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!
One of the first questions many families have during the adoption process is associated with its cost: How much income do you have to make to be able to adopt a child?
Adoption can be expensive, for many reasons. That is why many families turn to fundraising to help with the costs.
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.
What are the different benefits you can receive from your employer if you adopt a child? Benefits will vary, but here are three types you might expect.
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!
Share these 10 creative ways to finance your adoption costs with someone who’s in the process of adopting!