Most consumers "are in dire need of their money to pay bills [and] back rent and buy food," O'[Gorman] adds. And since few of them have bank accounts, they can't have the refund direct-deposited. And while firms like Liberty charge higher rates, she likens that to "the difference in cost to take a bus from New York to Los Angeles versus the cost to fly. In most cases, people are willing to pay extra for speed and convenience. The vendor could charge any enormous rate they wanted to," explains Jackie Lynn Coleman, senior director of the National Community Tax Coalition. "They are going after people who need this [refund] urgently. They are preying on the weak." The EITC "puts significant cash lars into the hands of poor people," phasizes Ken Regal, co-director of hunger group Just Harv...
At The Business Council of Westchester in Harrison, Paul Vitale, vice president for community and government relations, said the coalition will support the proposed tax reduction for the region "as a step in the right direction, while we continue to press for the repeal of the MTA payroll tax.
The Detroit Planning and Development Department (PDD), the Detroit Empowerment Zone (EZ) and Detroit Renewal Community (RC) will join a coalition of leaders from Detroit's business community to host a power breakfast and tax seminar for businesses in Detroit's EZ and RC areas.
In a recent survey commissioned by the Society of CPAs, 40% of California voters reported carrying over some level of credit card debt every month and 58% do not save any fixed amount of their earnings monthly. CalCPA has started a financial literacy initiative. CalCPA has created myriad ways for CPAs to participate in the financial literacy initiative: 1. Dollars & Sense, 2. CalCPA/California Jump$tart Coalition, 3. Community Outreach, 4. Tax Call-Ins, and 5. Ask a CPA.
... Support Corporation (LISC), National Community Tax Coalition (NCTC), Seedco, and United Neighborh...
WASHINGTON, Jan. 31, 2011 /PRNewswire-USNewswire/ -- The New Markets Tax Credit Coalition, a national organization that promotes economic activity in low income communities through the New Markets Tax Credit (NMTC) program, appointed Annie Donovan as its new president. The NMTC program provides federal tax credit benefits for investments in businesses and community development projects located in urban and rural communities characterized by high rates of poverty and unemployment. Since its inception, the NMTC program has brought $49.7 billion and 500,000 jobs to distressed communities throughout the nation, leveraging $8 of private investment for every dollar of federal tax credit incentive. Among the nearly 3,000 projects financed with NMTC through 2009, 90% were located in places wher...
LEWISTON - "This is a tremendous help to the community," said Pat Mongeau who attended the Lewiston-Auburn Tax Credit Awareness Coalition's "Super Saturday" on Feb. 10 at Andover College. IRS- trained volunteers provided free income tax preparation from 9 a.m. to 3 p.m. as part of the coalition's Earned Income Tax Credit annual outreach. A total of 122 returns were e-filed during the event. Attendees also took advantage of a financial education "Resource Room," as well as obtaining free credit reports and receiving a one- on-one consultation about the report.
While working on local development, the Los Angelenos presented a film series, moderated by Jack Rothman, Professor Emeritus, UCLA School of Public Affairs. After they screened "Harlan County, USA,"? directed by Barbara Kopple, about organizing a coal miners"(TM) union in the 1930s, Kyle Arnone of the UCLA Institute for Research on Labor and Employment led a discussion for 18 attendees. Next was "The Corporation,"? with a discussion led by Professor Howard Sherman, a progressive economist and former head of the economics department at UC Riverside. Last up was "Howard Zinn: You Can"(TM)t Be Neutral on a Moving Train."? John Marciano, a professor emeritus at Cortland State University who led the discussion, had worked directly with Howard Zinn and is noted for his teaching of historian a...
... forces with over 20 Atlanta labor and community groups to help launch two exciting "? and connecte... of the Atlanta Fighting Foreclosure Coalition among other good causes. A special award went to s...
NEW HAVEN -- New Life Corp. and the Coalition for Working Families offers free income tax preparation for households that earn less than $49,000 yearly. The program ends April 18. The work is done by volunteers trained and certified by the Internal Revenue Service, said New Life Corp. The locations are: New Life Corp., 540 Ella T. Grasso Blvd., New Haven, 1-4 p.m. Wednesdays and Thursdays; Clemente Family Academy, 360 Columbus Ave., New Haven, 6-8:30 p.m. Tuesdays, Wednesdays and Thursdays and 10 a.m.-1:30 p.m. Saturdays; West Haven Community House, 227 Elm St., 6-8:30 p.m. Mondays, Tuesdays and Wednesdays; Columbus Family Academy, 255 Blatchley Ave., New Haven, 6-8:30 p.m. Tuesdays, Wednesdays and Thursdays, and 10 a.m.-1:30 p.m. Saturdays; and Hillhouse High School, 480 Sherman Parkwa...
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