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Tag Archive | "AARP"

IRS urges taxpayers not to rush; choose return preparers wisely


 

WASHINGTON – As the tax filing season deadline approaches, the Internal Revenue Service is reminding taxpayers to select who will prepare their 2016 federal tax return carefully.

With the filing deadline less than two weeks away, appointments with some tax professionals may be limited. A reputable preparer will ask to see a taxpayer’s records and receipts and can help file an extension to give the taxpayer time to collect any missing documents. The IRS urges taxpayers to avoid fly-by-night preparers who may not be available after April 18 and suggests checking the return preparer’s qualifications and history.

The IRS Choosing a Tax Professional page has information about tax preparer credentials and qualifications. The IRS Directory of Federal Tax Return Preparers with Credentials and Select Qualifications can help taxpayers identify local preparers by type of credential or qualification.

All paid tax preparers must have a Preparer Tax Identification Number. They must sign the return and include their PTIN. Ask about fees before providing personal financial records and receipts. Review the return and ask questions before signing it.

Free Tax Preparation

Each year, millions of tax returns are prepared for free by taxpayers using IRS Free File or by volunteers at community-based sites l staffed by IRS-trained volunteers that are located across the country.

IRS Free File lets taxpayers who earned less than $64,000 prepare and e-file a return for free using name-brand software. Go to IRS.gov and click on the ‘Filing’ tab for options. Free File software walks users through the tax preparation process and helps identify those tax changes that may affect their return. Those earning more than $64,000 can use Free File Fillable Forms, electronic versions of IRS paper forms.

IRS trained and certified volunteers at thousands of Volunteer Income Tax Assistance and Tax Counseling for the Elderly (VITA and TCE) sites nationwide offer free tax preparation and e-filing. VITA offers free tax return preparation to taxpayers who earn $54,000 or less. The TCE program is mainly for people age 60 or older and focuses on tax issues unique to seniors. AARP participates in the TCE program and helps taxpayers with low- to moderate incomes.

To find the closest VITA site, visit IRS.gov and search the word “VITA.” Or download the IRS2Go app on a smart phone. Site information is also available by calling the IRS at 800-906-9887.

To locate the nearest AARP Tax-Aide site, visit aarp.org, or call 888-227-7669.

There are also VITA and TCE sites that provide bilingual help.

Taxpayers who can’t file by the deadline should request an extension by using Free File on IRS.gov. In a matter of minutes, anyone can e-file Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return, and get a six-month extension. Requesting an extension to file does not extend the time to pay.

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Who will prepare your tax return? 


 

The Internal Revenue Service is reminding taxpayers to start thinking about who will prepare their 2016 federal tax return. The IRS began processing tax returns on Monday, January 23.

In 2016, more than 131 million individual and family tax returns were e-filed, the most accurate, safest and easiest way to file. The rest of the returns received by the IRS, numbering over 19 million, were either prepared on a computer and printed or prepared by hand then mailed.

The IRS stresses that no matter who prepares it, by signing the return, the taxpayer becomes legally responsible for the accuracy of all information included.

Free Tax Preparation 

Each year, millions of tax returns are prepared for free by taxpayers using IRS Free File or by volunteers at community organization sites nationwide.

IRS Free File lets taxpayers who earned less than $64,000 prepare and e-file a return for free. Go to IRS.gov and click on the ‘Filing’ tab for options on using commercial tax software. Those who earned more than $64,000 are still eligible for Free File Fillable Forms, the electronic version of IRS paper forms. This more basic Free File option is best for people who are comfortable preparing their own tax returns.

IRS trained and certified volunteers at thousands of Volunteer Income Tax Assistance and Tax Counseling for the Elderly (VITA and TCE) sites nationwide offer free tax preparation and e-filing.

VITA offers free tax return preparation to taxpayers who earn $54,000 or less. The TCE program is mainly for people age 60 or older and focuses on tax issues unique to seniors. AARP participates in the TCE program and helps taxpayers with low to moderate incomes.

To find the closest VITA site, visit IRS.gov and search the word “VITA.” Or download the IRS2Go app on a smart phone. Site information is also available by calling the IRS at 800-906-9887.

To locate the nearest AARP Tax-Aide site, visit aarp.org, or call 888-227-7669. There are also VITA and TCE sites that provide bilingual help for taxpayers who have limited English skills.

Many taxpayers pay for tax return preparation. By law, all paid tax preparers must have a Preparer Tax Identification Number, or PTIN. Paid preparers must sign the return and include their PTIN. The IRS offers tips to help taxpayers choose a tax return preparer wisely. The Choosing a Tax Professional page has information about tax preparer credentials and qualifications. The IRS Directory of Federal Tax Return Preparers with Credentials and Select Qualifications can help identify many preparers in your locality by type of credential or qualification.

The IRS urges taxpayers to avoid fly-by-night preparers who may not be available after this year’s April 18 due date or base fees on a percentage of the refund. The IRS also reminds taxpayers that a new law requires all refunds on returns that claim the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) be held until Feb. 15. This change helps the IRS detect and prevent fraud.

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Driver Safety Program for ages 50-plus


United Lifestyles, a member of Spectrum Health United Hospital in Greenville, is offering an AARP Driver Safety Program. The program will be on Monday, November 14, 2011 and Tuesday, November 15, 2011 from 12:30 to 4:30 p.m. at 407 S. Nelson, Greenville.
The program is a classroom driver refresher course for drivers ages 50 and older.  The course explains the changes that occur in vision, hearing, and reaction time as we age and provides useful driving safety tips for handling these changes. This eight-hour class is held in two sessions.
The cost is $12 for AARP members and $14 for non-AARP members.  For November only the class is free to veterans and/or veteran’s spouses (with some form of military identification).  Registration is required.  For more information, call 616.754.6185, ext. 100 or 800.406.4551.

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America’s seniors get a helping hand in the fight against hunger


In 2025, an estimated 9.5 million senior Americans will experience some form of food insecurity—about 75 percent higher than the number in 2005.

(NAPS)—The face of hunger in America may be aging. Of the 51 million Americans who face the threat of hunger, nearly 6 million are older than age 60, according to AARP—and that number is only expected to grow in the coming years.
In fact, from 2006 to 2008, the percentage of older Americans struggling with hunger more than doubled. Fortunately, there are actions that can be taken to help combat the problem.
Here are a few ways you can help:
•    Donate to your local food bank
•    Organize a food drive
•    Volunteer with a local food organization
•    Take an older friend to dinner or to the grocery store
•    Donate by using your AARP® Visa® Card from Chase
In 2011 and 2012, Chase will donate $0.03 for every purchase made with the AARP® Visa® Card from Chase and $1 for every new account, up to $2 million each year, to AARP Foundation through Drive to End Hunger, a national campaign led by AARP and AARP Foundation to end hunger among older Americans. It’s the only credit card endorsed by the AARP—an organization that provides meaningful resources and benefits to senior Americans and its members.
“Hunger among older adults is escalating at an alarming rate in America,” said Anisa Tootla, vice president of hunger impact programs at AARP Foundation. “We know Americans want to help their older neighbors in need, and we are pleased that Chase has joined the Foundation’s efforts to get people engaged in giving back.”

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