The Internal Revenue Service has teamed with the Department of Housing and Urban Development in an effort to expand the agencies' outreach to low-income taxpayers.
The partnership agreement signed by HUD Secretary Alphonso Jackson and IRS Commissioner Mark W. Everson aims to assist low-income taxpayers in meeting their tax obligations by providing educational outreach, to help them get free tax preparation and free electronic filing of federal tax returns, and to offer information on tax credits such as the earned income and child tax credits. While 21 million low-income families qualified for the EITC last year, the IRS said that its own studies indicate that millions more are eligible but fail to claim the credit.
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