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Re-activateThis change is particularly relevant to the Earned Income Tax Credit, a tax benefit that actually puts money into the pockets of millions of low-income workers. The IRS says errors related to claiming this credit top the list of taxpayer mistakes, and many people lose out or get the credit late by not applying for it properly.
Of course, monitoring paid tax preparers also will help snare those who fraudulently help ineligible taxpayers obtain the credit.
As tax season approaches—the first day you can file is January 15—Consumer Reports offers good advice on choosing a tax preparer. The I RS has its own advice, as well.
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