members of Congress signed on as co-sponsors of these bills will help ensure an inclusive, flat, refundable, and permanent adoption tax credit is part of the broader tax negotiation.
 
Here is a link to a wonderful website to help do that: http://adoptiontaxcredit.org/

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