Did you know that the Health care Reform Law has been Expanded the Adoption Tax Credit?
What does this mean for Adopting Families?
It means that the amount of credit was increased to 13,170. The best part of this is that it will be Refunded to you! Because the adoption tax credit will be refundable, families who have smaller tax liability will now be able to benefit from the credit for adoptions finalized in 2010 & 2011. This information was given to me at an Adoption non-profit that i volunteer at. They said that many people do not know about this information.
Note* Refundable is the most important word. It means that receipts/documentation of
expenses are not necessary. it means that the parents do not need to owe the govt $ to get a
tax credit for it. It means that no matter if/how much the parents owe the govt(even if it is $0)
they will get a credit refund of $13,170.
Public law 111-148 the Patient Protection & Affordable Care act was signed into law on March
23, 2010 section 10909 of the act extended the adoption tax credit for one more year to Dec.
31, 2011.
Please Please -let everyone you know that is Adopting this year or next about this. I would so Love to see Adoptive Families to get this well deserved refund.
Sunday, August 22, 2010
Are you Adoping this year or Next?
Posted by tracy hanson at 4:01 PM 7 comments
Monday, August 16, 2010
And the Winner is....
Tina of korandascalledtolove.blogspot.com is the winner of the Awesome T-shirt!
Congrats to you Girl!
Posted by tracy hanson at 7:03 AM 1 comments
Thursday, August 5, 2010
Another Great Giveaway!!!
Erica and her Family are Adopting from Africa. They are one of the Families I am supporting
with profits from my Etsy. They are selling these Amazingly Great T-Shirts and I am giving one
away!
The Scoop:
Go to her Wonderful Blog and say Hello and that you want to be entered for the Giveaway.
I will draw a Happy Winner on August 15th!!!
Posted by tracy hanson at 3:15 PM 4 comments
Monday, August 2, 2010
Giveaway Winner!!!
Melissa picked Christi for the $150.00 gift certificate to my site.
I picked Jenn as in so very Fruitful- to win one of my handmade Bracelets!!!
Congrats to both of you Guys!!!
Posted by tracy hanson at 8:22 AM 2 comments
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