News & Events
Study Shows the Poorest 20% of Families Pay More of their Income in Taxes than top 1%
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
Are you leaving money on the table? Get your income taxes prepared for free!
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 $57,000.
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CA$H Maine Launches Tax Training Program for High School Volunteers
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.
Recent Study Shows EITC Improves Children’s Math and Reading Scores
A 2011 National Bureau of Economic Research study found math and reading scores improved as the Earned Income Tax Credit expanded. The study, “The Impact of Family Income on Child Achievement: Evidence from the Earned Income Tax Credit,” used historical changes in the federal EITC to estimate the effects of income.
Build your resume doing good
Every so often you get the chance to do good by everyone…. even yourself. CA$H Maine can make it happen. Volunteer as an IRS-certified Tax Preparer or as a Greeter and Asset Coach. We provide free IRS-certified training, you get a marketable skill and the priceless satisfaction of helping your neighbors who earn a low- to moderate-income. And all it takes is 3 hours a week, for at least 4 or 5 weeks during tax season. Find a coalition near you to get started as a volunteer.
Thousands of Mainers benefit from Volunteer Income Tax Assistance Program
The Creating Assets, Savings, and Hope (CA$H) Maine coalition has wrapped up another record-breaking tax season, helping 3,635 taxpayers file federal and state income taxes that resulted in nearly $7 million worth of federal refunds going
FDA Accounts! Go to school, buy a home, or start a business
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
Tags: syndicated
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.
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