Tax Preparation

Did you know that in 2010 the Department of the Treasury began circulating information that would change the cost Tax Preparer’s could charge the Tax Payer.

In 2010 the earning amount was $52,000.00, now in 2017 that amount has been increased to $66,000.000, so if you earned income up to $66,000.00, you qualify for free Tax Preparation.

History: before this ruling was set in motion, you could be a low income person with a large refund from earned income and other factors, and your Tax filing could cost you up to $800.00, H&R Block was offering loans as a instant refund with a retail markup that earned them up to 500% in profits off of low income Tax filers, so now it’s FREE, you pay for a State Filing, still a small fee.

 

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