The federal Indian Child Welfare Act (“ICWA”) is an important law that needs to be considered and evaluated in every domestic adoption. The ICWA was passed by the United States Congress more than 30 years ago and is codified in 25 U.S.C. 1901 et seq. California codified ICWA in its Family Code and Welfare and …Read More about What You Should Know About The Federal “Indian…
Legal
The 2024 Federal Adoption Tax Credit
There is great news for prospective adoptive parents! For 2024, the federal adoption tax credit is $16,810. The amazing thing about this tax credit is that it is not a deduction that reduces your income for purposes of determining your tax liability. Rather, it is a tax refund that is based on a dollar for …Read More about The 2024 Federal Adoption Tax Credit
Can You Explain Employer Adoption Benefit Programs and…
Answer: In an effort to offer competitive employee benefits, more and more companies are implementing employee adoption benefit programs. Employee adoption benefits are paid by private employers to help their employees adopt. It is not uncommon to have an employer reimburse between $10,000 – $25,000 to employees who adopt domestically. Be sure to ask the …Read More about Can You Explain Employer Adoption Benefit Programs and…