DALLAS - The Lubbock Internal Revenue Service office at 1205 Texas Avenue will be open for special weekend hours on Saturday, March 27. IRS staff will provide assistance for taxpayers dealing with difficult economic times from 9:00 a.m. until 2:00 p.m.
"There are many tax credits and deductions that may help individuals struggling in tough economic times to save money on their taxes this year," said Clay Sanford, an IRS spokesperson in Dallas. "For example, this year many people will qualify for EITC for the first time because their incomes declined, their marital status changed or because of credit expansions to help people as part of the American Recovery and Reinvestment Act of 2009. Under the act, taxpayers with three or more children get an extra boost with a larger credit this year."
IRS employees in Lubbock will answer questions for taxpayers on the full range of tax law provisions such as the new allowance for $2,400 of tax-free unemployment compensation benefits. Free tax preparation and electronic filing for individuals who earn $49,000 or less will be available. Most tax forms are available in the TAC, although downloadable copies of tax forms on IRS.gov can save taxpayers a trip if all they require are tax forms.
Area residents who will not be able to pay their full tax liability by the April 15, 2010, deadline and need to ask for an installment plan can receive assistance from IRS employees in arranging appropriate payment schedules. Individual taxpayers will also be able to get assistance with existing issues such as levies on wages or bank accounts, bills and notices and collection letters.
"We are trying to help the people of our community cope with tax related questions and issues they may never have faced before," Sanford said. "IRS TACs are not typically open on Saturdays, but we hope making extra service available will help ease the burden some people are experiencing."