Parents need to be fully informed about all of the tax deductions and credits available to them.
Anyone familiar with our blog knows that we share lots of information regarding the adoption tax credit, as many of our Adoption STAR adoptive families are able to take advantage of this credit.
However, there are a host of potential options to review and consider when parents are preparing to file their taxes. International Adoption Coordinator Meg Montgomery recently shared a very thorough article addressing this very topic, and we wanted to share it with all of you.
It’s a March 15, 2016 article that appeared in U.S. News and World Report. The article itself is entitled, “Top Tax Deductions and Credits If You Have Children and Dependents,” and it was written by Lisa Greene-Lewis.
You will find a link to the article here: Top Tax Deductions and Credits If You Have Children or Dependents