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12Jan, 18

By Angel Simpson, Attorney You love him! I mean, what is there not to love? He is delightfully eccentric, has never been married, wears lederhosen to family funerals and brings his own Peppermint Schnapps to holiday functions. But is he the best choice of caregiver for your child/ren? No way! Choosing a legal guardian for ... more

5Jan, 18

Adopting a child from another state requires strict adherence to the Interstate Compact on the Placement of Children (ICPC) guidelines. The stress and added expense of adopting from another state can be overwhelming. Nevertheless, there are ways you can plan ahead so that an interstate adoption is less stressful and less expensive. One of the ... more

2Nov, 17

As we expected, the Republican tax plan, released today, eliminates the Adoption Tax Credit. Here is the section by section text discussing eliminating the ATC: Sec. 1102. Repeal of nonrefundable credits. Current law: Under current law, certain individuals who are over the age of 65 or who have retired on disability before the end of the ... more

20Oct, 17
Adoption Tax Credit

The IRS has released information regarding the amount of the adoption tax credit for 2018 and the Modified Adjusted Gross Income (MAGI) amounts for the phase out yesterday. Assuming the Adoption Tax Credit survives the tax cuts, the maximum credit for 2018 will be $13,840 per child.  The credit will begin to phase out for ... more

13Jun, 17

On Monday, June 12, the House Appropriations Subcommittee on Military Construction, Veterans Affairs and Related Agencies held a markup to debate and potentially amend and rewrite the 2018 Military Construction and Veterans Affairs and Appropriations bill. The bill, which determines funding for military training and equipment, also finances veterans’ benefits and program — including a ... more

20Jun, 16

By taking advantage of the federal adoption tax credit, US Military benefits and employer advantages, thousands of American families are eligible and receive financial benefits each year for the cost associated with an adoption. Here’s a quick breakdown of those three methods: Federal Adoption Tax Credit The federal adoption tax credit (FATC) allows a monetary ... more