Starting at 5:00 p.m. on Friday, March 20, 2020, our office will be closed to the public. Team members can be reached by phone or email Monday through Friday from 8:00 a.m. to 5:00 p.m. In addition, beginning Thursday, March 26, 2020, and continuing through the two week Stay at Home order, the lobby doors to our building will be locked down.

Adopting a Child? Bring Home Tax Savings with Your Bundle of Joy

If you’re adopting a child, or you adopted one this year, there may be significant tax benefits available to offset the expenses. For 2019, adoptive parents may be able to claim a nonrefundable credit against their federal tax for up to $14,080 of “qualified adoption expenses” for each adopted child. (This amount is increasing to $14,300 for 2020.) The credit allowable for 2019 is phased out for taxpayers with adjusted gross income (AGI) of $211,160 ($214,520 for 2020). It is eliminated when AGI reaches $251,160 for 2019 ($254,520 for 2020). We can help ensure that you meet all the requirements to get the full benefit of the tax savings available to adoptive parents.