Program Description A Low Income Taxpayer Clinic (LITC) is an organization that is working for the benefit of people with low income and people whose primary language is not English. In case such people have a dispute with the IRS, the organization provides education about their rights and outreach to such individuals. It also [...]

  FISCAL FACT No. 486: 2016 Tax Brackets (PDF) What is a Tax Bracket? Taxation is an important aspect of your income. Tax brackets are the different rates of taxes which are levied on the different income levels of an individual. Every year IRS adjusts more than 40 Tax provisions for inflation. IRS carries this [...]

  The ITIN number also known as Individual Tax Identification Number is a number given to every individual by Internal Revenue Service (IRS).  This ITIN number gives a unique identity to every person. In this way IRS ensures that all people pay taxes even if they are illegal immigrants and don’t have a social security [...]

   IRS provide a lot of tax credits to the disable person or the parents of a disabled child.  Following are the tax credit details: Higher Standard tax deductions for a blind person Payments which are given to the disable such as Veterans Administration disability benefits, and Supplemental Security Income are not considered part of [...]

  You might be aware of many benefits of being married, let us tell you some tax advantages of marriage. Your Spouse can help you gain tax deductions If you are earning higher income, and your spouse is earning a lower income the lower income records can help you to be in a lower tax [...]

If you become a victim of tax scam then you might get a financial hit of hundreds of thousands of dollars. So keep your guards high and protect yourself from such scams. Under given are some signs that point towards a tax scam Fake emails, requesting your personal details […]

  1 out every 14 American that are aged 16 or more have been the victim of identity theft once in their lifetime, according to the bureau of Justice Statistics USA. So it is important that you know some details of identity theft so that you may be on your toes. Here are some types [...]

  Identity theft is as real as it gets these days. Here are some precautionary measures that you can take. Avoid using the same password on multiple sites: Try your best to keep unique passwords for multiple sites. If you use the same password and username on a less secure site then it is possible [...]

Taxes are unavoidable even when you retire. Obviously, every individual wants to keep more money with him when he retires. A retired person doesn’t have any other source of income except his retirement funds. Sadly taxes are a big part of your retirement budget unless you retire in a state which offers tax breaks to [...]

Americans regularly pay their taxes but often wonder where these taxes are spent. This curiosity sometimes leads to misconceptions by a majority, as they tend to underestimate the taxes that government spends on critical parts of Federal Government’s Budget. Here are some of the perceptions of people about the tax spending. The common man’s estimate [...]