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February 11, 2009 - Credit Union Member News

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IRS Offers Free eFile - February 11, 2009Did you know you can efile your federal income taxes for free if your income is below $56,000? There is no need to buy extra software or pay a tax preparation service. As long as your income meets the qualifications, the federal government allows you to efile your taxes directly through the IRS and receive your refund by direct deposit into your credit union checking account.

The service i
s simple and easy to use. Go to IRS Free File to get complete details and begin the process to file your taxes and get that refund owed to you quickly!

A Few Free File Details:

  • Free File supports preparation of Federal tax returns. However, many companies also offer state tax preparation though fees may apply.
  • Free tax preparation and e-filing if your adjusted gross income is $56,000 or less in 2008.
  • Asks simple questions, puts your answers on the right forms.
  • Covers the most commonly filed Federal tax forms and schedules.
  • Includes Federal e-file - get your refund in as little as 10 days with Direct Deposit.
  • Does all the math for you.
  • Receive a quick confirmation within 48 hours that your return was received by the IRS.
  • Benefit from Free File's checks for accuracy.
  • Available in Spanish.
  • Forgot how much you received from last year's Stimulus Payment? Check out How Much Was My Stimulus Payment.

Many states also offer free efiling of your state income taxes. Check with your states taxation and revenue department to see if the service is free where you live.
images/.png" width="200" border="0" alt="IRS Offers Free eFile - February 11, 2009" title="IRS Offers Free eFile - February 11, 2009" align="left" class="newsimage" />Did you know you can efile your federal income taxes for free if your income is below $56,000? There is no need to buy extra software or pay a tax preparation service. As long as your income meets the qualifications, the federal government allows you to efile your taxes directly through the IRS and receive your refund by direct deposit into your credit union checking account.

The service i
s simple and easy to use. Go to IRS Free File to get complete details and begin the process to file your taxes and get that refund owed to you quickly!

A Few Free File Details:

  • Free File supports preparation of Federal tax returns. However, many companies also offer state tax preparation though fees may apply.
  • Free tax preparation and e-filing if your adjusted gross income is $56,000 or less in 2008.
  • Asks simple questions, puts your answers on the right forms.
  • Covers the most commonly filed Federal tax forms and schedules.
  • Includes Federal e-file - get your refund in as little as 10 days with Direct Deposit.
  • Does all the math for you.
  • Receive a quick confirmation within 48 hours that your return was received by the IRS.
  • Benefit from Free File's checks for accuracy.
  • Available in Spanish.
  • Forgot how much you received from last year's Stimulus Payment? Check out How Much Was My Stimulus Payment.

Many states also offer free efiling of your state income taxes. Check with your states taxation and revenue department to see if the service is free where you live.

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Credit CARD Act Begins Taking Effect August 20, 2009Credit CARD Act Begins Taking Effect August 20, 2009
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Two provisions of the Credit CARD Act of 2009, aimed at protecting consumers, become effective on August 20, 2009.

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