Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
Parents who adopt a child can get a $13,460 tax credit Clients in the process of adopting or planning to get started should not miss the opportunity to claim a relatively generous federal income tax credit, according to MarketWatch. Adopting one child this year entitles clients to a $13,460 tax credit and $26,920 for two. Except for the adoption of a special-needs child, the credit amount equals the lesser of a client's qualifying adoption expenses or the credit cap. -- MarketWatch
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