It soon will become simpler to provide tax return information requested on financial aid applications.
The IRS plans to set up a new system where you will be able to visit a secure web page, verify your identity and then retrieve the essential info needed—such as your adjusted gross income (AGI) for the prior year—in order to complete college loan applications, scholarship forms and other types of financial arrangements. The IRS hopes to have the system up and running next year.
Selfish motive: This should reduce the number of phone calls to the IRS from applicants during the busy tax return season.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/27166/filling-out-financial-aid-paperwork-just-got-easier "