The Internal Revenue Service has launched a new site titled “Information for Veterans.” The page is designed to provide timely, federal tax-related information to veterans about tax credits and benefits, free tax preparation, financial education, and asset-building opportunities available to veterans.
IRS and US Department of Veterans Affairs entered into a Memorandum of Understanding in 2015. The primary focus of the MOU is to provide free tax preparation services to Veterans and their families.
Partnering organizations prepare tax returns free for those whose incomes are low to moderate. Also check out the partner Outreach Corner for links to newsletter articles, podcasts, widgets and other electronic products to help reach out to customers with timely tax news they may need. If you represent a Veteran organization that assists other Veterans, why not look further to see how you can become involved?