Thursday, February 9, 2012

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Adoption Tax Credits

by taxnick on November 24, 2008

Adoption credit. The credit allowed for an adoption of a child with special needs is $11,390 and the maximum credit allowed for other adoptions is the amount of qualified adoption expenses up to $11,390. The credit begins to phase out if you have modified adjusted gross income of $170,820 or more and is completely [...]

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Bailout With A Price: Chapter 11 Bankruptcy

by taxnick on November 20, 2008

Bailout With A Price: Ohio Chapter 11 Bankruptcy
Mention a corporate bailout in the nation’s capital these days and chances are someone will offer a harsh condition to go along with it. Chapter 11 bankruptcy.
Lately, the term “prepackaged bankruptcy” has been gaining currency in the halls of Congress as lawmakers struggle with pleas for help from [...]

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