A new digital tool has been unveiled in New York, the largest city in the United States of America. This virtual tool offers free tax preparation services for individual workers and small business owners. The initiative achieves the objective of facilitating procedures for those individuals who have difficulties in filing tax returns. This new internet platform is called NYC Free Tax Prep.
The city’s mayor, Eric Adams, reported that the economy continues to develop. Mr. Adams added that New York has reached an all-time high in hiring.
The goal is also to invest resources so that residents achieve prosperity. The institutions that will be responsible for the joint implementation of these measures are DCWP, Freelancers Union and Center for Family Life.
The alternatives that the instrument offers
These taxpayers can interact with the tool 365 days a year. Options available to users include collecting estimated tax returns for the year or quarter.
You can also take part in training courses on business topics and have personal consultations. With this option, residents gain basic knowledge of the affidavit and can keep their payment obligations in order.
Households with dependent members who had income of less than $80,000.00 in 2022 are eligible to use NYC Free Tax Prep. Citizens who earned less than $56,000.00 in the same year also have access.
The Internal Revenue Service (IRS) reported that there are other ways to help people prepare their tax obligations. Volunteer specialists who are accredited by the IRS work at these locations.
Those in need of attention can search the map for free tax services in New York. NYC Free Tax Prep has a list of documents that users can view at the time of filing taxes.
