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Is it already time to think about taxes again?
It really is. Time flies, and not just when we are having fun. Today marks the first day that you can file your taxes for 2016, so I think it is a good day to review the changes that listeners can expect this year. Some changes are big. Some will be good news for listeners. And some are not as positive. But all are important, so I want to make people aware of them.
What are the most significant changes that taxpayers can expect this year?
As I mentioned, there are a number of big changes.Two that are likely to impact a significant number of people. First, the Freefile program is now operational. This program, available through the Internal Revenue Service website, is a partnership with commercial tax filing services to provide free filing software for about 100 million taxpayers with incomes of $64,000 or less. Seven in ten of the nation’s taxpayers are eligible for IRS Freefile. and it opened on Friday, January 13. This is a huge positive change for taxpayers this year!
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source: BlackAmericaWeb.com
