What Is Earned Income Tax Credit (EITC)?Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.
Small Business Tax Tips: Are You Filing The Correct Forms?It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.
IRS Warns Taxpayers To Watch Out For Phishing ScamsThe Internal Revenue Service is warning taxpayers to watch out for fake emails or websites looking to steal your personal information.
Area Community Organizations Offering Free Tax Filing Help For Low-Income ResidentsFamilies earning $53,000 or less and individuals earning $20,000 or less will qualify for the free tax prep service at one of 30 sites in Philadelphia and South Jersey.
Some Struggling To Meet Income Tax Deadline Advised to File For Extension The income tax filing date is less than two weeks away, and for some it's time to make a choice.
Owners of Manco & Manco Pizza in Ocean City Charged with Tax EvasionIf you’ve been on the boardwalk in Ocean City, NJ, chances are you’ve sampled their fare at Manco & Manco Pizza.
Don't Fall Victim To IRS Tax Scam Call
IRS Won't Begin Processing Tax Returns Until January 31stWant to file your federal tax return right away so you can get a quick turnaround on that refund check? Sorry, the IRS says.
Last-Minute Advice on 2013 Charitable GiftsIf you're hoping to get a tax deduction on your 2013 income taxes, today is the last day to make that donation.
Blog: Health Flex Spending Rule Change
2 Charged With Using NJ Prison Inmates To Scam the IRSFederal prosecutors in New Jersey have charged two people in Delaware with operating a phony tax return business aimed at prison inmates, with the US Treasury the victim.
Blog: IRS Tips For Newlyweds
Blog: Tax Advice For Superstorm Sandy Victims
Former IRS Attorney Says Government's Move on Fumo Properties Was OverdueKeith Fogg, who served more than 30 years in the office of the IRS' chief counsel, says word that the government has placed liens against the transfer of properties to a family member and a female companion is a bit surprising only in how long it took.