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Category: Adoption

Adoption Tax Credit for 2023

Fri 19 Nov, 2021 / by / Adoption

The IRS has announced the Adoption Tax Credit for 2023. It will apply to any adoption finalizing (meaning when the Judgment of Adoption is entered) in calendar year 2023. The maximum credit is $15,950 per child. As in prior years, special needs (i.e. foster care) adoptions automatically get the full …

Preparing for the journey to adoption

Sat 28 Apr, 2018 / by / Adoption

Many people in Illinois may find themselves in the position of contemplating adoption as a means by which they can fulfill their dreams of parenthood. For a single parent or a same-sex couple, adoption offers them a path to creating a family that they would not otherwise have via what …