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What’s New to the Federal Adoption Tax Credit for 2018

Now that 2019 is officially underway, it is time for families who finalized their adoptions in 2018 to take advantage of the 2018 Federal Adoption Tax Credit. Prospective adoptive parents can find information about the Federal Adoption Tax Credit on the IRS website. Basically, this provision allows adopting parents to take a tax credit for […]

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The IRS Announces 2017 Federal Adoption Tax Credit

  The IRS announced the maximum tax credit for 2017. Prospective adoptive parents can find information about the Federal Adoption Tax Credit on the IRS website. Basically, this provision allows adopting parents to take a tax credit for “qualified expenses” to adopt a child. “Qualified adoption expenses” are reasonable and necessary adoption fees, court costs […]

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Adoption Law

The IRS Announces 2016 Federal Adoption Tax Credit

On November 2, 2015, the IRS announced the maximum tax credit for 2016. Prospective adoptive parents can find information about the Federal Adoption Tax Credit at the IRS website. Basically, this provision allows adopting parents to take a tax credit for “qualified expenses” to adopt a child. “Qualified adoption expenses” are reasonable and necessary adoption […]

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