A Closer Look: Maximizing The EITC
The IRS published the latest executive column, “A Closer Look,” which features Sunita Lough, Deputy Commissioner for Services and Enforcement, addressing the Earned Income Tax Credit, or EITC. “EITC has been benefitting low- and moderate-income workers for 46 years… We estimate that approximately 20% of eligible taxpayers do not claim the EITC. We want everyone who is eligible for the EITC to claim it – after all, it’s your money,” said Lough. Read more here. Read the Spanish version here.
“A Closer Look” is a column from IRS executives that covers a variety of timely issues of interest to taxpayers and the tax community. It also provides a detailed look at key issues affecting everything from IRS operations and employees to issues involving taxpayers and tax professionals.
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