Tuesday, April 17, 2012
Help Save the Adoption Tax Credit!
As you are probably well aware by this point...international adoption is EXPENSIVE (between $25-$35K) and often cost is the major barrier keeping people from pursuing it. The federal tax credit has been a big help for many families, who often use the refund to adopt again in the following year! YAY!!! Well - 2012 is the last year that the adoption tax credit is being made fully available and we need help to see that it continues. From a fellow adoptive parent:
In 2013 the tax credit will be a maximum of $6,000 for parents adopting children with special needs. There will be no adoption tax credit available for all other adoptive parents beginning in tax year 2013.
We need everyone to sign this petition at
http://www.change.org/petitions/make-adoption-costs-fully-refundable-in-the-2012-2013-tax-years
Additionally, there is a bill in Congress trying to get passed and if it goes through there will be a PERMANENT tax credit put in place.
Please consider taking a moment to sign the petition linked above. There are currently 25,000+ signatures on it...with a whole bunch more needed! Signing the petition takes about a minute, at the most. A small amount of time to lend a hand to the orphan crisis.
Please consider Facebooking, blogging and emailing friends and family asking them to join in. Feel free to link to this post. It doesn't matter if you have adopted, are adopting or hope to adopt....your help is still needed!
There are 163,000,000 reasons why signing the petition and praying for favor is a must!
Thank you sweet friends! And on behalf of the 163,000,000 orphans whose families will find them, thank you as well!
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