HispanicTrending: Tax Preparation for Hispanic Immigrants: Get Ready or Get Left Behind

“An estimated twenty million immigrants in the United States are not eligible to obtain a social security number. However, many of these same individuals pay taxes on income and are obligated to file tax returns. If this sounds confusing to you, then you are not alone.

The IRS states that “ITIN’s (Individual Taxpayer Identification Numbers) are issued to help individuals comply with U.S tax laws, and to provide a means to efficiently process and account for tax returns and payments for those not eligible for Social Security Numbers.” Thus if your client has to file a tax return and does not qualify for a social security number, then they would need to do so with an ITIN.”

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