Adoption Tax Credit Saved for 2013 and is now Permanent.….

January 2, 2013

As you may seen in the last few weeks if you watched any news coverage, the so called “Fiscal Cliff” Bill that finally passed in Congress and was signed by the President today, did include a provision making the Adoption Tax Credit a permanent part of the Internal Revenue Code – so adoptive families will […]

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News on Adoption Tax Credit Extension Beyond 2012

September 24, 2012

As I have posted in this blog in the past, the present law that allows for a very favorable Adoption Tax Credit is due to expire by the end of this year.  Although there seems to be bi-partisan support in Congress for the extension of this tax law in some form, it has not yet […]

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Adoption Tax Credit for 2011 and 2012

November 30, 2011

As the end of the year approaches, those families who have adopted a child in 2011 should be mindful of the need to have all of their documents ready for use in filing their tax returns to claim the Adoption Tax Credit.  Under present tax law, 2011 is the last year that the Adoption Tax […]

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Expanded Adoption Tax Credit – New Rules

February 23, 2011

Now Refundable.  As I posted some time ago, the adoption credit is now a “refundable” one, meaning that you may be able to claim it even if you owe no tax, for qualified adoption expenses that first became allowable in 2010 and for adoptions finalized in 2010.  Also, and Adoption Tax Credit balanced that were […]

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National Adoption Month Proclamation

November 3, 2010

As I noted above, November is deemed National Adoption month each year by the President.  I think it’s worthwhile to read the Presdient’s offical proclamation and it is set out in full below.  Many children in state foster care are in need of families and services through no fault of their own.  There are many ways to […]

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National Adoption Day Event for 2010

September 10, 2010

November is traditionally declared to be National Adoption Month each year by the President of the United States, and National Adoption Day this year will be November 20th.  To commemorate this annual celebration of adoption, the courts make special arrangments in all states and set as many final adoption hearings as possible on the preceding day.  This year, Friday […]

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New Changes to the Federal Adoption Tax Credit

March 31, 2010

The new Health Care Bill recently signed into law by President Obama includes some important changes to federal law relating to the Adoption Tax Credit.  The former law that allowed for the Adoption Credit was enacted some 10 years ago and had what is known as a “sunset clause” — which meant that the law […]

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Want to know more about adoption options ?

March 3, 2010

Mark Demaray periodically teaches a class at local Community Colleges entitled “The Adoption Option”.  The goal of this class helps attendees understand the different types of adoption available and provides an overview of services in Washington state, as well as nationally and internationally, to help one decide if adoption is right for them and their families and if so, what […]

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Proposed Change to Surrogacy Law in Washington State

February 3, 2010

The 2010 Washington State Legislature is now in Session and one of the Bills proposed would change Washington law to allow a surrogacy arrangement in which compensation could be paid to a surrogate — a practice which is not allowed and a crime under present state law.   The Bill is House Bill 2793.   If you have an […]

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Update on Adoption Tax Credit

December 1, 2009

This past week, the Adoption Tax Relief Guarantee Act, Senate Bill 2816, was introduced in the U.S. Senate by Senators Jim Bunning (R‑Kentucky) and Ben Nelson (D‑Nebraska). The aim of this Bill is to repeal the “sunset” or ending of the Adoption Tax Credit and Adoption Assistance Programs that were part of the Economic Growth […]

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