Monday, January 19, 2015

Now's the Time for Free Tax Preparation

The new tax season is the time for tax prep, and for low and moderate income taxpayers, free tax preparation is available. Finding out where is as easy as dialing 1-800-906-9887, or seeing this website and putting in your zip code. They are best able to tell you if you are due an earned income credit (or working, low income people), or how the new health care law affects your return.

This site has a list of what to bring so that your preparer can work on the forms. And while you won't get an instant tax refund, you won't lose a chunk of it to the preparer, like you will if your taxes
are prepared at an "instant tax return" place. Check out this video that explains the trouble of these instant return places--you lose a piece of your returns before you even get it.

In the Toledo area, getting an appointment with a tax preparer is as easy as dialing 211. If you have a household income of less than $53,000 give them a call.

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