Tax  News

Earned Income Tax Credit and Additional Child Tax Credit

This change begins Jan. 1, 2017, and may affect some returns filed early in 2017. Additional information is listed below.

  • To comply with the law, the IRS will hold the refunds on EITC and ACTC-related returns until Feb. 15.

  • This allows additional time to help prevent revenue lost due to identity theft and refund fraud related to fabricated wages and withholdings.

  • The IRS will hold the entire refund. Under the new law, the IRS cannot release the part of the refund that is not associated with the EITC and ACTC.

  • Taxpayers should file as they normally do, and tax return preparers should also submit returns as they normally do.

  • The IRS will begin accepting and processing tax returns once the filing season begins, as we do every year. That will not change.

  • The IRS still expects to issue most refunds in less than 21 days, though IRS will hold refunds for EITC and ACTC-related tax returns filed early in 2017 until Feb. 15 and then begin issuing them.

New requirement for dependents whose passports do not have a date of entry into the U.S.

Beginning Oct. 1, 2016, the IRS will no longer accept passports that do not have a date of entry
into the U.S. as a stand-alone identification document for dependents from countries other than
Canada or Mexico or dependents of military members overseas. Affected applicants will now
be required to submit either U.S. medical records for dependents under age six or U.S. school
records for dependents under age 18, along with the passport. Dependents aged 18 and over
can submit a rental or bank statement or a utility bill listing the applicant’s name and U.S.
address, along with their passport.

IRS Fraud and Scam Alerts

Remember these important items to protect yourself from scammers.

The IRS will never:
  • Call to demand immediate payment, nor will we call about taxes owed without first having mailed you a bill..

  • Demand that you pay taxes without giving you the opportunity to question or appeal the amount they say you owe.

  • Require you to use a specific payment method for your taxes, such as a prepaid debit card.

  • Ask for credit or debit card numbers over the phone.

  • Threaten to bring in local police or other law-enforcement groups to have you arrested for not paying.

Latest Scams

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