Becoming a parent through adoption can be exciting, and you may be eligible for an adoption tax credit in 2023 if you adopt. Learn more here.
Tax season is upon us — which means many of our adoptive families are wondering what the Adoption Tax Credit is and how it might benefit them. To help you out, we’ve gathered some basic information about the 2018 adoption tax credit below. Happy filing!
As the tax reform bills enter a conference committee, make your voice heard to help preserve the current tax breaks for employer-provided adoption benefits.
Pressure from constituents like you has led lawmakers to reinstate the adoption tax credit in the new tax reform bill. Take the time to thank your representatives today!
The Republicans’ new tax plan will eliminate the federal adoption tax credit. Contact your representative today to change this and help other adoptive families.
Do you know if your state offers a separate adoption tax credit or reduction? Find out here and, if they don’t, contact your representative today.
The Federal Adoption Tax Credit is vulnerable and may be eliminated as part of tax reform — and we need your help to save it!
Now that 2014 has come to a close, many families will begin to prepare their finances for tax season. As you do, don’t forget to look into the Federal Adoption Tax Credit.
For 2014, the maximum adoption tax credit is $13,190 for all qualifying adoption expenses. …