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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.
The IRS offers free tax filing assistance programs to help make taxes straightforward and inexpensive. Here's a list of the available programs, important contact information and eligibility...
In addition to the $369 billion allocation for energy and climate programs and the $64 billion Affordable Care Act expansion funding, the Inflation Reduction Act of 2022 also provided nearly $80...
Here’s another offering backed by Liberty Tax: ESmart Tax offers free e-filing of 1040EZ and state forms. Both FreeTax and ESmart are solid options if you feel more comfortable with the Liberty ...
This tax credit is subject to a phase-out for taxpayers with adjusted gross income in excess of $80,000 ($160,000 for married couples filing jointly). The act directs several Treasury studies: Coordination with non-tax student financial assistance;
The IRS Free File program provides free tax filing services to many lower and middle income taxpayers through IRS trusted partners. To qualify for IRS Free File guided tax software, individuals ...
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