CA$H Maine

Creating Assets, Savings & Hope

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Financial Fitness in the New Year

Posted January 18, 2017

Improve your financial fitness in 2017 by taking a free class with New Ventures Maine: Career Planning: Wed., Feb. 1 – March 1, 9:30 a.m. – 12:00 p.m., Lithgow Library Introduction to Self-Employment: Wed., Feb. 15, 9:00 – 11:00 a.m., Augusta Career Center Building Confidence: Tues., Feb. 7 & Feb. 28, 4:30 – 6:00 p.m., Gardiner… Read more

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Thomas College Students Volunteer for Central Maine CA$H Coalition

Posted January 13, 2017

Thomas College students are volunteering at the Central Maine CA$H VITA tax clinics again this tax season. This is a win-win for Central Maine community members and for Thomas College students.  Area residents will get their taxes prepared for free by reliable volunteers. Thomas students will gain valuable training and experience as certified volunteer tax preparers. The… Read more

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Time for a Change?

Posted January 13, 2017

Plan for your future with free classes at New Ventures Maine!   Work for Yourself at 50+: Thursday, February 16, 2017, 6:00-8:00 at Messalonskee High School Building Confidence: Thursdays, March 9 & March 16, 2017, 6:00-8:00 at Skowhegan Area High School Budgeting Basics: Monday, March 20, 2017, 5:30-7:30 at Warsaw Middle School in Pittsfield Introduction… Read more

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Free Tax Prep. in Augusta

Posted January 3, 2017

Capital Area CA$H VITA tax clinics will take place on Tuesday evenings in February and March 2017. You may qualify to have your taxes prepared for free if your household income was less than $54,000 in 2016. Learn if you qualify for Earned Income Tax Credit and/or Child Tax Credit. Use direct deposit for a faster refund…. Read more

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Credit in December

Posted December 20, 2016

It is important to remember the following things as we are bombarded with store credit card offers during the holiday season. A few tips to keep in mind: Deferred interest deals are often something used to lure in new customers, but could leave your bank account hurting. In many cases, if you miss a payment,… Read more

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‘Tis The Season for Higher Energy Costs

Posted November 8, 2016

As another cold Maine winter approaches, small changes can add up to big savings on energy costs. For instance, having your furnace cleaned and serviced can make it work more effectively, saving you money on heating oil. Check out these energy efficiency tips from Efficiency Maine: Turn the thermostat down to 55 degrees when the house… Read more

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What is the Child and Dependent Care Credit (CTC)?

Posted October 31, 2016

A credit for the costs of care for a qualifying individual to allow you to work or look for work. The dollar limit on the amount of the expenses you can use to figure the credit is $3,000 for the care of one qualifying individual or $6,000 for two or more qualifying individuals. The amount of your credit is… Read more

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What is the Saver’s Credit?

Posted October 31, 2016

A credit to help low- and moderate-income workers, who have an adjusted gross income (AGI) that does not exceed $30,000 ($45,000 if head of household; $60,000 if married filing jointly), save for retirement. Find out more information about this credit here. Read more

Income Tax Return Photo

What is the Earned Income Tax Credit (EITC)?

Posted October 31, 2016

The Earned Income Tax Credit, EITC or EIC, is a benefit for working people with low to moderate income. To qualify, you must meet certain requirements and file a tax return, even if you do not owe any tax or are not required to file. EITC reduces the amount of tax you owe and may… Read more

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Finding Health Insurance—What to Look For!

Posted October 20, 2016

Whether you’ve just turned 26 and are moving off a parent’s healthcare plan or you’ve recently left a job and need to find your own insurance, navigating health insurance can seem tricky and overwhelming. However there are a number of resources out there that can help you know how to compare plans, what questions to… Read more