Articles
Governor Beshear Launches Campaign to Urge Kentuckians to Apply for the Earned Income Tax Credit: Governor Steve Beshear encourages all eligible Kentuckians to apply for the Earned Income Tax Credit (EITC). According to Governor Beshear, the EITC is a strong anti-poverty tool for Kentucky and has had a positive impact on local economic growth. Unfortunately, it is reported that 20% of eligible Kentuckians do not claim their benefits. Governor Beshear promoted the use of 200 free tax preparation sites in 90 Kentucky counties; eligible Kentuckians can get help applying for the EITC in these locations. Click here to read the press release in entirety. Source: southerngovernors.org
The Tax Man Has Up To $5000 for Hard-Working Kentuckians (Radio Story): EITC Awareness Day, which was January 30, is designed to encourage families to investigate their eligibility for the Earned Income Tax Credit (EITC) refund. This year, eligible families can qualify for nearly $5000. Candace Mattison, Community Action Kentucky's Program Services Director, explains that this mone can help families with vehicle repairs, paying their mortgage, or other high-end expenses. Mattison suggests that many more families may be eligible this year because of the recession. She warns families against using "refund anticipation" loans and other traps that offer an instant tax refund at a price. Instead, Mattison encourages families to use free volunteer tax preparation sites that offer electric filing; most families are able to get their refund in about a week. Click here to listn to or read the radio story that was sent out on the Kentucky Public News Service and played on 25 radio stations across the state. Source: publicnewsservice.org
Beshear Encourages Use of Federal Earned Income Tax Credit: At a news conference on Monday, Governor Beshear promoted the use of the federal Earned Income Tax Credit (EITC) to help moderate to low-income Kentuckians. Many eligible Kentuckians have not utilized the program in the past. Governor Beshear also encouraged Kentuckians to make use of the 200 free tax preparation sites across the state, which open later this month. Click here to read more about EITC, free tax preparation sites, and their impact on moderate to low-income Kentuckians. Source: kentucky.com
Free Tax Preparation Sites Expanded: The Earned Income Tax Credit (EITC) is the federal government's largest program benefiting working families. EITC has significant impact on many low- to moderate-income families because it reduces poverty, encourages employment, supplements low wages, and helps families build assets and purchasing power. Click here to read how Community Action, in partnership with the Kentucky Asset Success Initiative, helps families claim tax refunds.
Many Eligible Workers Don't Claim EITC: The Earned Income Tax Credit (EITC) is a federal tax credit available to people who earn a moderate or low income, with the largest credit given to those with children. EITC is designed to encourage people to work and benefits workers by providing a sizeable refund. Unfortunately, many eligible workers do not claim this benefit. Click here to read how Central Kentucky Economic Empowerment Project and their partners are working to promote the EITC program and help people file taxes for no cost. Source: bizlex.com
Articles
Governor Beshear Launches Campaign to Urge Kentuckians to Apply for the Earned Income Tax Credit: Governor Steve Beshear encourages all eligible Kentuckians to apply for the Earned Income Tax Credit (EITC). According to Governor Beshear, the EITC is a strong anti-poverty tool for Kentucky and has had a positive impact on local economic growth. Unfortunately, it is reported that 20% of eligible Kentuckians do not claim their benefits. Governor Beshear promoted the use of 200 free tax preparation sites in 90 Kentucky counties; eligible Kentuckians can get help applying for the EITC in these locations. Click here to read the press release in entirety. Source: southerngovernors.org
The Tax Man Has Up To $5000 for Hard-Working Kentuckians (Radio Story): EITC Awareness Day, which was January 30, is designed to encourage families to investigate their eligibility for the Earned Income Tax Credit (EITC) refund. This year, eligible families can qualify for nearly $5000. Candace Mattison, Community Action Kentucky's Program Services Director, explains that this mone can help families with vehicle repairs, paying their mortgage, or other high-end expenses. Mattison suggests that many more families may be eligible this year because of the recession. She warns families against using "refund anticipation" loans and other traps that offer an instant tax refund at a price. Instead, Mattison encourages families to use free volunteer tax preparation sites that offer electric filing; most families are able to get their refund in about a week. Click here to listn to or read the radio story that was sent out on the Kentucky Public News Service and played on 25 radio stations across the state. Source: publicnewsservice.org
Beshear Encourages Use of Federal Earned Income Tax Credit: At a news conference on Monday, Governor Beshear promoted the use of the federal Earned Income Tax Credit (EITC) to help moderate to low-income Kentuckians. Many eligible Kentuckians have not utilized the program in the past. Governor Beshear also encouraged Kentuckians to make use of the 200 free tax preparation sites across the state, which open later this month. Click here to read more about EITC, free tax preparation sites, and their impact on moderate to low-income Kentuckians. Source: kentucky.com
Free Tax Preparation Sites Expanded: The Earned Income Tax Credit (EITC) is the federal government's largest program benefiting working families. EITC has significant impact on many low- to moderate-income families because it reduces poverty, encourages employment, supplements low wages, and helps families build assets and purchasing power. Click here to read how Community Action, in partnership with the Kentucky Asset Success Initiative, helps families claim tax refunds.
Many Eligible Workers Don't Claim EITC: The Earned Income Tax Credit (EITC) is a federal tax credit available to people who earn a moderate or low income, with the largest credit given to those with children. EITC is designed to encourage people to work and benefits workers by providing a sizeable refund. Unfortunately, many eligible workers do not claim this benefit. Click here to read how Central Kentucky Economic Empowerment Project and their partners are working to promote the EITC program and help people file taxes for no cost. Source: bizlex.com