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Adoptive Parents Get Tax Credit Bonus

Parenthood doesn’t always cost a bundle. Just ask the the Ward Family. Thelma Ward was speechless when her tax preparer said the family would receive a $54,000 refund this year, according to a story in CNNMoney.com .

Getting Images

Why the good news? The federal adoption tax credit. The Wards, who adopted five kids in recent years, qualified for an adoption credit for each child.  According to the story, they didn’t have a high enough tax liability in the past to fully use the credits. So the credits rolled over and this year the carry forward became refundable.

According to H&R Block, in the past parents could only claim the portion of the tax credit that reduced their tax liability to zero. Unsued credits could be carried forward up to five years, but the same limitation applied each year. For 2010, it’s a “fully refundable credit for qualified expenses up to $13,170,” says H&R Block. Adoptive parents also can “carry-forward” credits for adoptions dating back to 2005 for potential refunds on their 2010 tax returns. That’s good news for a lot of families.  Another H&R Block client expects to receive a $65,000 refund  because of the credit. The credit is supposed to help families, many of whom spend about $30,000 on attorney’s fees, placement agencies and travel expenses for a private adoption. The law allows parents who adopt “special needs” children to receive the maximum credit even if they didn’t have expenses.

Readers, do you plan to use the credit?

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    • By WebOsPublisher

      ChiefAdvice – I am using WINDOWS VISTA, and all of a sudden my Sound & Network Icons dissappeared from the notification area?
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      You are here: Home » Software » I am using WINDOWS VISTA, and all of a sudden my Sound & Network Icons dissappeared from the notification area?
      Question:
      I am using WINDOWS VISTA, and all of a sudden my Sound & Network Icons dissappeared from the notification area?
      I am using WINDOWS VISTA, and all of a sudden my Sound & Network Icons dissappeared from the notification area? I have tried to go on Properties > Notifications area, but the boxes for sound and internet are shaded and cannot be checked.I have also tried customize notification icons, but the sound and internet iconds are not there.some people have said: "Go to Sounds and Audio Devices in Control Panel and check Place Volume Icon in the Task Bar". but when i go to my control panel, there is no ‘sounds and audio devices’, only hardware and sound or something…thank you so much if you can help me, this is a major problem.I have also deleted the ‘IconStreams’ & ‘PastIconsStream’ things from my comp. but i dunno what do do next..My computer is totally new, and I hope it’s not a virus, if so, how do i find it and delete it?
      Submitted: 1522 days ago
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      tornribbon
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      Submitted: 1522 days ago
      In windows Vista, and Windows XP, you should see a little speaker Icon by the System Tray, if you dont, go to audio and devices in windows vista, please please please put a check where it says "show sound icon in system Tray"and the little icons should Appear there, I had no problems with Windows Xp. but for vista, I dont know.is your sound driver working ok??try to test if the sound is working, put a cd or music in windows media player 11see if the sound is working, if its not, then thats a sign, and thats probably why you dont see the Little speaker icon by the clock.good luck, hope you fix it soon
      Answer1/1
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    • By WebOsPublisher

      Play button greyed out. – Forums – Diablo III
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      So any ideas on what to do?Everytime I start the game it initializez and updates for a while, then I can’t press play.Took me 3h to start the game yesterday cause of the same bugs and updating tools, but today it wont work at all.
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      It just says “launching..” now, anyone?
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      Does the launcher disappear and do you reach the splash?
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      15/05/2012 12:50Posted by ShtrigaIt just says “launching..” now, anyone?I just got this problem and find out something worked for me.Go on Internet Explorer-Be sure that you have “Never dial a connection”.For me it was on the 2nd option “Dial whenever a network…”, I changed it an now its ok.
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      got it to work all day yesterday, being able to restart it and all and now i try to start it and its stuck on “launching” again, the launcher doesnt even dissapear, I can press play and then it says “Launching” and play gets greyed out and nothing happends.
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      And upon closing it goes back to “updating tool 0%” in launcher..
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      Visceril
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      Same problem here, i press play which then greys out and then it gets stuck on launching. Tried basically everything but nothings worked.
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      Same problem here. only ‘initializing’ and no error message.
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      Hi guys!I’ve been experiancing this problem also, but i FINALY got a FIX (or atleast it fixed my problem)I’ve COMPLETLY uninstalled Diablo 3 – And all of it’s folders on the entire computer – And then reinstalled the whole thing – So it updated the NEWEST patch.Next, i’d “RESTORE” all my firewall history/ports and so on (Useing MacAfee)Third, i launched my game (Got a error on reading a critical file) . . .Fourth I’d rebooted my pc, launched the game by the automatically generated desktop icon (launched normally – not as admin) – This worked for me – You can also try launch it as admin if the normal dosent work.P.S – If you wanna be sure to fixed all problems, then use the trick where you go in the “Administrated CMD” (Command Promt – Launched as administrator) type innetsh winsock resetThen hit ENTER botton, let it do it’s thing, then it will tell you to reboot once more, do this.If this dosent work, please tell me so! I’ll keep trying to find another fix for you specific then :)I really hope this will help you guysBest Regards
      #10
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  • The Tax Blog brings together a team of award-winning tax journalists from the Dow Jones network and around the web to examine the tax issues, changes and legislation that affect families, investors and small business owners. Our contributors include Tax Report columnist Laura Saunders (WSJ), Tax Guy columnist Bill Bischoff and senior reporter Jilian Mincer (SmartMoney.com), retirement-focused reporter Anne Tergesen (WSJ), wealth management writer Arden Dale (Dow Jones Newswires), TaxWatch columnist Eva Rosenberg and personal finance reporter Andrea Coombes (MarketWatch), and reporter Alyssa Abkowitz (SmartMoney). They’ll provide the latest news and insight, mine the tax code for tips and loopholes, and answer your questions about tricky tax situations. Contact the The Tax Blog with ideas, suggestions or tax questions at thetaxblog@dowjones.com.

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