Earned Income Credit for 2022 Tax Returns
The earned-income credit (EIC) is a refundable tax credit used to supplement the wages of low-income workers and help offset the effect of Social Security taxes. It helps certain U.S. taxpayers with low earnings by reducing the amount of tax owed on a dollar-for-dollar basis. If you fulfil the eligibility criteria, you can use the credit to reduce your owed taxes and likely increase your refund. Taxpayers may be eligible for refunds if their tax credit exceeds their tax liability for the year.
Tax returns filed by tax preparers that include the earned income tax credit (EIC), a refundable income tax credit for working individuals and families whose earnings are under a certain income threshold, are commonly audited by the IRS and subject to additional due diligence requirements. To avoid being penalized by the IRS, it’s important to correctly calculate and claim this credit.
Join us on Clatid this November to learn about EIC qualifications. Learn how you claim the EIC and if your state has an EIC. Review with us the income and Taxpayer Identification Number requirements.
You will learn about the eligibility criteria for a qualifying child and get familiar with the rules for everyone including individuals with no children and are the requirements for tax preparer due diligence. We will also discuss the recent developments. Register now!
What You will Learn
-Provisions related to EIC
-Changes in the Earned Income Credit for 2022 Tax Returns
-Provisions regarding maximum adjusted gross income to qualify for EIC
-How to calculate EIC to avoid any penalization from IRS
Who will Benefit
-Other Tax Professionals
You may ask your Question directly to our expert during the Q&A session.
Jason Dinesen is a taxation specialist and one of most experienced keynote speakers on Clatid. He currently has the record of conducting most successful taxation sessions with us.
He is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. He prepares over 200 tax returns every year and deals with a variety of situations ranging from individual taxes to business taxes. He has been presenting amazing training sessions since 2012.
Clatid is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.0 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please portal.shrm.org.
Clatid is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Clatid Webinar Certification - Clatid rewards you with Clatid Achievement Certification for unlocking and attending this webinar. It is to acknowledge your participation in this training session and to add more to your professional score.
Clatid Courses and Webinar or any Education published "Articles & Materials" strictly follows the standards and guidelines of the Professional Credit / CEU Providers and Well Researched before publishment.
Clatid doesn't support any Fake - News, Articles, or Compliance updates; Our Industry Experts are highly verified and recognized, and their Pre-publishment is verified via our experts and fact-checkers.
How do I get enrolled for this webinar/course?
Sign up now on clatid.io. Visit clatid.io/webinar to discover a wide range of webinars from industry specialists. Tick on either ‘live webinar’ or ‘on-demand’, and simply click on ‘buy now’ to get enrolled.
How can I access the live webinar?
Go for the topic of your keen interest on clatid.io. Tick on ‘live webinar’ and get enrolled! Easy registration, transparent transaction.
Can I attend the webinar without an internet connection?
You can request for an on-demand webinar that records the live webinar for you. After the webinar ends, you will have full access to the webinar’s recording. You can also explore Clatid offline to order your webinar DVDs, flash drives and transcripts.
What is an “On Demand”?
If you can’t attend the live webinar, simply go for the ‘on-demand webinar’ for the same price! Now, the live webinar recording will be saved in a cloud storage for you to access anytime from anywhere.
I missed the live webinar. What now?
Clatid brings a variety of options for offline learning. Order your DVDs, flash drives or transcripts now to have a lifetime access to Clatid webinars. You can also go for on-demand recordings. Download and watch it anytime from anywhere in the world!
Isn't it helpful?
Ask your question directly from our expert