Adoption Tax Credit

Today I learned that the federal tax credit available to adoptive parents, will sunset at the end of this year. While it will not deter us, it was a disappointment as we hoped to use the tax credit to help offset some of the expenses. The average cost to adopt is any where from $25k-$35k or more, currently for 2011 families are eligible for a maximum of $13,170 as a tax credit, which is still sometimes less than half!!! So, what does all this mean and how can you help? Today I signed a petition to extend the tax credit for 2012 and 2013 which will directly affect our adoption...add your name to mine at www.change.org/petitions/make-adoption-costs-fully-refundable-in-the-2012-2013-tax-years  also there is more info about a bill being presented to make the tax credit permanent, and who to contact if you live in one of the states currently supporting the writing of the bill.  I can't tell you what a blessing this can be to us and so many other adoptive parents out there.