Brand new national guidelines that improves tax credits and exclusions for many adoptive families ended up being passed in June, 2001.
Brand new national guidelines that improves tax credits and exclusions for many adoptive families ended up being passed in June, 2001. The Hope for Children Act (people Law 107-16), that took impact on January 1, 2001, provides an adoption tax credit of $10,000 for every adoptions from 2002 and thereafter, and a tax exclusion all the way to $10,000 for…read more →