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VITA stands for Volunteer Income Tax Assistance, a program that provides free tax preparation assistance to low- to moderate-income individuals and others through partner organizations. VITA volunteers are certified by the IRS to prepare tax returns, claim credits, and raise awareness of tax issues.
Zazzle is an American e-commerce platform that allows users to create and sell personalized products with independent manufacturers. Founded in 2005, Zazzle has partnered with many brands and has over 300 million products listed on the site.
This holds true even if the donor does not actually attend the dance. The taxable income of the donor is reduced by $300. If the donor's income was in the 35% income tax bracket both before and after the deduction, the donor's tax liability (amount of taxes owed to the government) is reduced by $105.
Learn about the various forms and schedules used by the IRS for taxpayers and tax-exempt organizations to report financial information and calculate taxes. Find out the history, purpose, and features of Form 1040, the only form used for personal federal income tax returns since 2018.
The official website of the Harris-Walz campaign is now selling Taylor Swift-style friendship bracelets for $20 that read “Harris Walz 24" The items were added to the website shortly after Swift ...
A 501 (c) organization is a nonprofit organization in the federal law of the United States that is exempt from some federal income taxes. Learn about the types, requirements, and compliance of 501 (c) organizations, and how to access their public records and returns.
Free File is a program that allows U.S. taxpayers to file their federal income tax returns for free online. It is a partnership between the IRS and commercial tax software companies, and it offers free software or fillable forms to eligible taxpayers.
Learn about the different types and levels of taxes imposed by the federal, state, and local governments in the U.S. Find out how taxes affect income, spending, and inequality in the country.
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