The Health & Welfare Council of Long Island (HWCLI) is partnering up with the Center on Budget and Policy Priorities (CBPP) to bring awareness to the Volunteer Income Tax Assistance (VITA) Program and the Earned Income Tax Credit(EITC) on #EITCAwarenessDay.
EITC is one of the most effective anti-poverty programs out there. According to the CBPP, “The Earned Income Tax Credit (EITC) for low- and moderate-income workers has been shown to increase work, reduce poverty, lower welfare receipt, and improve children’s educational attachment.”
VITA sites provide free tax preparation services to families earning less than $54,000, helping them to avoid unnecessary fees and gimmicks.
Last year, 7.1 million New Yorkers received 4.1 billion dollars in Earned Income Tax Credits. That’s an average refund of $2,366 per household. Long Island VITA sites assisted almost 14,000 people in tax preparation and helped 2,500 people receive their EITC and CTC (Child Tax Credit).
A family’s tax refund offers a chance to put some money into savings, to pay off a late bill, or to finally get those repairs done. It puts money that was earned back into their pockets.
VITA and EITC can give families the boost they need during tax season. Help us raise awareness by participating in our Tweet Chat this Friday!
Use the #EITCAwarenessDay to participate.