Robert H. Klima, P.C.
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Building Families Through Adoption for Over 30 Years

April 2015 Archives

The Adoption Tax Credit

The adoption tax credit is a bipartisan credit that has existed since 1997.  It advances an important public goal by encouraging domestic and international adoptions, expecially for children with special needs who otherwise might linger in costly foster care.  by offsetting some of the costs of adoption or of caring for a child with special needs, the tax credit makes adoption a more viable option for many children and families.  This credit is currently at risk because efforts at comprehensive tax reform have targeted it for elimination.

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