Monthly Archives: January 2018

Many People in Rural Areas Can Benefit from EITC

The IRS wants taxpayers living in rural communities to be aware of the earned income tax credit and correctly claim it if they qualify. Many qualified individualsand families who live in rural areas don’t claim the EITC. There are many

Posted in Individuals

Grandparents Caring for Grandchildren Should Check Their Eligibility for EITC

Grandparents who work and are also raising grandchildren might benefit from the earned income tax credit. The IRS encourages these grandparents to find out, not guess, if they qualify for this credit. This is important because grandparents who care for

Posted in Individuals

IRS Urges Travelers Requiring Passports to Pay Their Back Taxes or Enter into Payment Agreements; People Owing $51,000 or More Covered

WASHINGTON ─ The Internal Revenue Service today strongly encouraged taxpayers who are seriously behind on their taxes to pay what they owe or enter into a payment agreement with the IRS to avoid putting their passports in jeopardy. This month,

Posted in Individuals

Employers and Coverage Providers have more Time to Furnish Health Coverage Forms to Individuals

The IRS extended the 2018 due date for certain employers and health coverage providers to furnish 2017 health coverage information forms to individuals.   The following organizations now have until March 2, 2018, to provide Forms 1095-B or 1095-C to

Posted in Non Profits, Small Businesses

Nine Facts About the Adoption Credit

Adoptive parents around the country may qualify for a tax credit. Parents who either adopted a child or tried to adopt a child may claim the adoption credit. Here are nine things you should know about this credit. Credit. The

Posted in Individuals

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