Tax Relief
Tax week is here and it’s “Tax Madness” with trying to find ideal tax help for a cheap cost or an even better free. But with a tight deadline from February 7- April 14 who has time to find the right company, and no matter how much you’ve prepared there’s always the unavoidable rush at the end, thankfully help is on the way.
Internal Revenue Service (IRS) now has community outreach programs that help with your tax for free! Volunteer Income Tax Assistance Program (VITA), Tax Counseling for the Elderly (TCE) and The Armed Forces Tax Council (AFTC ) are income tax systems that are not particularly based upon the ability tax principle, and is a training course in basic tax preparation. It’s a program for people who cannot prepare their own tax returns. It has skilled volunteers sponsored by various organizations standing by to help. They’ve received training to help prepare basic tax returns in communities across the country. Although these programs are from the IRS and help with your tax, they are all significantly different.
(TCE) is designed specifically for persons that are 60 or older mainly those held in homes or retirement communities. What’s immense about this program is that if a person is unable to come to a local site the volunteers will even go to their house.
(VITA) is for taxpayers who cannot afford paid professional assistance, like the elderly, having low or fixed income (no more than 38,00), not being able to speak English, disabled, or have other special needs.
(AFTC) consists of the tax program coordinates for the Army, Air Force, Navy, Marine Corps, and coast Guard. The (AFTC) manages the company of the military tax programs worldwide, and serves as the main means for outreach by the IRS to military personnel and their families. Marines, Airmen Soldiers, Sailors, guardsmen and their family can also receive free tax with their investment. (AFTC) also helps with combat zone tax benefits and the effect of the New Earned income tax credit (EITC).
For the last 30 years Seattle University and its accounting students have been providing the local community with a priceless tax preparation service. Its former accounting, Professor John Harding, established (VITA) in 1975.
When the inside income service asked for volunteers to help the public work through the difficulties of tax returns. The program is a linkage project between Seattle University accounting students and the inside income service. Students at the university prepare tax returns for the public, free of charge.
The program was developed with one goal and it’s to help individuals tax payers handle with the difficulty of filing a specific tax return. It gives accounting students a chance to show their skills while helping others in or out the Seattle University community.
Think that’s sounds great, Congressman Charles Rangel joined with Intuit to promote the profits. You might ask what’s Intuit?
Intuit Inc. is a top source of business and financial management solutions for small businesses, consumers and accounting professional. Intuit helps the Free File Alliance, a public private organization that supply free electronic tax training and E- filing to more than 60% tax papers. Intuit also provides an online product called tax for the web, for free to every tax payer wit a gross income about (AGI) 27,00 as well as those who are eligible for the federal, earn income tax credit (EITC), through the intuit financial freedom foundation.
This pass April 3, intuit and O’Reilly Media announced the release of a updated guidebook for users of Quick base. Its easy to use and quick. It helps with any questions you may have. The guidebook, is the first Missing Manual title to be installed online before showing up in prints and its marks the first book written about Quick Base product. The best part about it is that this manual is available at no charge to quick base and it has tips on everything.
Intuit was founded in 1983, and receives an annual 2.3 billion dollars in its fiscal year of 2006. This company has more than 8,100 employees, with offices in the United States, Canada, and United Kingdom and much more.