@USTreasury clarified changes to the adoption tax credit under the Working Families Tax Cuts. For tax year 2025, unused credits from 2020–2024 may increase refundable credits, up to $5,000 per qualifying child. Learn more from the #IRS: https://t.co/ObiJNzZ8Ampic.twitter.com/XduGkaLQV7
#IRS tip: Foreign bank accounts, brokerage accounts and some other financial accounts may have annual reporting requirements. Find out if you need to file a Report of Foreign Bank and Financial Accounts (FBAR): https://t.co/UZasDbw089pic.twitter.com/p0T6N8IJpC
