Last week, House Republicans unveiled the “Tax Cuts and Jobs Act,” a 429-page overhaul to the country’s current tax code. One of the casualties in the current bill is the one-time Federal Adoption Tax Credit – $13,570 per child –… Read More
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Understanding the Federal Adoption Tax Credit
If you have considered adoption, you are probably well aware that the process can be rather expensive. According to the Child Welfare Information Gateway, a U.S. government-funded adoption information service, the average U.S. adoption costs between $8,000 and $40,000. Fortunately,… Read More