Navigation Links
An Act of Love Adoptions Notifies Families About Congressional Vote to Extend Adoption Tax Credit
Date:1/28/2013

Salt Lake City, UT (PRWEB) January 28, 2013

The adoption community is elated about the recent passing of the American Taxpayer Relief Act. The bill was signed into law on January 2, 2013. With President Obama’s signature, the provision permanently extends the adoption tax credit, which was instituted during the Bush administration.

The new law permanently extends the Bush-era enhancements for special needs adoption and non-special needs adoption, while allowing an adoption credit and income exclusion for reimbursed adoption expenses or employer-paid expenses up to $10,000.00.

A family whose income is less than $150,000 will receive the full credit and the credit will be phased out for those in higher income brackets. The current projected limit for 2013 will be $12,770. With the adoption credit now firmly in place, many adoptive families can take advantage of this tax credit making it much less of a financial burden for families who choose to provide loving, permanent homes for children.

The adoption process can be a long, drawn out procedure with many expenses such as attorney’s fees, adoption agency fees, medical expenses and court costs, among others. These types of large expenses can sometimes prevent families from adopting.

According to Megan Lindsey of the National Council for Adoption, “Congress is to be commended for remembering children and families as a priority. The adoption tax credit is an important layer of support for families who adopt. The credit helps ensure children find their way to safe, stable, loving, and permanent families.”

Megan Lindsey went on to say that everyone was grateful to Congress, the Obama administration, and the many advocates who supported the Save the Adoption Tax Credit effort. Because of their tireless efforts, the law was passed that will help to ensure that children who need good homes will be able to find them.

A Act of Love Adoption agency offers a number of services along with excellent support during the entire adoption procedure. Birth parents typically have access to many helpful programs, such as residential complexes to live in and living expenses. They also offer a range of services to families thinking about adopting a child. A Act of Love understands that the adoption process can be very stressful, and counselors and staff are on hand to help.

About A Act of Love Adoptions
A Act of Love was founded by Kathy Kunkel who adopted 8 of her 10 children in 1993. Act of Love started in Kathy’s home and has since grown to become one of the leading national adoption agencies in the country. The agency is known for its special treatment and attention given to birth mothers and adoptive families. Birth mothers enjoy special treatment from the caring staff and adoptive families normally do not have to wait as long to find their new addition to the family.

Read the full story at http://www.prweb.com/releases/aactoflove/adoptions/prweb10353110.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. A Act of Love Adoptions Releases New Video on its Website
2. For highly educated women, families are an increasingly popular option
3. More Families Seek Kidney Donations on Facebook
4. Mesothelioma Victims Center Now Offers All Families Dealing With A Mesothelioma Diagnosis The Names Of The Best Mesothelioma Attorneys-No Other Group Offers this Service
5. Children with trisomy 13 and 18 and their families are happy
6. Fainting Might Run in Families, Twin Study Finds
7. Some Families May Have Natural Protection Against Dementia
8. Researchers highlight treatment, research needs for homeless families
9. Legacy bead program helps children and their families cope with life-threatening illnesses
10. Keller Williams Realty and Harvest Food & Outreach Center to Provide 500 Christmas Meals for Area’s Needy Families
11. Semi Truck Accident Victims Center Urges Innocent Victims Of A Semi Truck Accident In California Or Their Families To Call Them First-For An Enequaled Service
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/24/2017)... ... February 24, 2017 , ... Rosica ... in thought leadership , media relations, social media, content marketing and SEO, ... be powered through Act-On, an intuitive marketing automation platform. , Rosica will now ...
(Date:2/23/2017)... ... 23, 2017 , ... On February 22, 2017 the U.S. ... to withdraw previous guidance issued by the Obama Administration requiring schools to treat ... 2016 by the Obama Administration came in response to a growing number of ...
(Date:2/23/2017)... , ... February 23, 2017 , ... The American Cleft ... ACPA’s 74th Annual Meeting. KLS is a longtime supporter of the event. , ... exhibitor and Platinum Sponsor," said Dr. Bob Havlik, 2017 ACPA President. "KLS Martin has ...
(Date:2/23/2017)... ... February 23, 2017 , ... EBSCO Information Services ... Institute for Health and Care Excellence (NICE) framework. The agreement allows purchasers ... (NHS) to search, order and purchase medical and healthcare-related content through GOBI ...
(Date:2/23/2017)... ... , ... ERT, a global data and technology company that ... leading clinical development service provider, has selected ERT’s Trial Oversight suite as its ... to an array of circumstances including the use of multiple data capture modalities ...
Breaking Medicine News(10 mins):
(Date:2/24/2017)... DUBLIN , Feb 24, 2017 Research ... Drugs Price Analysis and Strategies - 2016" report to their ... The ... provides drug pricing data and benchmarks in the global Urinary Incontinence ... What are the key drugs marketed for Urinary Incontinence ...
(Date:2/23/2017)... -- Cogentix Medical, Inc. (NASDAQ: CGNT), a medical device company ... the urology market, will release financial results for the ... before the market open on Thursday, March 9, 2017. ... call and webcast to discuss its financial results the ... a.m. Eastern Time (10:00 a.m. Central Time). Darin ...
(Date:2/23/2017)... 23, 2017 Research and Markets has announced ... Strategies - 2016" report to their offering. ... The latest research Oesophageal Cancer ... and benchmarks in the global Oesophageal Cancer market. The ... are the key drugs marketed for Oesophageal Cancer and their clinical ...
Breaking Medicine Technology: