“Many people with disabilities who don’t file a tax return because their income is so low could be losing out on thousands of dollars from the EITC”
businesswire.com, February 17, 2011:
BELLEVILLE, Ill.--(BUSINESS WIRE)--Many of the millions of people with disabilities may be paying more in taxes than necessary, according to Allsup, a nationwide provider of Social Security Disability Insurance (SSDI) representation and Medicare plan selection services.
“People with disabilities often aren’t aware of tax credits and deductions that could help them save money,” said Paul Gada, a tax attorney and personal financial planning director for the Allsup Disability Life Planning Center. “In fact, certain credits are refundable, meaning you can get money back even if you owe no taxes.”
Below, Allsup highlights important steps that can help people with disabilities minimize their taxes. More information is provided in Allsup’s free online guide, Managing Your Taxes, on Allsup.com.
Three Essential Tax Management Steps ... Read more>>