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A new study released by the nonprofit Corporation for Enterprise Development shows that the poorest 20% of families pay more of their income in taxes than top 1% of families. The national organization also rated Maine in five key areas: financial assets and income; businesses and jobs; housing and homeownership; healthcare and education. View the complete study here: http://scorecard.assetsandopportunity.org/2013/state/me
Make the most of your money. Stop paying to get your taxes prepared, and find out if you qualify for tax credits that you didn’t know you qualified for. If you, or your household, made up to $51,000 in 2012, you can get your income taxes prepared for free by IRS-certified volunteer tax preparers! Find a coalition near you to schedule an appointment.
Ask about our do-it-yourself option if your individual or combined household income is up to $57,000.
The Kennebec Journal featured CA$H Maine’s first IRS-certified training for high school student volunteers. The high school students at the Capital Area Technical Center are working with the Central Maine CA$H Coalition to offer free tax preparation. Check out the full story here.
Thanks to a grant from the Walmart Foundation and a partnership between Goodwill International and United Way Worldwide, we are able to offer a free, do-it-yourself option. If your individual or combined household income is up to $57,000, you can file your federal and state taxes for free!
Family Development Account Coalition – Matched Savings Program — FDAs
The FDA Program enables low-income families to establish savings accounts that will be used to buy a home, pay for education, or start or expand a small business. Participating families establish a savings account to be used toward their identified goal. Matched Savings Programs enhance the money you earn through employment by matching your participant dollars at a 4:1 ratio. For a program description: http://womenworkandcommunity.org/?page_id=101