I always cringe when I'm asked to explain the adoption tax credit and usually manage to muddle my way through it with a "but please please ask your accountant to explain it to you" at the end!
You may have heard that the tax credit has been extended and that it has been improved. Great news for all of you starting your adoption journey this year!
For the best explanation I have read of the Adoption Tax Credit CLICK HERE!! and read an article written by attorney John Hine and adoption expert Laura Beauvais-Godwin.
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