Sharon Hilton did a good job posting this information on Adoptionvoices.com I just borrowed her post and reposted it here. Thanks Sharon!
It is, at best, misleading to simply say that the Adoption Tax Credit is going away this year. Yes, the current credit that is available to families who adopt will be expiring at the end of 2010, so there is a possibility that there will not be a tax credit available for adoptions that are final in 2011 and beyond. However, my first thought on reading that the credit was going away was that the bill to keep the credit available must have been voted on and rejected. This is not the case. There is a bill (H. R. 213) proposed to repeal the sunset (expiration) on the credit to make it available beyond 2010.
This is a good opportunity to find out if your representatives support this bill and to contact those that have not yet signed on as cosponsors. With the magnitude of the placement and matching fees charged by agencies and facilitators, many hopeful adoptive families will be unable to fund an adoption without the availability of this tax credit.
(Courtesy of Mrs. R. View full blog post here)
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I've started a Web site to share tips on how people can easily write to their representatives and senators. It also provides links to updates on the bill - http://adoptiontaxcredit.wetpaint.com/
Please feel free to add to it and share any other tips or updates you have. Thanks!
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