Who qualifies for EITC Earned Income Tax Credit

CD Tax & Financial Individual Tax earned income tax credit, eitc, families, individual tax, irs

Earned Income Tax Credit (EITC) Relief Earned Income The Earned Income Tax Credit (EITC) helps low- to moderate-income workers and families get a tax break. If you qualify, you can use the credit to reduce the taxes you owe – and maybe increase your refund. Earned income includes all the taxable income and wages you […]

May 14, 2020

IRS unveils new People First Initiative

CD Tax & Financial IRS, IRS Audit & Representation appeals, COVID-19, earned income tax credit, peoples first initiative, relief to taxpayers, statue of limitations

IRS People First Initiative provides relief to taxpayers. IRS unveils new People First Initiative; COVID-19 effort temporarily adjusts, suspends key compliance program. Due to COVID-19, the IRS is providing relief on a variety of issues as part of the People First Initiative. The IRS is modifying certain activities through the filing and payment deadline, Wednesday, July […]