Saturday, December 25, 2010
December 25th, 2010
Sunday, September 26, 2010
September 26, 2010
Thursday, September 9, 2010
September 9th, 2010
Wednesday, September 1, 2010
September 1st, 2010
Sunday, July 4, 2010
July 4th, 2010
Friday, April 9, 2010
April 9th, 2010
While it may not be a permanent tax credit, and it also may have been hidden in a seemingly un-related bill, the adoption tax credit *has* been extended another year. Hooray for small victories! See story below….
http://www.dispatch.com/live/content/local_news/stories/2010/04/09/adoption-credit-expanded.html
Low- and middle-income families who adopt children don’t have to miss out on a big tax break any longer.
If they don’t pay enough in taxes to allow for the credit for adoption-related expenses, the federal government will send them the difference in a refund. The credit tops out at $13,170.
That snippet of tax reform is part of the 2,000-page health-care law signed last month, and adoption advocates want to make sure prospective parents know about it.
“It’s been kind of buried in this huge thing,” said Mark McDermott, a Washington lawyer and member of the American Academy of Adoption Attorneys. “But it’s a big deal for families.”
The new provision replaces and expands the adoption tax credit that was to expire in December. While the old law allowed a credit of up to $12,170 for both international and domestic adoption expenses, it offered less to low-income families, who might not earn enough to owe much tax.
They also tend to be the ones who adopt through the child-welfare system.
“It’s good news for foster-care adoption,” said Rita Soronen, executive director of the Dave Thomas Foundation for Adoption. “This is something really significant that families will be able to take advantage of.”
Critics had charged that the 12-year-old law, whose original intent was to promote the adoption of children languishing in the U.S. foster-care system, disproportionately benefited foreign and domestic private adoptions by higher-income families.
One researcher found that, in 2005, more than 80 percent of $355 million in adoption tax credits were taken on behalf of private adoptions. About 17 percent of the tax benefits received went to families adopting through the public foster-care system.
“Now, we’re going to be able to get those families a cash refund,” said Susan Garner Eisenman, an Upper Arlington adoption lawyer.
The law is in effect through 2011 and applies to adoptions this year and next.
International adoptions generally are the most expensive on the front end, with some families spending as much as $40,000 on travel, paperwork and other requirements.
Foster-care adoptions rarely cost more than $2,500 for paperwork and home studies, which sometimes are paid by agencies.
But that doesn’t mean families don’t incur expenses with former foster children, most of whom are considered special-needs adoptions, Eisenman said. Under the law, only certain expenses are allowed, but families don’t have to document them if the adoption is of a special-needs child.
For higher-income families, the full credit is available for incomes up to $182,520, McDermott said. Beyond that, the amount of the credit decreases as income rises until it hits zero for those making $222,520 or more.
Soronen said the challenge is making sure families know about the law. One report found that, in 2004, a credit was claimed for just 21percent of foster-care adoptions.
“Very, very few of the folks taking advantage were adopting through the foster system,” she said. “This will, I hope, help them.”
Sunday, March 14, 2010
March 14th, 2010
We received our ‘invitations’ to be fingerprinted in Friday’s mail - not a bad turn around time! Dare we hope that all of the processing of our I-800a form goes this well?
In the meantime, we have to start the process of going to the various counties in Ohio to get our notaries certified by the clerk of courts in the county of said notaries - a requirement for the apostille. Lucky for us, that is only 3 counties, and we live in one. Unlucky for us, the furthest one away has very limited information on their website concerning doing this. Still, gotta love a challenge…
Monday, March 1, 2010
March 1st, 2010
We received a letter from the government today stating that they have received our I-800a application - hooray! Alas, the personal information (Mike’s birthday) is wrong. Let the fun begin!
Trying to follow the instructions on how to rectify this, Mike called the USCIS customer service number. Perhaps it is from our call center work experience, but the experience failed to impress. However, after much time spent in prompter menus and two humans later, it was established that he needed to call a different number.
He called that number, spoke to a woman who knew what he was talking about (the prior number had never heard of the application), but advised that she couldn’t do anything about the error because the actual application hadn’t made it to her yet. After I mistakenly sent the application to Chicago, it was sent to Texas for processing. From there, it is apparently sent to Missouri, which is the actual location of the home office for adoption stuff.
We were just too on top of things, it seems. But, all is well, the application is at least received and making the rounds. Hopefully we can get the information corrected and get our fingerprint appointments soon!
Monday, February 22, 2010
February 22nd, 2010
Sent our I-800A form off on Saturday. Wouldn’t you know it, I figured out today that the address we were supposed to send it to has changed? I should have checked earlier, I suppose, but I had just checked it when we started putting the form and paperwork together back in December. It will be forwarded, but I’m still kicking myself on that one.
Haven’t received our letter back from the FBI yet, but that is supposed to take 8-10 weeks, so we need to be patient on that one as well. I’m starting to realize that I don’t like all of this waiting. I know, I know, we’ll have to get used to it, and there are even bigger waits ahead of us, so this should be good practice, right? Riiiight…
In the meantime, we have a few more bits of paperwork to gather for our dossier: new letters of employment and also some paperwork about our finances and house. We’re getting down to the last of it, though - hooray!
Sunday, January 17, 2010
January 17th, 2010
Finally! We got the final home study sent to us about a week ago, but we found a couple of typos, one which contained false information, so we had to send it back. New revised ones should be here this week I hope. Found out from our insurance company that they will not cover the STD and AIDS tests that we need to have done for Bulgaria, so looks like that is gonna cost us. Initial numbers look like 600 dollars plus for all the tests. Our adoption agency also wants psychological exams done, which are NOT required by Bulgaria, so we are going to question that, as once again, our insurance will not pay for them. I envision the tests being like the screening questions for replicants in Bladerunner…and I am afraid that I will say something stupid on the Rorschach ink blot tests ![]()
Waiting another paycheck or two and we will have the cash set aside for the US government forms, and then that ball will start to roll.
Wish us luck!