New York City Launches Free Tax Preparation Services for Self-Employed Workers

What you should know

New York City launched a free tax preparation services tool for self-employed taxpayers, the Department of Consumer and Worker Protection announced.NYC Free Tax Prep for Self-Employed Filers offers free tax preparation services for self-employed workers and small business owners who often face barriers to filing taxes and managing financial record keeping. In addition to providing annual and quarterly estimated tax return preparation assistance, new workshops and individual consultations will help the growing number of self-employed and self-employed New Yorkers learn the basics of self-employed tax filing and record-keeping best practices.

NEW YORK — New York City launched a free tax preparation services tool for self-employed taxpayers, the Department of Consumer and Worker Protection announced.

NYC Free Tax Prep for Self-Employed Filers offers free tax preparation services for self-employed workers and small business owners who often face barriers to filing taxes and managing financial record keeping. In addition to providing assistance with annual and quarterly estimated tax return preparation, new workshops and individual consultations will help the growing number of self-employed and self-employed New Yorkers learn the basics of tax filing best practices and record keeping as self-employed.

“As New York City’s economy continues to evolve and grow, reaching a new record in total jobs, we must develop resources that help New Yorkers do the same,” said New York City Mayor Eric Adams. “This partnership between DCWP, Freelancers Union and Center for Family Life will provide free tax preparation for self-employed New Yorkers and reduce a barrier that prevents New Yorkers from pursuing their dreams by giving them the tools they need to thrive as freelancers. In New York.”

NYC Free Tax Prep for self-employed workers and business owners will now offer year-round access to specialized tax preparation services. The new workshops will help self-employed workers understand and learn their tax filing obligations, tax filing best practices, effective record-keeping skills, and more.

Individual consultations give self-employed New Yorkers the opportunity to speak with specially trained tax professionals about their business income and their tax filing responsibilities.

WHO MEETS THE REQUIREMENTS FOR THIS FREE TOOL

All self-employed New Yorkers qualify for workshops and consultations, but only those who earn up to $59,000 as a single filer, or $85,000 for families, and have business expenses under $250,000 are eligible for free annual tax preparation services and estimated quarterly.

WHERE CAN I FIND THE TOOL

Self-employed people can call 3-1-1 or visit nyc.gov/TaxPrep and search for sites that offer self-employed/Schedule C assistance to find a location near them. Services are available in Spanish.

2023-10-27 15:57:06
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