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Today, tax preparation remains a highly unregulated industry and around 60% of all taxpayers turn to a paid preparation service. The longevity of the VITA program is dependent on funding being approved and provided by Congress. The last official act to support the IRS initiative was made in 2017.
Find a Tax-Aide location near you by visiting the AARP website during tax season. Call 800-829-1040 for live assistance with the TCE and 888-227-7669 for more information about Tax-Aide. 5.
Tax preparation may also be done by a licensed professional such as an attorney, certified public accountant or enrolled agent, or by an unlicensed tax preparation business. Because United States income tax laws are considered to be complicated, many taxpayers seek outside assistance with taxes (53.5% of individual tax returns in 2016 were ...
Circular 230 contains rules of conduct in preparing tax returns. [14] Persons preparing tax returns must not: Take a position on a tax return unless there is a realistic possibility of the position being sustained on its merits. Frivolous tax return positions are prohibited. Unreasonably delay prompt disposition of any matter before the IRS.
Intuit offers free tax preparation software for individuals filing simple tax returns through TurboTax. A simple return is a basic 1040 form, which generally includes W-2 and unemployment income ...
Customer service: TurboTax offers lots of support, including links to extensive support topics as well as a community forum that lets you interact with other filers and tax experts in real time Cons
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