April 18, 2022
Welcome to the Tax Prep Digest, a weekly update from Prosperity Now that brings you the latest news from the IRS, TaxSlayer and our national network of Free Tax Prep Partners.
VITA/AARP/TCE Free Tax Prep Production as of 4/11/22
- Free Tax Prep Sites Active = 6,739
- Federal Returns Accepted = 1,580,032
- Federal Refunds Claimed = $2,442,181,158
FY22 VITA Grant Funding Issues
Still no FY22 VITA Grant funds in your account?
Please contact Graham ASAP if you need help obtaining the funds you were awarded for this tax season. To date, we have helped 17 VITA organizations work with the Grants Program Office to receive their funding, and we are standing by to help you do the same!
This webinar is a chance for you to share the amazing job that your programs did during the 2022 filing season and the challenges that were faced along the way. During the Debrief, you can also uplift recommendations and ideas for making the 2023 filing season better for you, your organization, and, most importantly, the taxpayers we all serve. Everything you share during the Debrief will help inform the reports and recommendations that Prosperity Now provides IRS leadership.
We’re hearing about a resurgence around the reconciliation package and need a strong push from advocates to keep the Child Tax Credit expansion front and center as Congress negotiates spending priorities. Join us by emailing your Senators and participating in our upcoming Day of Action: https://prosperitynow.org/join-us-buildbackforjustice
To help navigate tax season, Prosperity Now created a video series with our tax experts to inform people on the different tax issues that affect the communities we work with, including the need for refundable tax credits, resources for community tax prep, and changes needed to the current tax code that leave out millions of working families. Check out some of our #TaxTuesday video series below!
- Funding the IRS Volunteer Income Tax Assistance Program (VITA)
- Making Tax Policy More Inclusive
- Refund to Rainy Day Savings Proposal
- Join the Taxpayer Opportunity Network (please share widely)
IRS Senior Leadership, as well as SPEC Director Frank Nolan, are hosting their annual Community Partner/Volunteer Recognition Ceremony that honors all VITA Volunteers and calls out exceptional efforts of specific volunteers nominated from across the country. Please reach out to your Relationship Manager for a specific invitation or you can use the link above on about the day of the event.
Stay updated on all the IRS news that is fit to print by bookmarking this page and staying current on everything that IRS releases as they release it.
With April 18th just three days away, TaxSlayer has put out a quick guide on how to use the software to file an extension for any clients that need one.
A handy guide to what you should do to securely close out your TaxSlayer software at the end of the filing season.
A listing of all the technical issues that TaxSlayer is aware of. This is a good page to bookmark and check if you run into an issue in the software.
A blog post by Gene Sperling, American Rescue Plan Coordinator for the Biden Administration outlines the permanent tax code changes that for the first time put Puerto Rican families on equal footing with the rest of the country in terms of CTC eligibility.