Latest News

2009 Adoption Tax Credit

For 2009, the maximum adoption credit has increased to $12,150. Also, the maximum exclusion from income for benefits under your employer's adoption assistance program has increased to $12,150.

–excerpted from the IRS website at:
http://www.irs.gov/formspubs/article/0,,id=177982,00.html

For complete information on the Adoption Credit, with links to the forms you need to file, go to:  http://www.irs.gov/taxtopics/tc607.html

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November is National Adoption Month! Read the president's proclamation.

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U.S. Ratifies the Hague Convention

As of December 12, 2007, the United States is a full member of the Hague Convention on Intercountry Adoption. This international adoption agreement is set to go into effect in the U.S. on April 1, 2008. After that date, all adoption between the U.S. and other Hague counties, including China, Guatemala, India and Thailand, must be completed in accordance with the treaty. Adoptions from countries that haven’t joined the Hague Convention, such as Ethiopia and South Korea, will continue as before. For more about this process, visit www.adoptivefamilies.com/hague.