Friday, March 12, 2010
Adoption Tax Credit expires in 2011
Hi there, PBC followers.
I wanted to share a quick piece of information and call to action regarding the Adoption Tax Credit.
The Adoption Tax Credit covers some (or all) of the expenses related to adopting a child. The credit has been at its current level ($10,000 plus inflation adjustment) for the past 10 years. Unfortunately, this credit is scheduled to expire in 2011.
There is legislation in both the House (H.R. 213, the Adoption Tax Relief Guarantee of 2009) and Senate (S.2816) to extend this credit. Unfortunately, all of the current political upheaval has stalled many bills that are supported by both sides of the aisle.
If you can, we at PBC would ask you to call your senator and/or representative, and ask them to support the extension of the Adoption Tax Credit. If we all ask nicely, maybe they can get something done out there :)
House of Representatives Link:
https://writerep.house.gov/writerep/welcome.shtml
Senate Link:
http://www.senate.gov/general/contact_information/senators_cfm.cfm
-- The PBC Team
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Good news! It appears that the Adoption Tax Credit has been extended!
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