Adoption 101: The Adoption Tax Credit [Infographic]
Some adoptive families find that adopting a child can put a strain on family finances, so many families rely on the federal adoption tax credit to help offset some of their adoption expenses. What is the Federal
The Federal Adoption Tax Credit: How Does it Work?
An adoption law expert outlines how adoptive families may be able to deduct adoption expenses using the federal adoption tax credit, started in 1996.
IRS Adoption Tax Credit Tips
Raising a kid is costly, but for adoptive parents, the IRS offers a big tax break.
Tips on claiming the adoption tax credit
Parents can claim a tax credit that covers some adoption expenses. To get that tax credit, however, you need to keep close track of the adoption process. The exact year you can claim your expenses depends on several factors, including when the expenses were paid, when the adoption was finalized, and
Top Ten Adoption Tax Credit Facts to Consider
IRS Tax Tip 2017-34, March 22, 2017 Taxpayers who have adopted or tried to adopt a child in 2016 may qualify for a tax credit. Here are ten important things about the adoption credit The Credit. The credit is nonrefundable, which may reduce taxes owed to zero. If the credit exceeds the tax owed, there is no refund of the additional amount. In addition, if an employer helped pay for the adoption through a written qualified adoption assistance program, that amount may…
How can the Adoption Tax Credit Benefit You?
Knowing what you’re entitled to is the first step toward making sure you take the right steps in getting your adoption tax credit for 2018!
10 Facts about the Adoption Tax Credit
If you adopt a child in 2019, you may qualify for a tax credit, and if your employer helped pay for the costs of an adoption, you may be able to exclude some of your income from tax. Here are ten facts you should know about the Adoption Tax Credit 1. Credit or Exclusion. The credit is nonrefundable. This means that the credit may reduce your tax to zero. If the credit is more than your tax, you can’t get any additional amount…
Your State Adoption Tax Credit — and How You Can Protect It
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.
What is a Tax-Credit Scholarship?
Tax-credit scholarships, sometimes called scholarship tax credits, are different from other school choice programs, such as school vouchers. What sets them a...
Indiana's Top Adoption Attorneys
Steve Kirsh has practiced adoption law in Indiana for 35 years and has changed the face of adoption. He has shaped Indiana adoption law since the early 90s.
The Low-Income Housing Tax Credit
About “Strengthen What’s Working” “Strengthen What’s Working,” a new video from the Affordable Housing Tax Credit Coalition, explores the Low-Income Housing ...
Adoption? How do I "give up" my baby for adoption?
Depending on how you came across this blog you may be intrigued or even offended. Please trust me that it is not my intention to offend. I am just using this opportunity to prove how offensive this is. The truth of the matter is that in speaking with hundreds of people looking to place a …
How to Afford Adoption
How to Afford Adoption. Money saving ideas, grants, tax credits, adoption resources, and even how to adopt for FREE to help in your adoption journey!
Earned Income Tax Credit: What is it and who Qualifies
Learn more about the Earned Income Tax credit (EITC) and if you qualify. For more free personal finance educational materials check out our blog at: n...
The New Markets Tax Credit: How it Works
An animation describing how the New Markets Tax Credit revitalizes low income communities by financing businesses, community facilities, and economic develop...
Why I Chose Foster Adoption
As long as it is done ethically, I am pro-adoption of all kinds. I believe there’s too much fuss ove...
Adoption 101: The Adoption Process [Infographics]
To help kick off National Adoption Month, we're going to take it back to the basics of adoption this week with a series of Adoption 101 posts. Today, we'll start at the beginning with the
Amazing Grace Adoptions
Amazing Grace Adoptions is a nonprofit, licensed adoption agency located in Raleigh, North Carolina. We provide a variety of services to those involved in th...
The Top 30 Questions About Adoption
Our adoption expert gathered a list of questions about adoption circumstances that adoptees most want to know about themselves and their birth families.
New Markets Tax Credits 101
Wednesday, May 03, 2017 at 02:00 PM Pacific Daylight Time.