If you adopt a child in 2019 you may be eligible for the adoption tax credit. There are many details regarding this credit and they are outlined in our this article that focuses on concerns like maximum credit, credit carryover, and foreign and domestic adoptions. 

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If you are considering adoption or any other major life change, there will most likely be tax implications that your CPA at Sharrard, McGee & Co., PA can help you plan for so that you minimize any increase in liability. Call us in High Point at (336) 884-0410 or in Greensboro at (336) 272-9777.