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Monday, December 20, 2010

Adoption Tax Credit Update

Last Friday, December 17th, the Adoption Tax Credit was extended to go through December 31st, 2012.  The refundability of the credit still ends December 31st, 2011. For 2012, the credit will be the old adoption credit, with adjustment for inflation.

Adopting is very pricey, and it looks like Congress is trying to help where they can.  This is great news for all of our adoptive families!

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