AdoptionBlogger.Com

New Federal Adoption Incentives (to replace exisiting incentives expiring 9-30-08)

congress is seeking to renew (expiring 9-30-08) and expand adoption incentives.

http://www.cqpolitics.com/wmspage.cfm?docID=cqmidday-000002953357

Tax Benefits re: Domestic Adoption vs. Foreign Adoption

discusses potential for greater tax benefits for domestic v. foreign adoption.

http://www.usatoday.com/money/perfi/columnist/block/2008-08-18-adoption-credit_N.htm?csp=34

see also:

http://www.poughkeepsiejournal.com/apps/pbcs.dll/article?AID=/20080908/BUSINESS/809080312

Ohio: State Income Tax Adoption Credit Tripled to $1500

State of Ohio tripled adoption tax credit to $1,500.

http://www.peoplesdefender.com/main.asp?SectionID=3&SubSectionID=3&ArticleID=125242&TM=46886.26

Congressman Joe Wilson

Hearing sought by Congressman Joe Wilson to make permanent the $10,000 child adoption tax credit which is set to expire in 2010.

http://campaignsandelections.com/sc/releases/index.cfm?ID=658

Legislation Introduced to Increase Adoption Credit

House Bill (H.R. 1561) introduced April 15, 2005 to increase max adoption credit from $10,000 to $15,000 for certain adoptions.    http://www.govtrack.us/congress/bill.xpd?bill=h109-1561

Temporary ID Number for U.S. Tax Returns

Direct your accountant to:  http://www.irs.gov/pub/irs-pdf/fw7a.pdf

Adoption Credit

For information on the adoption tax credit, direct your accountant to:  http://www.irs.gov/taxtopics/tc607.html.

Also see:  http://www.bankrate.com/yho/itax/tips/20010314a.asp