San Francisco Tax Preparation / CPA: Groups Urged to Share Tax Information With Those Without Permanent Addresses

Filed in CCH NEWS FEED by on July 24, 2021

In an ongoing effort to help those experiencing homelessness, the IRS has reminded people who do not have a permanent address or a bank account that they may still qualify for stimulus payments and other credits, including the advance child tax credit (ACTC) and the recovery rebate credit (RRC).

To help people experiencing homelessness, the rural poor, and other historically underserved groups, the IRS is also urging community groups, employers, and others to share information about Economic Impact Payments (EIPs), the upcoming ACTC, and other key programs to help more eligible people file a tax return and receive all of the benefits to which they are eligible.

Employers can help by making their employees aware of the third EIP, the 2020 RRC, the earned income tax credit (EITC) and the CTC, and by encouraging employees to file for these benefits based on tax year 2020 rules. The American Rescue Plan, enacted in March 2021, expanded EITC and the CTC benefits for the 2021 tax year.

The IRS also continues to work extensively with community groups across the country to get people to file tax returns and receive all the EIPs and credits they are entitled to. These efforts helped lead to more than 8 million people last year to submit tax returns who normally do not file.