Liberty Tax Service Offers Free ITIN Renewal for Taxpayers

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Liberty Tax Service Offers Free ITIN Renewal for Taxpayers Affected by New Law

VIRGINIA BEACH, VA--(Marketwired - Aug 18, 2016) - Liberty Tax, Inc. ( NASDAQ : TAX )

Liberty Tax Service, a leading tax preparation franchise, announced today that it will offer free renewal assistance to taxpayers with Individual Taxpayer Identification Numbers (ITINs) in an effort to help them meet new requirements signed into law under the PATH Act. The law requires taxpayers who have not used an ITIN on a tax return in the last three years to renew their ITIN before filing a 2016 tax return. Additionally, those whose ITINs were issued before 2013 and whose middle digits are 78 or 79 will be required to renew their ITINs before filing a 2016 tax return.

The free renewals are an extension of the free ITIN services already offered at participating Liberty Tax Service offices. ITINs help individuals who are ineligible for a Social Security number meet their tax obligations, as required by law. In 2010, more than 3 million people paid over $870 million in income taxes using an ITIN, according to the IRS.

"The new law affects a big segment of the taxpayers," said Liberty Tax CEO John T. Hewitt. "We anticipate that many ITIN holders will be confused by these changes and unsure of how they need to proceed. At Liberty Tax Service we are ready with the necessary tools to answer these taxpayers' questions, get their renewal applications submitted, and help them meet their tax obligations."

At many Liberty Tax Service offices across the United States, taxpayers will find Certified Acceptance Agents who make the ITIN process less complex for taxpayers. Such agents can certify that documents required to apply for an ITIN, such as passports or birth certificates, are authentic. This means ITIN applicants who visit a Liberty Tax Certified Acceptance Agent do not need to submit their supporting documents to the IRS, where the documents may be held for several weeks. Instead, they can apply for an ITIN or an ITIN renewal at a participating Liberty Tax Service office and take their important documents with them when they leave.

The IRS has said that it will begin this month to mail Letter 5821 to taxpayers with expiring ITINs. The IRS will renew ITINs issued before 2013 on a rolling basis, starting with those whose middle digits are 78 or 79. That process opens on Oct. 1.

Liberty Tax Service offices are open year round, and taxpayers looking to get started on their ITIN renewals can call at 866-871-1040 or visit www.LibertyTax.com .

About Liberty Tax, Inc. Founded in 1997 by CEO John T. Hewitt, Liberty Tax, Inc. ( NASDAQ : TAX ) is the parent company of Liberty Tax Service. Liberty Tax is one of the fastest-growing tax preparation franchises. Last year Liberty Tax prepared over two million individual income tax returns in more than 4,400 offices and online. Liberty Tax's online services are available through eSmart Tax , Liberty Online and DIY Tax , and are all backed by the tax professionals at Liberty Tax locations and its nationwide network of approximately 22,000 seasonal tax preparers. Liberty Tax also supports local communities with fundraising endeavors and contributes as a national sponsor for many charitable causes. For a more in-depth look, visit Liberty Tax Service and interact with Liberty Tax on Twitter and Facebook .

MEDIA CONTACT: Martha O'Gorman Chief Marketing Officer Liberty Tax Service (888) 848-5344 martha@libtax.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Thanksgiving in Outer Banks: Unique Traditions Await

Updated Category News Views 109

Thanksgiving Plans Off the Beaten Path Thanksgiving in the Outer Banks isn't just another holiday; it's a whole different ball game. Imagine trading in the usual family couch-potato marathon for a beachside gathering, where the sand replaces the snow, and coastal seafood joins the turkey on your dinner table. If you've been teetering on the edge of making plans, this...

Continue Reading
Navigating Roof Damage Insurance Claims: Key Insights

Updated Category News Views 141

No one wants to deal with roof damage, but knowing the rules of the game is half the battle. The landscape of insurance claims can be tricky—especially when Mother Nature starts playing hard ball. Here, we break down what homeowners need to know to stay one step ahead in these situations. Unpacking Roof Damage Coverage Most homeowners think they've got things covered...

Continue Reading
Chime Joins S&P MidCap 400 Amid Merger Jostle

Updated Category News Views 170

Index Shake-Up: Who's In, Who's Out? Hold onto your hats, folks—big changes are coming to the S&P MidCap 400! Chime Financial Inc. is crashing the party, taking a seat at the table, as NorthWestern Energy Group gets the boot. Now, if that doesn’t grab your attention, I don’t know what will. You've got to appreciate the chaos and opportunities that come with a roster...

Continue Reading
Backdoor Reference Checks: A Hiring Minefield?

Updated Category News Views 157

What's Really Happening with Job References? Every job seeker has been there, right? You're all set, resume polished to a shine, references lined up like a choir ready to sing your praises, and then bam—you hear that employers are contacting folks you never listed. A new report from Zety highlights this eyebrow-raising trend, and it's got us all questioning the value...

Continue Reading
El Pollo Loco Faces Class Action Over Wage Practices

Updated Category News Views 86

Alright, here's where things start sizzling—El Pollo Loco, the fast-food chicken chain whose name translates to 'The Crazy Chicken'—is in a legal pickle. The lawsuit hanging over their heads could spell a sticky situation for them and possibly ripple through the fast-food industry. The suit, filed by the steadfast firm Blumenthal Nordrehaug Bhowmik De Blouw LLP, has...

Continue Reading
Black Bayou Kicks Off Major Gas Storage Build in Louisiana

Updated Category News Views 164

Breaking Ground on a Massive Energy Undertaking Well, folks, Black Bayou's finally breaking ground on their colossal gas storage project in Cameron Parish, Louisiana. They're not just playing around—this thing's set to be a juggernaut, with an imposing 44.4 Bcf of working gas capacity nestled right on top of the Black Bayou salt dome. Talk about marking territory, huh?...

Continue Reading
Sports Clock Radio: A Game Time Enthusiast's Dream

Updated Category News Views 147

A New Gadget for the Diehard Fan Fanatics, gather 'round. There's an innovation rolling out that's looking to marry the good old alarm clock radio with the rush of game day fever! Over in Pittsburgh, an inventor's cooking up something that every loyal sports fan might soon find irresistible—a Sports Clock Radio, bringing the stadium experience to your living room or...

Continue Reading
Schools Reimagine Yearbooks with Interactive Archives

Updated Category News Views 133

Revamping School Memories for the Tech Age In a world where every facet of life is digitally chronicled, it's about time schools got on board the archival train in a dynamic way. That's where Rocket Alumni Solutions steps in, breathing fresh life into those dust-gathering yearbooks and sepia-toned photos. Tackling History Collection by Collection Think you can throw a...

Continue Reading
Maritime Safety Urged After New Orleans Vessel Incident

Updated Category News Views 87

The Mississippi River saw a bit of drama near the Port of New Orleans when a river cruise turned into an unexpected rescue operation. Listen up, because incidents like this bring maritime safety right to the forefront; we can't ignore the waters that shape our daily lives here in the Big Easy. Navigating the Waters Safely Some 150 souls found themselves in a pickle when...

Continue Reading
Pine AI Unveils AI Studio & Real-World Call Feature

Updated Category News Views 208

Push Your Expectations: Pine AI Takes the Stage Here's a twist in tech worth a double take. Pine AI is shaking up the AI world with a brash blend of video genius and actual chat capabilities. Somehow, merely weeks after setting the tech scene ablaze with its AI-focused computer, it's already rolling out new applications faster than hotcakes on a skillet. But let’s chew...

Continue Reading

Top 5 Most Recently Viewed Articles

HawkEye 360 Expands Capabilities with Strategic NRO Partnership

Updated Category News Views 189

HawkEye 360's New Partnership with the NRO HawkEye 360, recognized as a leader in sharing signals intelligence data and analytics, has recently secured a significant funding extension from the National Reconnaissance Office (NRO) alongside the Commercial Systems Program Office (CSPO). This collaborative effort is set to span over 23 months, aiming to enhance the...

Continue Reading
Consumer Sentiment and Its Impact on Economic Reflation Trends

Updated Category News Views 88

Understanding Consumer Sentiment Trends In recent discussions, we have explored how indicators like inflation gauges can influence economic forecasts. A notable aspect is consumer sentiment, which provides insights into spending behaviors and overall market confidence. Recent readings suggest a surprising optimism among consumers, especially in light of complex inflation...

Continue Reading
Ocular Therapeutix Announces Major Stock Offering Ahead of Trials

Updated Category News Views 264

Ocular Therapeutix's Strategic Stock Offering Announcement Ocular Therapeutix, Inc. (Nasdaq: OCUL), known for its commitment to enhancing retinal health, has declared an exciting new chapter in its journey. The company has recently confirmed the pricing for an underwritten public offering of 37,909,018 shares of its common stock, set at $12.53 per share. This significant...

Continue Reading
Roku Ads Manager: Innovations for Today’s Marketing Landscape

Updated Category News Views 145

Roku Unveils Ads Manager for Growth-Driven Marketers Roku (NASDAQ: ROKU) has stepped up its game in the streaming industry by launching a new platform named Roku Ads Manager. This self-service tool is tailored specifically for marketers eager to improve their connected television (CTV) campaigns. The rollout of this innovative platform comes as advertising trends shift...

Continue Reading
Evaxion Secures $10.8 Million in Strategic Public Offering

Updated Category News Views 97

Evaxion Biotech's Recent Public Offering Evaxion Biotech A/S (NASDAQ: EVAX) has recently made headlines with its announcement of a public offering. The company, renowned for its pioneering work in AI-Immunology™, has set the offering's combined public price at $2.71 per ADS, with warrants allowing the purchase of equal representation. This promising move emphasizes...

Continue Reading