The Adoption Tax Credit, a credit for middle-income Americans to help offset their costs associated with adopting a child, could be gone.
MCLEAN, Va. (PRWEB) November 02, 2017
The legislation unveiled in the House Republicans’ Tax Reform Proposal includes elimination of the Adoption Tax Credit. Since 1997, the Adoption Tax Credit has been a permanent part of the U.S. Tax Code and has enabled those who adopt a child to recover some of the costs up to $13,000.
“RESOLVE and its advocates are outraged at this action,” said Barbara Collura, President / CEO, RESOLVE: The National Infertility Association. “The Adoption Tax Credit, a credit for middle-income Americans to help offset their costs associated with adopting a child, could be gone.”
RESOLVE has actively defended the Adoption Tax Credit, and its advocates are committed to fighting the Tax Reform’s Proposal to eliminate the Adoption Tax Credit.
“RESOLVE advocates have been talking about the importance of the Adoption Tax Credit with their Members of Congress for years,” continued Collura. “Each year hundreds of RESOLVE advocates meet in Washington, DC to advocate for this credit. The financial relief provided by the ATC has made adoption possible – it’s as simple as that. RESOLVE will fight hard to do everything we can to save the Adoption Tax Credit.”
RESOLVE is a member of the Save the Adoption Tax Credit Working Group, a national collaboration of organizations and individuals united to support adoption by advocating for the adoption tax credit. To learn more, visit AdoptionTaxCredit.org.
RESOLVE: The National Infertility Association is a national nonprofit patient advocacy organization. One in eight U.S. couples of childbearing age has trouble conceiving or carrying a pregnancy to term. Founded in 1974, RESOLVE provides free support groups in more than 200 communities; is the leading patient advocacy voice; and serves as the go-to organization for anyone challenged in their family building. For more information, visit http://www.RESOLVE.org.