After the House Republicans’ November 2, 2017 tax reform proposal threatened to eliminate the Adoption Tax Credit, it has been reinstated by Committee. Learn about this vital credit and steps to enhance its benefits for children and families.
The Dave Thomas Foundation for Adoption released its eleventh annual 100 Best Adoption-Friendly Workplaces list, recognizing companies that offer adoption benefits.
Each year, Adoptive Families polls newly formed families across the country to get actual information on the cost and length of time it took them to complete their adoptions. We are grateful to every one of you who took our most recent Adoption Cost & Timing Survey.
View the replay of the “Adoption Tax Credit Webinar” with Becky Wilmoth, EA, for an overview of the credit—what is covered, what is not, how the guidelines differ for families that adopt internationally vs. domestically or from U.S. foster care, and how and when to file for it.
Each year, the IRS adjusts tax provisions to account for inflation. Learn about changes to the adoption tax credit for tax year 2017.
Check out the average cost ranges for donor egg, donor embryo, and surrogacy, and see how they compare to adoption.
What is an adoption assistance program?
Are all children from foster care considered “special needs,” and, therefore, eligible for the full adoption tax credit?
For working people who want to adopt, the need to take time off without pay may put adoption beyond your financial means.
Each year, Adoptive Families polls newly formed families across the country to get actual information on the cost and length of time it took those families to complete their adoptions. We are grateful to every one of you who took our most recent Cost & Timing of Adoption Survey.
You saved and scrimped for your adoption. Now, you’re raising a child on one income.
I found that I couldn’t exclude my adoption reimbursement from my income on my taxes because my employer’s program is not “qualified.” Do I have any recourse?
All adoptions, wherever from and via whatever method, include a home study, the process where a social worker checks that you are eligible to adopt. After that, budget items vary.
There are enough sources of financial support for adoption so that you can, in all likelihood, get your costs down to a manageable figure.
Well, it varies! As a general rule, foster-care adoptions cost less than private or international adoptions. Learn the hidden costs and types of payments that are illegal.
There’s no way around it — expanding your family is expensive. Can the federal adoption tax credit help?
View the replay of the webinar “Adoption Costs,” with Denise M. Bierly, Esq., and Sue Orban to learn about domestic, foster, and international adoption costs and funding strategies.
Efforts are underway to make the adoption tax credit refundable, and available to lower income families with the 2015 Adoption Tax Credit Refundability Act.
Ready to build your family? Get started today by learning about your options, then search our directories to find your agency or team of professionals.
Every year more American families include a child adopted from another part of the world.