International Adoption Still a Good Option

BY MELANIE POWELL, CPA

Regarding special-needs and international adoptions being easier than domestic adoptions (“Tax Treatment of Adoption Expenses,” April 2010, page 44): I am a CPA who adopted an 8-month-old baby from Vietnam in 2007. I started the process (the first visit to the adoption agency) in November of 2006. By Aug. 8, 2007, I was in Vietnam, holding my new daughter. The only problem I ran into was in April of 2007: I was offered a baby girl instead of the baby boy I had originally requested. Although, now, of course, I’m so glad I have a girl! The point is the adoption went extremely smoothly, without any glitches. Unfortunately, Vietnam is now closed for adoption, but hopefully they will open back up in the future. In the JofA article, I regard the statement regarding international and special-needs adoptions being faster than domestic adoptions as a fairly accurate statement. Of course, there are always exceptions. It is common knowledge by parents trying now to adopt internationally that wait times are getting longer and requirements are getting stricter than in the past. It is true that waits for China can take years. But international adoption is a great option, especially for single parents like me, who find it harder to adopt domestically.

 

Melanie Powell, CPA

The Woodlands, Texas

More from the JofA:

 

 Find us on Facebook      Follow us on Twitter

 

SPONSORED REPORT

Keeping client information safe in an age of scams and security threats

A look at the Dirty Dozen tax scams and ways to protect taxpayer information.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: IRS enforcement, a hot job, and audit value

The IRS’s 2016 Data Book, a “hot job” of particular interest at this time of year, and insight into how executive and audit committees view the insights from financial statement audits received attention recently. See how much you know with this short quiz.