The Tax Professionals Blog — earned income tax credit
Tax Extender: Earned Income Tax Credit (EITC)
Posted by Lee Reams Sr. on
Background: The EITC for three or children, with 45% credit rate and maximum credit of $6,269 was a temporary increase sun setting after 2017 (Sec 32(b)(3).
IRS is Sending EITC Due Diligence Warnings
Posted by Lee Reams Sr. on
During October the IRS will send warning letters to preparers who appear not to be complying with due-diligence requirements for the Earned Income Tax Credit.