On January 2nd, 2013, Congress passed legislation that, among other things, made the Adoption Tax Credit permanent. Unlike in the recent past, however, the credit is no longer fully refundable. To read more visit NACAC (the North American Council on Adoptable Children) or the IRS. There is also a website called Save The Adoption Tax Credit which has information regarding the recent legislative changes.
Leave a Reply
You must be logged in to post a comment.