Tax Credits
There are several tax credits that can help reduce the amount of taxes you owe or boost your refund. Follow the links below to learn more about tax credits you may be eligible for.
- Earned Income Tax Credit: The federal government’s largest anti-poverty program is for low- to moderate-income working individuals and families.
- Earned Income Tax Credit Assistant: Use this free, easy tool at irs.gov to see if you qualify.
- Child Tax Credit: This credit may be worth up to $1,000 per qualifying child depending on income.
- Child and Dependent Care Credit
- Education Credits: Get credit for a higher or advanced education.
- Retirement Savings Contribution Credit (Saver’s Credit): Find out how saving money for retirement can help you.
Every so often you get the chance to do good by everyone…. even yourself. CA$H Maine can make it happen. Volunteer as an IRS-certified Tax Preparer or as a Greeter and Asset Coach. We provide free IRS-certified training, you get a marketable skill and the priceless satisfaction of helping your neighbors who earn a low- to moderate-income. And all it takes is 3 hours a week, for at least 4 or 5 weeks during tax season. Find a coalition near you to get started as a volunteer.
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 $50,000 or less in 2011, get your income taxes prepared for free by IRS-certified volunteer tax preparers! Find a coalition near you to schedule an appointment.
Use the following free local and national resources to make the most of your money [ MORE ]
HoMEworks educators and HUD approved Housing Counseling agencies
The HoMEworks goal is to provide a standardized, comprehensive homeownership education program to be delivered by a network of industry professionals in neutral environments throughout Maine. Buyers who have taken the home buying classes are more confident when asking questions and making decisions about homeownership and loan products. Education gives buyers the tools they need to avoid predatory lending and possible foreclosure.
Click on the following links for more HoMEworks information.