2014 Gala…a great success!
Bienvenidos would like to send out a big thank you to everyone who attended our hope is… Bienvenidos gala last Thursday, March 6th. With over 400 guests attending, the night was filled with music, awards, and silent auction prizes. Keep checking our Facebook page for photos of the event! If you’re interested in viewing Tweet from the night, search for #HopeisBCC
Understanding the Adoption Tax Credit
By Megan Asselin, CPA and Abigail Stokes Palsma
In most cases, taxpayers, whether single, registered domestic partners, or married couples, are eligible to claim a tax credit on the federal tax return for the expenses related to the adoption of a child. For the 2013 tax return, adopting families are able to claim qualified expenses up to $12,970. The application of the credit varies based on whether the adopted child is in the foster care system, a domestic child, or a foreign child. The credit is not allowed when adopting a spouse’s child, however, there is an aggressive tax strategy that some may find helpful. Additionally, there are specific instructions for claiming expenses that occur over multiple years. Read more
Round of Applause to our Foster Care + Adoption Team!
Congratulations to the Bienvenidos Foster Care & Adoptions Division as they have ramped up in response to Los Angeles County’s increasing need for certified foster families. Beginning in January, the Division has recruited, trained and certified new applicant families with the willingness, ability and resources to welcome an additional 54 children into our care. We are proud of staff’s dedication and team spirit in achieving a remarkable goal.
Bienvenidos’ Family Preservation program will be hosting its 8th Annual Dia de los Niños celebration on Saturday, April 19, 2014. Held at Covina Park, the event will feature a health and community resource fair, games, activities, face painting, food, and music!