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Adoption.com News
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When Sharing Taxes Might Not Be a Good Idea
Many tax-cutting credits and deductions are forfeited. You can't take the earned-income credit, claim adoption expenses or child and dependent-care costs, use educational tax credits or even deduct the interest you paid on a student loan if you're married and filing separately.
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Russian Media Reports Possible Halt of U.S. Adoptions
Moscow Times proclaims that U.S. adoptions may be in jeopardy, and that has many families fearing they may have to start the process all over -
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Gov. Corbett's 'Fostering Connections' Proposal Can Benefit Pennsylvania's Foster Youth and Taxpayers - PR Newswire - sacbee.com
Gov Corbett's proposal encourages more adoptions or legal guardianship by giving additional subsidies for foster kids between the ages of 18 and 21. This would be a significant advantage for kids who would normally age out of the system.
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Adoption Tax Credit Awareness Day
This article provides information, forms and other useful information needed in order to fully take advantage of the adoption tax credits available to those who have adopted children in the year 2011. Make sure you take a few moments to check this one out. This is one news feature you won't want to miss.
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The $13,000 adoption tax credit is back!
An adoption tax credit that brought huge refunds to many unsuspecting families last year is back.
Taxpayers can claim up to $13,360 for each child they have adopted in the past six years on their 2011 tax returns this year -- an increase of $190 from last year.
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