The topic that we receive the most questions about is the Adoption Tax Credit, and we hope this post will go a long way in answering everyone’s questions. The podcast, which is posted below the infograph, features Mark Tronconi, who is a Partner at Tronconi Segarra and Associates. Mark is a CPA and Adoption Tax Credit expert.
The infograph can be downloaded as a PDF and breaks down the tax credit to its simplest form if you finalize in 2011, 2012 or 2013. As it stands right now 2012 is the final year for the Adoption Tax Credit, unless you are participating in a special needs adoption. However Mark says in the podcast that there is still a possibility that this will change and the tax credit could be extended past 2012. Adoption STAR will keep everyone up-to-date on this information as the year progresses.