This Week’s Must-Read: Changes for Upcoming Tax Season

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PATH Act provision will delay tax refunds in 2017, CFED shares recommendations to improve VITA programs, and tax credits are absent from presidential campaigns.

  • New tax legislation will require the IRS to hold refunds until mid-February for taxpayers claiming the EITC and CTC in an effort to prevent identity theft and refund fraud.
  • CFED releases a white paper that explores the growth of the VITA program and opportunities to strengthen it.
  • The Taxpayer Opportunity Network shares recommendations for how the IRS can help improve VITA programs, including making VITA training more flexible and developing ongoing communication on tax prep issues.
  • Despite their notable presence in current political discussions, opinions on tax credits for working families, including the EITC and CTC, have not come up in the presidential campaign policy plans of either Donald Trump (R) or Sen. Hillary Clinton (D).

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