earned income tax credit

Over the past few years, the use of refundable tax credits has increased.  Due to the significant potential - and actual - fraud, Congress has required the Internal Revenue Service to put into places certain measures to combat fraud, which costs the Federal Government over $10 billion dollars per year. For more information on reforming these tax credits, click here. Accelerated Form Filing Dates Worker payment reports (Forms W-2 and 1099) must be filed with the federal government by January 31.  The prior law required forms to be given to workers by January 31, but the filing copies were due at a [...]