Wednesday, July 25, 2012

Save the Adoption Tax Credit

Both Adam and I (Daphne included) would like to take a moment out of your busy day and ask if you would please contact your Congressmen/women and Senators (BOTH Republican and Democrat) to help us reach legislators across the country to protect and extend the adoption tax credit and encourage the right of every child to grow up safe and loved in a family of their own.

Here is the link to locate your Senator:

http://www.senate.gov/general/contact_information/senators_cfm.cfm

Here is the link to locate your Representative (Congressman/woman):

http://www.house.gov/representatives/

One way that adoption is affordable to many families is through the adoption tax credit. This tax credit provides a refund to families who provide proof of a finalized adoption on their taxes up to the amount of $12,650. Families can then take this refund and pay off any debts that they took out to pay for their adoption fees and costs. This adoption tax credit is our lifeline. But it’s being threatened.

The adoption tax credit is set to expire on December 31, 2012. As it’s set right now, the credit will be lowered to a maximum of only $6,000 in 2013, and will only be available to a few adoptive families {those who adopted special needs or waiting children}. This means adoption will be even harder to attain for many families who might otherwise consider it.

I simply cannot stress enough just how important this tax credit is to parents who adopt. There are thousands of families who could not even consider adoption without the aid of this tax credit. Adoption costs are sky-rocketing, and there is no end in sight. Even the $12,000 doesn’t cover the entire costs of the most affordable adoption, but it certainly helps. Please consider taking the time to contact your representative. And if you already have - THANK YOU!

Here is the website for Save The Adoption Tax Credit    http://adoptiontaxcredit.org/advocate/
(You can also 'like' them on face book!)
 

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