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  2. IRS Volunteer Income Tax Assistance Program - Wikipedia

    en.wikipedia.org/wiki/IRS_Volunteer_Income_Tax...

    As of 2017, the Tax Cuts and Jobs Act contributed to the over complication of tax filing. The statistics researched by the non-profit Prosperity Now proves VITA to be a relevant necessity in poverty reduction. Today, tax preparation remains a highly unregulated industry and around 60% of all taxpayers turn to a paid preparation service.

  3. Seniors and Taxes: Is There an End in Sight? - AOL

    www.aol.com/im-senior-ever-stop-filing-130049547...

    If you file taxes singly and your combined income is $25,000-$34,000, you may owe income taxes on 50% of your Social Security benefits. If your combined income is higher than $34,000, up to 85% of ...

  4. Tax breaks after 50 you might not know about - AOL

    www.aol.com/finance/tax-breaks-after-50-you...

    The Tax Credit for the Elderly or Disabled allows low-income Americans ages 65 and older to claim a tax credit of $3,750 to $7,500, depending on your income, marital status and other factors.

  5. Taxes: How to file your taxes for free in 2023 - AOL

    www.aol.com/finance/taxes-file-taxes-free-2023...

    VITA offers free tax preparation for moderate- to low-income individuals who make $60,000 or less, disabled individuals, senior citizens, or those who have a language barrier. ... Child Tax Credit ...

  6. 2 Ways Seniors Can Save Big on Their 2024 Taxes and Help ...

    www.aol.com/2-ways-seniors-save-big-150043510.html

    He said these strategies are important, because many people don’t get a tax deduction for their charitable giving, due to standard deductions being so high — $14,600 single [and] $29,200 ...

  7. Tax Relief for American Families and Workers Act - Wikipedia

    en.wikipedia.org/wiki/Tax_Relief_for_American...

    The Tax Relief for American Families and Workers Act is a $78 billion package that would expand the Child Tax Credit (a tax benefit that provides money to parents), restore business tax breaks, increase federal funding for states to encourage the development of low-income housing, deepen economic ties between the United States and Taiwan and end a pandemic-era employer tax benefit.

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