The Internal Revenue Service (IRS) announced today that the tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won’t be available before late February. The tax deadline will be April 17 this year, so taxpayers will have
Tag: earned income credit
Tax News for 2018 Filing Season
The Internal Revenue Service (IRS) has not yet announced the date that it will begin accepting individual tax returns for the 2018 tax filing season for 2017 tax returns. As the IRS does every year, it’s continuing to update its
Delayed Refunds for Tax Year 2016 Due to IRS Identity Theft Precautions
Refunds for Returns with EITC or ACTC Delayed The PATH Act of 2015 requires the IRS to hold 2016 refunds claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) until February 15. The IRS must hold
2017 Tax Season
Tax Season Start Date The IRS announced that the 2017 tax season begins on January 23, but taxpayers claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) for 2016 will not have their refund issued…..
4 Tax Tips for upcoming Tax Season
Tax Tips Get ready for the 2017 tax season with these four simple tips.
California Earned Income Tax Credit (EITC)
Governor Brown recently signed into law the state’s first ever EITC to help California’s poorest working families. The California EITC complements the federal EITC by providing a refundable tax credit for the lowest income California households. The credit will be
EITC Awareness Day 2015
Today is National Earned Income Tax Credit (EITC) Awareness Day for 2015. Four out of five workers claim and get the EITC they earned. In California alone, statistics for the 2013 tax year included 3.1 million EITC claims for a total
Tax Savings for Parents
Do you feel the pain of expenses throughtout the year raising a child; school, daycare, college, etc.? Others feel your pain. The IRS offers a number of tax breaks to offset the cost of raising a child. It may be confusing
EITC Awareness Day
The Internal Revenue Service (IRS) invites community organizations, elected officials, state and local governments, employers, and other interested parties to join a nationwide effort on Earned Income Tax Credit (EITC) Awareness Day, January 31, 2014. IRS estimates four of five eligible
IRS Resources
The IRS will start processing federal income tax returns starting Friday, January 31, 2014. If you need tax help, the IRS website has forms, information, and IRS contact information you need. The quickest way to get federal income tax information