CWLA
has joined the Adoption Tax Credit Working Group, a national
collaboration of organizations and individuals promoting adoption by
advocating for the adoption tax credit. This single issue group is
focused on the credit, because it is an important resource for helping
children find forever families and make adoption affordable for all.
This new collaboration is joining together around four principles for reauthorizing a strong adoption tax credit.
- It
should be inclusive of all forms of adoptions, including adoptions from
foster care, inter-country adoptions, and private domestic adoptions.
- It should also be a permanent part of the tax code.
- It should be refundable so that low-income families can benefit.
- Finally,
the credit should be “flat” for special needs adoptions, so that
families adopting children with special are not required to document
adoption expenses, recognizing expenses that occur over time.
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