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Tax Treatment of Adoption Expenses
Oleh:
Pippin, Sonja
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 209 no. 4 (Apr. 2010)
,
page 44.
Topik:
Tax Treatment
;
Adoption Expense Credit
;
Economic Growth and Tax Relief Reconciliation Act (EGTRRA)
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.28
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Of the family-related “life events” with significant implications for taxes, adoption of a child ranks among the potentially most expensive. Most readers of Adoptive Families who answered the magazine’s request to report the costs of a completed adoption gave figures between $25,000 and $30,000 (tinyurl.com/yjxlvre). International adoptions tend to be more expensive than domestic ones. Although at this writing, international child welfare agencies are cautioning against overestimating the prospects for U.S. adoptions of orphans from the Jan. 12 earthquake in Haiti, it appears possible more families than before could be seeking information about foreign adoptions as a result and may ask their tax advisers about tax implications.
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