Thursday, February 9, 2012

United Way promotes federal tax credit - New Mexico Business Weekly:

iwyqaxewun.wordpress.com
The organization said the tax credit liftxs more children out of poverty than any otherrfederal program. An increase in those seeking the tax credit would improve financial stabilitt ofarea families, which is one of Uniteds Way's focus areas. More than $350 million was claimedd in 2007 throughoutCentral Florida, yet the Internal Revenue Service estimates that up to 25 percent of those eligible to claimk the credit failed to do so because of lack of according to a Heart of Florida Uniteed Way release.
Tax credits can result in refund rangingfrom $438 to $4,824, according to the United Way is offering free informative sessions on the tax creditd and materials in English, Spanish and Creols for employers to help employees take advantagwe of program benefits. More than 30 free tax preparationj sites have been established by the IRS Volunteer Incomed Tax Assistanceand Tax-Aide programs to help residentse prepare their taxes. and the are sponsoring the campaignm and the city of Orlando is also promoting the tax credity benefits and free tax preparation Heart of Florida United Way isCentral Florida’s largest provider of funde to the region’s health and human service programs.

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