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The IRS’ VITA program offers free tax preparation options for taxpayers who earn less than $67,000 a year, have a disability or speak limited English.
The complication of applying tax codes and the risk of being taken advantage of by paid tax preparation services is diminished with the presence of over 4,000 nation-wide VITA sites. One of the focal points of VITA is raising taxpayer awareness and receipt of the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC).
The National Association of Tax Professionals (NATP) is an organization in the United States that offers support, education, products, and research services to tax professionals. Its members provide tax preparation and planning assistance to over 11 million taxpayers.
A Registered Tax Return Preparer is a former category of federal tax return preparers created by the U.S. Internal Revenue Service (IRS).. In January 2013, the IRS announced the suspension of the program because of a ruling on January 18, 2013, by Judge James E. Boasberg of the United States District Court for the District of Columbia.
The tax deadline will be here before you know it, and you may be seeking a way to file your tax return at no cost. The good news is there are a few different options to file your taxes for free in ...
You’ll also need to pay income taxes on any tax-deferred investments — including IRAs, 401(k) plans and tax-deferred annuities — in the year you take the money.