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Income Tax Preparation for Less Privileged Segments of the Society

Income tax preparation and returns filing are a legal duty of every taxpayer. No matter if you are a senior citizen or earning a few thousand dollars per year. There is no exemption available whatsoever in any case. However, the IRS is right in means that they have made special arrangements for individual cases. As a taxpayer who don’t have a lot of money for hiring a professional, you can enjoy the benefits of the IRS`s provided free counseling service.

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Income Tax Preparation for Less Privileged Segments of the Society

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  1. Income Tax Preparation for Less Privileged Segments of the Society

  2. Income tax preparation and returns filing are a legal duty of every taxpayer. No matter if you are a senior citizen or earning a few thousand dollars per year. There is no exemption available whatsoever in any case. However, the IRS is right in means that they have made special arrangements for individual cases. As a taxpayer who don’t have a lot of money for hiring a professional, you can enjoy the benefits of the IRS`s provided free counseling service. In case if you are a retired senior citizen then don’t worry at all. A free counseling program is available for you as well. Apart from all these arrangements firms like GLGAccounting.Com are also providing their services at a very relaxed rate

  3. Volunteer Income Tax Assistance Program We believe the IRS is one of the biggest stakeholders as far as the tax returns preparation is concerned. Perhaps this is the reason behind the overwhelming support and assistance they are offering to the taxpayers. Yes! There are certain criteria and pre-requisites. Not everyone can enjoy the benefits of their services which are provided without any cost. Access to the tax preparation software is one example. Now, they are running another program that is known as Volunteer Income Tax Assistance Program. This program offers free income tax preparation assistance and support to a particular group of taxpayers. Following are some of the pre-requisites or eligibility criteria settled and anyone falling in this group can gain an access provided through the above-mentioned program,

  4. Taxpayers who are not making more than $54K a year • Disable taxpayers can also ask the IRS for assistance under this program • Those who are not skilled enough to communicate in the English language • As the whole, this program is a great help for those who don’t have access to any other form of assistance and support. They simply cannot bear the burden of hiring a professional like a CPA or an EA. The level of support you could get through this program, however, is not going to beat the kind of assistance offered by lawyers and attorneys. After all this program is being fueled by IRS-certified volunteers. Generally speaking, these volunteers comes from several nonprofit organizations. The IRS is used to fund such nonprofit organization as they are spreading awareness and information about the tax-related matters. So, you simply cannot anticipate something outstanding

  5. In fact, those who are capable enough of understanding tax related matters and issues related to the income tax preparation should consider something different. Another very good option available is that the free access to state of the art tax preparation programs. Where to Find Assistance through VITA? There is an extensive network of VITA centers operating throughout the country. For locating such a site quickly, you can use the tool (VITA Locator) available on the IRS website. Another easy way is through their telephone helpline. 800-906-9887 is the number; taxpayers can use to know about the nearest available facilitation center. In general, these centers are being operated in public places like shopping malls, libraries, and community centers

  6. Income Tax Preparation Support for Senior Citizens Senior citizens usually enjoy certain relaxations in almost every field. Similar is the case with income tax preparation. The law and the IRS rules are universal, and even the seniors don’t are exempted from the filing of returns. However, every effort has been made by the IRS for providing them with the required assistance and support. In addition to the VITA, they are running another program designed specifically for the senior citizens. Tax Counseling for the Elderly (TCE) is one of the finest ways available for the elders. Remember, several questions about the taxation and filing of returns after retirement can only be answered by learning professionals. Keep in mind both the VITA and TCE are IRS funded programs and as a taxpayer, you don’t have to pay any sum of money to any of the volunteers serving you. So, just keep yourself motivated there is adequate free of cost income tax preparation support available

  7. Contact Now for Online tax preparation Website: https://www.glgaccounting.com/income-tax-preparation/ Address: 400 Central Ave, Suite 340B, Northfield, IL 60093 Business Hours: Mon - Fri: 9am - 5pm Email: contact@glgaccounting.com Visit & Follow Us On Our Social Media Sites Twitter: https://twitter.com/GLGAccounting_ Facebook: https://www.facebook.com/GLGAccounting Google Plus: https://plus.google.com/u/0/109973505906107821115 Linkedin: https://www.linkedin.com/company/614346 Yelp: https://www.yelp.com/biz/glg-accounting-northfield © Copyright 2017. GLG Accounting. All rights reserved.

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