Thursday, April 15, 2010

Thank You Taxpayers!!

While gov't engineered re-distrubution of wealth is not something that thrills my heart, it trills at the NEW** refundable ADOPTION tax credit. It just got extended until the end of 2011 and increased from $12,170 to $13,170. (Thank you Jason Kovacs -- ABBA Fund -- for the update!!)

USA Today’s brief analysis:

“Taxpayers who adopt children: Effective in 2010, the bill makes the adoption credit refundable, increases the credit by $1,000 and extends the increased adoption credit through 2011.” [HT: R. Austin Wilkerson, Wilkerson Legal PLLC]

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