Income Tax Preparation for Less Privileged Segments of the Society

1
Income Tax Preparation for Less Privileged
Segments of the Society
2
(No Transcript)
3
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 dont
have a lot of money for hiring a professional,
you can enjoy the benefits of the IRSs provided
free counseling service. In case if you are a
retired senior citizen then dont 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
4
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,
5
(No Transcript)
6

•  
• 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 dont 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

7
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
8
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
dont 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
dont 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
9
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_at_glgaccounting.com
Visit Follow Us On Our Social Media Sites
Twitter https//twitter.com/GLG
Accounting_ Facebook
https//www.facebook.com/GLGAccounting Google
Plus https//plus.google.com/u/0/10997350
5906107821115 Linkedin
https//www.linkedin.com/company/614346 Yelp
https//www.yelp.com/biz/glg-acco
unting-northfield
Copyright 2017. GLG Accounting. All rights
reserved.