Many people do not consider adopting or fostering a child because they assume that it would be too expensive for them to take on the responsibility of having another child in their home. Most states provide subsidies to assist with the expenses of taking care of a child. These subsidies are generally not considered as taxable income. In my state, the payments are made one month in arrears. For our family, there was an added frustration in that the money was paid through an adoption agency and they sometimes held the money for an extra month. An additional problem in … Continue reading →