LOCAL GOVERNMENTS PROVIDING FREE TAX PREP HELP AND INFO ON APPLYING FOR THE EARNED INCOME TAX CREDIT03/01/07
Radioactivity: Live Call-In (Thursday) | Listen to this entire show:
Our guest in this segment was Cherin Stover,
Project Coordinator, Pinellas County
Wealth Building Coalition
727-328-0618She discussed her coalitions efforts to increase public awareness so more individuals and families know about and claim the EITC (Earned Income Tax Credit), CTC and other credits. (The IRS estimates that up to 20% of those eligible are not claiming the credit, which means millions of lost dollars to the local economy.)
She also suggested that people call 211 to find the locations of free tax preparation sites to increase participation and reduce fees related to commercial filing. She warned people against filing their income taxes with payday loan places which extract a high interest rate from advances on tax refunds.
She also discussed the availability of free checking accounts through Wachovia.