California Black Media

Your 2021 Taxes: 7 Things the IRS Wants You to Know

IRS Commissioner Charles Rettig said the IRS, which is still processing a backlog of about 6 million tax returns from the last two years, is currently hiring. “We want to be reflective of the people we proudly serve,” the Commissioner said, touting the agency’s commitment to diversity. He said the IRS wants to employ people, including those who speak more than one language, who are able to communicate with taxpayers from all backgrounds. For more information, visit USAJobs.Gov.

Published

3 years ago

February 16, 2022

Oakland Post

IRS Commissioner Charles Rettig and Ken Corbin, Wage and Investment Division Commissioner and Chief Taxpayer Experience Officer at the IRS, stressed the importance of filing via the internet and making sure all information submitted is accurate.

By Manny Otiko | California Black Media

As the 2022 tax season kicks off, the IRS is reaching out to the public, encouraging people to file their taxes online and early. This was the main takeaway from a recent news briefing featuring IRS officers that Ethnic Media Services organized.

During the virtual meeting, IRS Commissioner Charles Rettig and Ken Corbin, Wage and Investment Division Commissioner and Chief Taxpayer Experience Officer at the IRS, stressed the importance of filing via the internet and making sure all information submitted is accurate. That way, they said, taxpayers can avoid delays and seamlessly receive their returns into their bank accounts by direct deposit.

“It is our intent that filing is as smooth and easy as possible. We want to make certain that consumers are getting all the credits and refunds they are eligible to receive,” said Rettig.

“Paper returns have an inherent delay in processing,” Rettig emphasized.

During the presentation, Rettig and Corbin shared several updates and pointers they said everyone filing taxes this year should know. Here are seven important ones:

The Tax Deadline Filing Deadline This Year Is April 18

Unlike the last two years of the pandemic when the IRS moved the tax filing deadline to July (2020) and May (2021), this year’s deadline to file your taxes is April 18. That is much closer to the April 15 date we all know and have become accustomed to over the years.

You Can File Your Taxes Online for Free

The IRS is providing the option for you to file your taxes online at no cost via the IRS Free File Program. The IRS also provides a service to taxpayers called Volunteer Income Tax Assistant Program (VITA).

The program allows taxpayers to get in-person tax filing assistance from certified tax professionals in their community for free. This year, due to the pandemic, some of the VITA professionals are offering virtual tax preparation sessions.

For customer support, Rettig is also discouraging taxpayers from contacting the agency via telephone. He said they should use the website instead. The IRS gets about 1 million calls a day and it only employs about 15,000 people to service the phone lines. The service is mainly for people who don’t have access to broadband or the internet, the Commissioner said.

Mistakes Could Delay Your Return

Corbin said it is important for people to be accurate when filing their taxes. Inaccurate filings mean the IRS has to schedule an employee to contact the filer, which will cause a delay.

“We urge taxpayers to take care, particularly for those who received a third economic impact payment or an Advanced Child Tax Credits in 2021,” he said. “Taxpayers should ensure the amounts they receive are entered correctly on the tax return.”

“This slows down the return process,” Rettig added, explaining that the automated system pushes filings with incorrect figures. “Last year we had 10 million returns that didn’t match.”

To get ahead of the problem this year, the IRS issued letters to taxpayers indicating the total amount received in 2021 by filers that were eligible for Advanced Child Tax Credits. Taxpayers can also create an account at IRS.Gov to verify the amount they received.

Rettig said the IRS still owes people who received the Advanced Child Tax Credits between July and December 2021, but they have to make sure all the information they include in their tax returns is correct. “Know that was only half of the advance tax credit they should receive,” he said. “To receive the other half, they must file a tax return with us.”

More Married Couples and Singles Qualify for Earned Income Credit

This year, Corbin says more families qualify for Earned Income Tax Credits (EITC), which is federal tax relief for filers with low to moderate annual incomes.

“Workers with qualifying dependents may be eligible for EITC if their earned income was less than $57,414,” he said. “The maximum EITC for those with no dependents is $1,502. That’s up from over $500 in 2020.”

The annual income requirement to qualify for EITC for taxpayers without dependents is $21,430 for single filers, and $27,380 for those filing joint returns.

“In the past, EITC for those with no dependents was only available to people ages 25 to 64,” he added.

You also don’t need to be under the age of 65 any longer to qualify for EITC without a qualifying dependent, and individuals and families who received investment income up to $10,000 may also qualify.

Homeless and Former Foster Youth Qualify for EITC

Homeless and former foster youth who are at least 18 years old also quality for EITC this year. The minimum age is 19 for most taxpayers and 18 for former foster youth and youth experiencing homelessness.

Beware of Scams

Corbin says tax filers should beware of scams.

“The IRS will not call you by phone without a notice in advance. Don’t accept a text, a call, especially if they ask for bank info or to pay with a gift card. That is a scam,” he said. “Those are the things we are seeing this season.”

The IRS Is Hiring

Rettig said the IRS, which is still processing a backlog of about 6 million tax returns from the last two years, is currently hiring. “We want to be reflective of the people we proudly serve,” the Commissioner said, touting the agency’s commitment to diversity. He said the IRS wants to employ people, including those who speak more than one language, who are able to communicate with taxpayers from all backgrounds. For more information, visit USAJobs.Gov.

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Oakland Post: Week of October 30 – November 5, 2024

The printed Weekly Edition of the Oakland Post: Week of October 30 – November 5, 2024

Published

18 hours ago

November 1, 2024

Oakland Post

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

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California Black Media

Ahead of Nov. Election, Event to Check Pulse of California’s Political Landscape

The Public Policy Institute of California is hosting a “2024 Speaker Series on California’s Future,” a preview event outlining the political landscape of the state and the nation ahead of the upcoming November elections. The event, which will be held Sept. 26 from 12 noon to 1 p.m., will include a panel of prominent political journalists who will assess the mood of the electorate and discuss themes and issues that are likely to shape the election outcome in November.

Published

4 days ago

October 29, 2024

Oakland Post

PPIC

By Bo Tefu, California Black Media

The Public Policy Institute of California is hosting a “2024 Speaker Series on California’s Future,” a preview event outlining the political landscape of the state and the nation ahead of the upcoming November elections.

The event, which will be held Sept. 26 from 12 noon to 1 p.m., will include a panel of prominent political journalists who will assess the mood of the electorate and discuss themes and issues that are likely to shape the election outcome in November.

The welcome and opening remarks of the event will be led by Tani Cantil-Sakauye, the president and chief executive officer of the PPIC. The discussion will be moderated by FOX 11 news anchor Elex Michaelson, journalists joining the conversation include senior political writer Joe Garofoli of the San Francisco Chronicle, national politics reporter Astead Herndon of the The New York Times, political correspondent for KQED Marisa Lagos, and senior political reporter POLITICO Melanie Mason.

A statewide survey by the PPIC revealed key findings that highlighted people’s concerns regarding candidates of choice for the 2024 presidential election, the 10 state propositions on the ballot, and the financial direction of the state in the next 12 months.

Since Vice President Kamala Harris replaced President Joe Biden as the Democratic Party standard bearer, 6 in 10 California likely voters support the Democratic presidential ticket compared to the Republican party and other candidates.

“Californians’ support for the Democratic presidential candidate — and partisans’ overwhelming preference for their party’s candidates — were the consistent trends before Harris replaced Biden,” the survey report stated.

Among the 10 ballot measures, approximately 71% of voters are expected to vote yes on Proposition 36, allowing felony charges and increased sentences for some drug and theft crimes.

According to the survey, the majority of voters, “think it is a good thing that a majority of voters can make laws and change public policies by passing initiatives.” Voters agree that initiatives on the ballot, “bring up important public policy issues that the Governor and Legislature have not adequately addressed.”

The survey also revealed that nearly half of voters think the state and country are headed in the wrong direction and expect financial struggles in the next 12 months.

The event will be held at the Sheraton Grand Hotel in Sacramento.

The PPIC Speaker Series on California’s Future invites thought leaders and changemakers to address challenges in the state. Residents can visit the PPIC website for more information and register for the event available online and in person.

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California Black Media

Not So Sweet: California State Health Campaign Highlights Dangers of Sugary Drinks

The California Department of Public Health (CDPH) and CalFresh Healthy Living, the state’s nutrition assistance program, recently launched a health campaign to illuminate the risks of drinking sugar-sweetened beverages and the health benefits of hydrating with water. The “Not So Sweet Side” initiative encourages families to make informed decisions about the drinks they choose and to be aware of the sugar content present in them.

Published

4 days ago

October 29, 2024

Oakland Post

iStock Photo

By Edward Henderson, California Black Media

The California Department of Public Health (CDPH) and CalFresh Healthy Living, the state’s nutrition assistance program, recently launched a health campaign to illuminate the risks of drinking sugar-sweetened beverages and the health benefits of hydrating with water.

The “Not So Sweet Side” initiative encourages families to make informed decisions about the drinks they choose and to be aware of the sugar content present in them.

According to the campaign, consuming too much sugar has been associated with an increase in chronic conditions and diseases such as type 2 diabetes, heart disease and tooth decay. African Americans face a higher risk of developing diabetes mellitus, heart disease and tooth decay.

Dr. Redieat Assefa is a pediatrician at Riverside University Health Systems. She spoke at a webinar hosted by California Black Media introducing the campaign to ethnic media publishers across California.

Assefa underscored the importance of reading labels on sugary drinks you may consume and how to identify drinks that contain too much.

“When reading a nutrition label, there are a few key components that I would like us to consider. The first thing is the serving size of your sugary drinks. Is it one can? Is it one bottle? Then you go down to your total carbohydrates, which can be broken down to your fibers and sugary, added sugars or non-added sugars.”

To simplify the process, compare the grams of sugar in a box of Apple Juice with preservatives that could be around 40 grams of sugar and that of natural juice which averages around 6 grams.

Assefa also added that research indicates that African American women who drink one to two sugary beverages daily have an increased risk of type 2 diabetes. Sugary drinks can lead to high blood pressure, hype, and hypertension, contributing to a greater risk of heart disease among African American young adult men who, on average, consume sugary beverages at a higher level than other groups.

Assefa pointed out that there are about 10 teaspoons of sugar in a single can of soda.

Dr. Maxmillian Chambers, a dental professional and public health advocate, also spoke on the panel promoting the campaign highlighting the impact sugary drinks can have on dental health.

“As we continue this dialogue, it’s crucial to turn our focus to oral health, a key component of our overall well-being that doesn’t often receive the attention it deserves. Sugary drinks are a significant contributor to tooth decay. Research shows that drinking more than two eight-ounce servings of sugary beverages per week can drastically increase the risk of cavities. And for our youth, particularly those aged 9 to 18, sugary drinks are primary sources of added sugar in their diets.”

Lakeysha Sowunmi, a mom and public health advocate who has worked to influence state policy and mobilize communities, including churches, around health issues, said, “I work with families on a budget, for example, and help them understand CalFresh and the resources that are available. We talk about portion control. We talk about feeding big families.”

The CalFresh Healthy Living Program is led by CDPH’s Nutrition and Physical Activity Branch. To explore recipes, resources, and tips for making healthier beverage choices, visit http://uncoverhealthyhabits.com/