New Yorkers: File Your Taxes with NYC Free Tax Prep
The NYC Free Tax Prep services is now available to workers across NYC. The program provides free year-round income tax services to freelance workers and small businesses to help navigate tax filing, with an IRS-certified VITA/TCE volunteer preparers available to help you file.…
Tax basics: Understanding the difference between standard and itemized deductions
One of the first decisions taxpayers must make when completing a tax return is whether to take the standard deduction or itemize their deductions. As you think about filing their tax return, here are some things they should know about standard and itemized deductions.…
IRS sets Jan. 23 as official start to 2023 tax filing season; more helpavailable for taxpayers this year
The Internal Revenue Service today announced Monday, Jan. 23, 2023, as the beginning of the nation's 2023 tax season when the agency will begin accepting and processing 2022 tax year returns.…
Taxpayers should hang up if tax season scammers come calling
The tax filing season is a popular time for scammers to call and try to dupe unsuspecting taxpayers. These thieves often pose as the IRS to try to steal taxpayer money or personal information. However, it's easy for people to recognize this scam by knowing how the IRS contacts taxpayers.…
FTC Proposes New Rule to Ban Non-compete Agreements
On Thursday, January 5th, The Federal Trade Commission (FTC) rolled out a proposal to prohibit employers from implementing non-compete clauses that limit workers’ freedom to explore opportunities. In the freelance…