{"id":1836,"date":"2021-11-18T07:19:00","date_gmt":"2021-11-18T07:19:00","guid":{"rendered":"http:\/\/gpswp.com\/cswans-new\/?p=1836"},"modified":"2021-11-18T14:49:38","modified_gmt":"2021-11-18T14:49:38","slug":"tax-time-guide-irs-has-made-some-changes","status":"publish","type":"post","link":"https:\/\/gpswp.com\/cswans\/2021\/11\/18\/tax-time-guide-irs-has-made-some-changes\/","title":{"rendered":"Tax Time Guide. IRS has made some changes!"},"content":{"rendered":"\n
Internal Revenue Service has come with an initiative to assist elderly taxpayers. Tax Counseling for the Elderly (TCE) would feature individuals of 60 years and above only. There have been Cooperative agreements between IRS and relevant organizations that would work annually during the taxation period for the initiative’s success. Some community partners taking part include non-profit agencies, faith-based organizations, community centers and large employers. This in-place training, which provides free tax help will be initiated for low-income individuals who need assistance filing their tax returns.<\/p>\n\n\n\n
IRS provides funds for organizations to compensate volunteers for some of their out-of-pocket expenses, including transport, meals and other expenses incurred during tax counseling assistance. From January 1st<\/sup> to April 15th<\/sup> of each taxpaying year, tax return preparation for the elderly will be conducted effectively. This, however, comes with maximum practice all year round with program activities that will ensure all the individuals to be sorted for the Federal Income Tax returns’ year.<\/p>\n\n\n\n On October 12th<\/sup>, 2021, the IRS awarded $41 million for the TCE and Volunteer Income Tax Assistance (VITA) grants to organizations providing free federal tax returns. With over 379 applicants requesting over $70 million for the initiative, IRS awarded grants to 34 TCE and 300 VITA applicants this year. Visit TCE Webpage<\/a> or VITA Webpage<\/a> to apply for the programs or go to IRS Tax Volunteers<\/a> to view details on becoming TCE or VITA volunteer.<\/p>\n\n\n\n IRS has been the leading organization in offering tax returns services for our clients, thanks to the Comprehensive Customer Service Strategy (Section 1101) that guides our strategies to provide the best services. The act dictates that IRS should offer an in-depth system for customer service and submit the plan to Congress. Together with the program, updated guidance and training materials should be available to the public. The plan for action practices for customer services in the private sector should include online services, telephone call back and employee training.<\/p>\n\n\n\n