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Find out if you qualify for the Earned Income Tax Credit during EITC Awareness Day

1/12/2017

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On EITC Awareness Day, Friday, Jan. 27, the Internal Revenue Service will partner with community-based organizations across the country to alert millions of low- and moderate-income workers about the Earned Income Tax Credit (EITC). All across the United States, local officials and community organizations are holding events highlighting this key benefit. 

If you earned $53,505 or less last year, you could receive a larger refund if you qualify for the EITC. If you have three or more qualifying children, you could get a maximum credit of up to $6,269. Even if you don’t have children, it could mean up to $506 added to your tax refund. 

Unlike most deductions and credits, the EITC is refundable. In other words, if you’re eligible, you may get a refund from the IRS even if you don’t owe tax. Last year, more than 27.5 million eligible workers and families received almost $66.7 billion in EITC; with an average EITC amount of more than $2,400.
 
IRS-certified volunteers at free tax sites can help you find out if you quality for EITC and help you prepare your taxes for free. There is also an online tool, the EITC Assistant, available on IRS.gov. You don’t need to guess about your eligibility — use the EITC Assistant to find out for sure. And, when checking your eligibility for EITC, don’t overlook other tax credits for which you may qualify. 

Some refunds held until mid-February


A new law approved by Congress requires the IRS to hold refunds claiming the EITC and the Additional Child Tax Credit (ACTC) until February 15. By law, the IRS must hold the entire refund — even the portion not associated with EITC or ACTC. This change helps ensure taxpayers receive the refund they are owed by giving the agency more time to help detect and prevent fraud. The IRS will begin releasing these refunds on February 15, but you shouldn’t expect to see them deposited into your bank accounts until the week of February 27 – assuming there are no processing issues with the tax return.

​You can track the status of your refund with the “Where’s My Refund?” tool available on IRS.gov or the IRS2Go mobile app.

If you need assistance with your tax declaration I am here to help you:
Contact Me
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February 12th, 2016

2/12/2016

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Como muchos ya saben, el congreso hizo cambios a la ley que afectan los numeros de indentificacion individuales (ITINs por sus siclas en Ingles). estos cambios fueron enactados a partir del 18 de diciembre, 2015. 
La provision que govierna los ITINs fue emendada añadiendole una nueva subseccion al final de la existente (i) "Special Rules Relating to the Issuance of ITINs" (reglas especiales con relacion a la emisón de ITINs). En esta subseccion se describe que la Secretaría esta autorizada a emitir ITINs a todo persona que presente una aplicacion a la Secretaría con las formas requeridas por dicha entidad.  
Las formas requeridas se tendran que presentar por correo, en persona en una oficina de IRS, o con un agente autorizado. Sin embargo para las personas que requieran un ITIN para un depende que esté fuera del pais, solo se podra presentar la solicitud por correo o en una oficina del IRS o en el consular designado por la Secretaría. No se permitira presentar por medio de un agente autorizado.
En cuestion de los terminos del ITIN: 
Actualmente si una persona que usa un ITIN para presentar su declaracion de impuestos no utiliza dicho numero por cinco (5) años consecutivos ese numero se expira al final del quinto año. Sin embargo baj esta nueva ley, todo ITIN que no se use por tres (3) años consecutivos se vencera al termino del tercer año. Esta nueva ley tambien implemento que todo ITIN que fue emitido antes de Enero 1, 2013 tendra fecha de expiracíon y su usuario tendra que re-aplicar para obtener uno vigente. Estas fechas de expiracíon seran de la siguiente manera:
ITINs emitidos antes de:                                                      Expiraran en:

1 de Enero, 2008                                                                         1 de Enero, 2017
31 de Diciembre, 2008                                                               1 de Enero, 2018
1 de Enero, 2009- 31 de Diciembre, 2010                            1 de Enero, 2019
1 DE ENERO, 2011- 31 DE DICIEMBRE, 2012                            1 de Enero, 2020

Todos los ITINs emitidos despues del 1 de Enero, 2013 se venceran si no se usan para hacer una declaracion de impuestos por tres (3) años consecutivos. 

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Easy ways to make a tax payment 

2/3/2016

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It’s tax season again, and if you owe, you’ll need to make a payment by your due date to avoid interest and penalties. You can pay online, by phone or with your mobile device. 
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When you’re e-filing your taxes, you can use the electronic funds withdrawal (EFW) method. EFW allows you to pay from your bank account when you use tax preparation software or a tax professional to e-file your return. You can schedule your payment any time before your due date. It’s safe, easy and convenient. 

Features and benefits of electronic funds withdrawal 
• EFW is convenient. You can e-file and e-pay in a single step.
• The IRS doesn’t charge a fee to use EFW, but check with your financial institution about any fees it may charge.
• If you make an electronic payment, it eliminates the need to submit a voucher and mail a check.
• It’s safe and secure. Payment information is used only for the tax payment(s) authorized.
• Bank account information is safeguarded and won’t be disclosed for any reason other than for processing authorized payment transactions. 

Another easy way to pay is with IRS Direct Pay. Direct Pay is free, and you can securely pay your taxes directly from your checking or savings accounts whether you file electronically or on paper. You can schedule payments up to 30 days in advance and receive instant confirmation that you submitted your payment.
 
You can also pay your taxes online or by phone through any of the authorized debit and credit card processors. A convenience fee is charged by the processor. The IRS doesn’t receive or charge any fees for payments made with a debit or credit card. Go to https://www.irs.gov/Payments for authorized card processors and their phone numbers. 
Finally, you can make a tax payment from your mobile device with the free IRS2Go app and choose either Direct Pay or debit and credit card payments. You can download IRS2Go from Google Play, the Apple App Store or Amazon to make your payments when it’s convenient for you.  

​IRS YouTube videos
• IRS Tax Payment Options English • IRS2Go 5.2 - English |Spanish| ASL 

On Twitter? Send these Tweets:

• Need to make a #taxpayment? #IRSDirectPay is the easiest, quickest way for individuals to make #tax payments. https://www.irs.gov/Payments/Direct-Pay

•Try #IRS electronic payment options https://www.irs.gov/Payments#taxpayment 

• Need to make a tax payment? flyer available in English and Spanish. #IRSDirectPay #EFTPS https://www.irs.gov/pub/irs-pdf/p5034esp.pdf
​

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Tax season is here

1/19/2016

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the irs has started the tax season as of today.
there are a few things that are not the same from prior years... you will have four extra days to file; this year is a leap year therefore we add February 29 as an extra day. the last day to file will be april 18, 2016; three days after the usual tax day.

if you did not have health insurance for all or part of the year be prepared to pay a higher penalty this year than the penalty imposed last year. if you were insured through your employer you will receive a new form this year. 

also, irs will crucially examine tax returns this year; this is due to the growing tax fraud. do not be surprised if your state refund takes a little longer to arrive as mentioned in the washington post https://www.washingtonpost.com/news/get-there/wp/2016/01/07/why-you-may-have-to-wait-longer-for-your-tax-refund-this-year 

to make this tax year smooth make sure you have all your documents ready for your tax preparer and be prepared to provide copies of your id and social security card to identify you are the person named in the return.

happy filing

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OFFER IN COMPROMISE

2/3/2015

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Here is the latest form to use for your offer in compromise application. If you have a debt with IRS for back taxes, you may provide the IRS an offer to settle your tax debt for less than the full amount you owe.
it is not guaranteed that your offer will be accepted, submitting an application will begins a process of evaluation and verification by the IRS, taking into consideration any special circumstances that might affect your ability to pay.
The attached booklet will explain more in detail what steps to take if you feel you may qualify for an offer in compromise.

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January 18th, 2015

1/18/2015

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Como ya saben, el presidente barak obama anuncio una accion ejecutiva para que millones de imigrantes ilegales que sean padres de hijos ciudadanos puedan solicitar y obtener un permiso de trabajo valido por 3 anos, y asi evitar una posible deportacion.

Unos de los requisitos para calificar para la accion ejecutiva sera que los posibles calificantes esten "dispuestos a pagar impuestos."

"Aunque USCIS no está aceptando peticiones o solicitudes en este momento, si usted entiende que podría ser elegible a una de las iniciativas antes mencionadas, puede prepararse recopilando los documentos que demuestren factores como su:

  • *Identidad
  • *Relación con un ciudadano estadounidense o residente permanente legal, si es necesario, y
  • *Residencia continua en los Estados Unidos durante los últimos cinco años o más."  dice el sitio web oficial del departamento de seguridad nacional, visite este sitio para mantenerse informado. 

  • si necesita ayuda para hacer su declaracion de impuestos y/o obtener su numero de itin para usted y/o sus dependientes yo le puedo ayudar. comuniquese conmigo para informarle de los requisitos para obtener su itin.

si desea notarizar alguna carta para comprobar que a estado residiendo en los estados unidos en las fechas requeridas, tambien le puedo ayudar. 

es mi deber comunicarle que no soy abogada y no estoy autorizada para llenar formularios o aplicaciones de inmigracion, solo puedo notarizarle cartas que sus conociodos esten dispuestos a proporcionarle para demostrar su estancia en estados unidos.

Contacteme
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Tax season is around the corner

1/3/2015

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With tax season around the corner and the IRS announcement that they will start accepting returns by January 20, 2015 it leaves us with short time to gather all required paperwork to file our taxes. 

One very important thing that most of the time is overlooked is if you moved during any time of the year you must make sure you have updated your address with your employer. This is specially necessary if you relocated to a different state or no longer work at the same place. Otherwise your W2 may be lost in the mail. 

I have heard of people who wait until the last minute to file because they are waiting for their W2 from their previous employer. When they do not receive it they either file with out it (causing them problems) or have to wait on the phone for hours trying to get someone to tell them where their W2 went or how to obtain a copy.

You are still on time to make sure your address is updated with your employer. If for some reason you cannot contact your prior employer then you should make an address change with the United State Postal Service (USPS.com) this way all your mail will be forwarded to your new address.  
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