Why the GOP's Tax Plan Is Bad News for Anyone Who Plans to Adopt

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Why the GOP's Tax Plan Is Bad News for Anyone Who Plans to Adopt
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The adoption tax credit, which allowed us to recoup more than $13,000 of the fees, played a big role in making it affordable for us to grow our family. We were also lucky to get some help from our employers --a few thousand dollars from each toward our expenses. When we adopted, we were able to receive that help tax free. But the Tax Cuts and Jobs bill, as written, would remove the $13,000 tax credit and also tax the adoption benefits from employers, decreasing its impact and its ability to help make adoption affordable for all but the wealthiest families.

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