A new digital instrument was presented in New York, the largest city in the United States of America. This virtual tool will provide free services to prepare tax returns for individual workers and small business owners. The initiative fulfills the purpose of speeding up procedures for these people who have difficulties in filing taxes. This new Internet platform is called NYC Free Tax Prep.
The mayor of the city, Eric Adams, reported that the economy continues to grow. Mr. Adams added that New York has hit an all-time high in hiring.
It is also intended to invest resources so that residents can achieve prosperity. The institutions that will carry out these operations together are DCWP, Freelancers Union and Center for Family Life.
The alternatives offered by the instrument
These taxpayers can interact with the tool 365 days a year. Among the options available to users is the collection of estimated tax returns for the year or a quarter.
In addition, you can take training courses on economic issues and do personal consultations. With this opportunity, residents can get basic knowledge about the affidavit and keep payment obligations in order.
Households with dependent members earning less than $80,000.00 USD in 2022 are eligible to use NYC Free Tax Prep. Citizens earning less than $56,000.00 USD in the same year can also access.
The Internal Revenue Service (IRS) reports that there are other areas to help the population prepare their tax duties. These sites are staffed by volunteer specialists accredited by the IRS.
Those interested in needing attention can search the map for free tax services in New York. NYC Free Tax Prep has a list of documents for users to review when filing a tax return.