Many of you our parents have adopted children. With that in mind I am forwarding on some information that came across my desk from the National Council for Adoption. Here is the information:

Adoption Tax Credit News from the IRS

On behalf of the Internal Revune Service, you are invited to join the Adoption Tax Credit Phone Forum on Friday, March, 23, 2012, at 1:00 pm EDT.

What is the objective? To help families who have adopted children get the refundable adoption tax credit they deserve.

Many taxpayers claiming the expanded adoption credit are not attaching the required documents to their paper tax returns. By participating in this call, the IRS will ensure that you are aware of the proper documentation necessary for you to receive your refund as a result of this important tax credit.

During the phone forum, they will discuss:

• Legislative Action
• Requirements for claiming the credit
• Qualified Adoption Expenses
• Types of Adoptions
• Adoption Credit Audits
• Changes on the Horizon
• How you can help eligible taxpayers claim the credit
• Resources on IRS.gov to answer your questions

Please join in on Friday, March, 23, 2012, at 1:00 pm EDT to learn more about this important tax benefit for families.

To call in, please dial 1-866-606-4717 and use Access Code 7962786

Writer James Truslow Adams was the first to coin the term "American Dream," writing in 1931 that it was "that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement." As noted in the initial blog a few months ago the recent events in our nation and the impact these events have had on the “American Dream” are requiring families to take a hard look at their finances. This is especially true when it is determined that their child needs residential treatment. Families are understandably anxious and tenuous in regard to their financial security and future. CALO continues to search for ways to help families by finding and securing outside full or partial funding sources.

Recent additions to our efforts include the following: 

CALO also works hard to help families secure all or partial reimbursement from their private health insurance provider. Families have had success in both areas while enrolled at CALO. 

While outside funding sources require an extensive amount of paperwork, time, and energy, the effort is more than worth it to support our current families and to provide a treatment option for families that otherwise would not be able to utilize CALO for their child.  

Please feel free to contact Nicole Fuglsang, Admissions Director for questions about potential funding supports in your area.