Saturday, May 2, 2009

Show and Tell

As of now there is an adoption tax credit set in place by the federal government. Any adoption whether international or domestic allows the adoptive parents a tax credit of nearly $12,000 in 2008. A reader on my blog informed me that the tax credit is only in place until 2010. We need to advocate to get the tax credit extended in order to help potential adoptive parents the ability to afford the costly endeavor of adoption. If you read my previous post, the average cost of any adoption whether domestic or international costs between $25,0000 and $35,000. The tax credit lifts some of the financial burden and for some people gives them the possibility of affording adoption when they otherwise would not be able to.

Here is the comment cut and pasted. Please do what you can to help to get this essential tax credit extended. It is often the saving grace for those looking to adopt. Without this credit hundreds of thousasnd of people may choose not to adopt, and because of this the possiblity remains that hundred of thousands of children will remain orphans, in the US and across the globe.

From Melissa-

Thank you for this and for all you do. One thing I learned yesterday is that the federal adoption tax credit is set to expire in 2010. Unless Congress votes to continue it, but this bill is currently languishing in committee where bills go to die. Below is something from my friend's blog (I'm not linking b/c right now I'm trying to keep my RL and blogging life separate):The Adoption Tax Relief Guarantee Act of 2009, H.R. 213 will keep the adoption tax credit from being repealed, and *may* make the tax relief measure permanent.
It only takes a few minutes to email or call your senators and congressmen it's important for them to hear from families impacted by the tax credit.Currently, there are 76 State Senators and Representatives cosponsoring H.R. 213. However, there are 16 states that currently have no sponsors of this bill, including eight on the East Coast* (one of the largest areas of the US with internationally adopted children). H.R. 213 is currently in committee, where most bills die.
It imperative that adoptive families, and all friends of children waiting for families, act now. Find out which of your congress members support the bill .
It only takes a few minutes to write, call, or email your representatives and ask them to support H.R. 213. If they are already a cosponsor, please take this opportunity to thank them for supporting this important piece of legislation. Do it today!

Email Your

Email Your Senator:

Go to Mel's for more Show and Tell


Candice said...

Thanks for posting that!

Anonymous said...

Thanks for informing us. As someone who has been considering adoption as a potential affordable option (because of the tax credit) I will definitely be advocating for keeping the credit.

WiseGuy said...

Thanks for the information...keep up the good work!

Lori said...

Good to know!

Cara said...

I always chuckle at the tax credits and their time stipulations. For example - in 2006 and 2007 there was energy tax credits, so we did alot more replacing of windows, inulation etc in 2008...but no - no credit this year, yet there will be in 09.

So - thanks for the heads up - and I hope it will be extended.

Liv said...

Good job Erica! I wrote my congressman a letter thanking him for his support of HR 213. Since my congressman is already supporting the bill I thought I'd throw another issue out there for good measure!! I asked for additional support of insurance coverage for infertility treatments.

Kristin said...

Great cause...hope they extend the tax credit.

Beautiful Mess said...

This a great cause! I think a tax credit is important! Keep up the good work, hon!

michelle said...

that is great information.....thanks....


Missy said...

Thanks for posting this and spreading the word!


Related Posts with Thumbnails