CA$H Maine

Creating Assets, Savings & Hope

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An Essential Guide to Building an Emergency Fund

Posted April 9, 2021

We all experience unexpected financial emergencies—car repairs, unexpected medical bills, broken appliances, loss of income, or even damaged cell phones. Large or small, these unplanned expenses often feel like they hit at the worst times. Setting up an emergency fund is one important way to protect yourself. By putting money aside for these unplanned expenses,… Read more

Older woman and man on the Maine coast

Finding Friendship and Helping Others

Posted August 12, 2020

Retirement Volunteer Opportunity at Aroostook CA$H After retiring in 2018, Phil and Denise Bosse were looking for a volunteer opportunity. Phil was familiar with the CA$H Coalition tax preparation program from his work on Senator Collins’s staff. They both really like helping people and Phil has a secret love affair with numbers. As a small… Read more

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Cutting Expenses

Posted May 5, 2020

A tool from the Consumer Financial Protection Bureau (CFPB) about how to cut costs and reduce expenses to help you cover daily necessities or save for your goals. Finding ways to reduce your expenses can help you better afford the necessities you can’t live without. It can also give you more money every month to… Read more

Five Benefits of VITA and VITA Volunteers

Posted April 24, 2020

Adapted from an article By Jordan Blakemore, 2020 Get It Back Campaign Intern Each year, thousands of IRS certified volunteers offer their time and expertise at Volunteer Income Tax Assistance (VITA) sites across the country to help millions of Americans file taxes free of charge. VITA is an IRS-sponsored program staffed by volunteers who are… Read more

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4 Steps to Spending Your Stimulus Check Wisely When You Don’t Have An Emergency Fund

Posted April 22, 2020

Written by Carolyn Pemberton for America Saves, Category: Blog, Published: 09 April 2020 Most Americans don’t have an emergency fund. While we’re all experiencing this pandemic very differently — some having only minor inconveniences and others finding themselves without a job or having to close their business — those without a savings cushion are vulnerable… Read more

100 dollar bills

Economic Impact Payments – IRS Updates, April 10

Posted April 13, 2020

The IRS is committed to helping you get your Economic Impact Payment as soon as possible. The payments, also referred to by some as stimulus payments, are automatic for most taxpayers. No further action is needed by taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees. Read more here. Who… Read more

Economic impact payments: What you need to know

Posted April 2, 2020

Updated with new information for seniors, retirees on April 1, 2020. Also see Treasury news release. Check IRS.gov for the latest information: No action needed by most people at this time IR-2020-61, March 30, 2020 WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in… Read more

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Prioritizing bills

Posted March 24, 2020

Tips from the Consumer Financial Protection Bureau (CFPB). For expenses like utilities, phone and internet, mortgages, or insurance, many providers are offering flexibility to customers facing financial strain. Check with your service providers or contact 211 for special resources available in your area. Making a short-term plan can help you identify the consequences of failing… Read more

Income Tax Form

Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed

Posted March 23, 2020

News Release from the IRS IR-2020-58, March 21, 2020 WASHINGTON — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15,… Read more

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Protect yourself financially from the impact of the coronavirus

Posted March 20, 2020

Leer en Español By CFPB – MAR 16, 2020 Federal, state, and local governments are working to respond to the growing public health threat of coronavirus, or COVID-19 . As communities across the country are dealing with an increase in the number of reported cases, many areas may be impacted by the temporary closure of businesses, schools and other public… Read more