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Top related persons:
Daniel Werfel - 1 ” Werfel - 1 Werfel - 1 ” Derrick Plummer - 1 Joe Biden - 1 Gabriel Zucker - 1 ” Zucker - 1 that’s - 1
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Search resuls for: "Gabriel Zucker"


2 mentions found


☆ IRS Plans Limited Rollout of Free E-File Tax Return System With Invitations to Select Taxpayers
  + stars: | 2023-10-17 | by ( Associated Press | Oct. | At P.M. | ) www.usnews.com   time to read: +4 min
WASHINGTON (AP) — The IRS plans to invite select taxpayers across 13 states to try out the agency's pilot electronic free file tax return system beginning in January. The agency estimates that hundreds of thousands of taxpayers will participate in the limited rollout of the program for the 2024 filing season. The IRS faces intense blowback from private tax preparation companies that have made billions from charging people to use their software. The introduction of a government-run option could upend the industry and fundamentally change the way taxpayers interact with IRS. The states are “really blazing the trail for this exciting project and finding a way for state filing to work within the context of this, ” Zucker said.
Persons: Daniel Werfel, ” Werfel, Werfel, ” Derrick Plummer, Joe Biden, Gabriel Zucker, ” Zucker, that’s, ” Organizations: WASHINGTON, IRS, Intuit, America, Arizona’s Department of Revenue, New York’s Department of Taxation, Finance, Taxpayers, “ Locations: Arizona , California , Massachusetts, New York, Alaska, Florida , New Hampshire , Nevada , South Dakota , Tennessee , Texas, Washington, Wyoming
☆ Even as expanded child tax credit helped millions out of poverty, some still haven’t accessed funds
  + stars: | 2022-09-27 | by ( Lorie Konish | ) www.cnbc.com   time to read: +5 min
Yet many individuals and families eligible for the child tax credit, as well as another called the earned income tax credit, may not have received the money for which they are entitled. The child tax credit and earned income tax credit are aimed at helping low- and moderate-income families. The child tax credit was established for the purpose of helping parents pay for their children's needs. watch nowThe earned income tax credit supplements wages for low- to moderate income workers. Recent data from the U.S. Census Bureau found the expanded child tax credit helped reduce child poverty by more than 40% between 2020 and 2021.
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