Latest Earned income tax credit Stories

2014-04-11 11:39:34

When the Earned Income Tax Credit was expanded in 1993, supporters hoped it would reward poor parents for working while critics feared that it might discourage single mothers from marrying or incentivize women to have more children to boost their tax refund. A new collaborative study done by the University of Wisconsin-Madison and Cornell University reveals the EITC has helped the working poor but hasn't affected personal choices. Sarah Halpern-Meekin, assistant professor of human...

2014-04-08 16:22:22

Ensuring low-income taxpayers determine eligibility using online EITC calculator SACRAMENTO, Calif., April 8, 2014 /PRNewswire-USNewswire/ -- As the April 15(th) tax deadline quickly approaches, WE Connect, a program of The California Endowment, launches a tax countdown campaign encouraging low-income Californians to try its online calculator that quickly and easily determines if they may qualify for the Earned Income Tax Credit (EITC) -- a federal tax credit that may boost an individual's or...

2014-03-27 23:32:58

Sigma Tax Pro recently learned that the IRS just announced it has $760 million for taxpayers who did not file a tax return in 2010, but returns must be filed by April 15, 2014. Delray Beach, FL (PRWEB) March 27, 2014 A recent announcement by the IRS should be of interest to tax professionals across the United States. IRS commissioner John Koskinen advises any taxpayer who has not filed their return for 2010 to do so before April 15th of this year. He notes that it is often students and...

2014-02-25 08:23:39

JACKSON, Mich., Feb. 25, 2014 /PRNewswire/ -- With income tax preparation season in full swing, Consumers Energy is helping raise awareness among income qualified Michigan residents that help with heating bills may be available through a Michigan Home Heating Credit and federal Earned Income Credit. The Home Heating Credit can be used for all types of primary heating fuel, including natural gas, propane and purchased firewood. Renters may also qualify for the credit. Even if...

2014-02-19 12:23:13

NEWARK, N.J., Feb. 19, 2014 /PRNewswire/ -- PSE&G urges New Jersey's workforce members who are in financial difficulty to see if they are eligible for the 2013 Earned Income Tax Credit (EITC). This special credit reduces the amount of taxes owed by eligible workers and sometimes provides a tax refund as well. (Logo: http://photos.prnewswire.com/prnh/20120830/MM62627LOGO ) Depending on their income, individuals who worked full- or part-time or were self-employed in 2013 may...

2014-01-30 16:24:22

Free Tax Assistance and Accessible Online Tools Help Workers File for Earned Income Tax Credit ROCKVILLE, Md., Jan. 30, 2014 /PRNewswire-USNewswire/ -- In recognition of Earned Income Tax Credit (EITC) Awareness Day on January 31, and throughout the tax filing season, Goodwill Industries International is partnering with the Internal Revenue Service (IRS) to assist people around the country who may qualify to file for the tax credit. In addition to offering free tax preparation...

Word of the Day
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'