Creating Assets, Savings & Hope
Posted October 31, 2016
Depending on your adjusted gross income reported on your Form 1040 series return, the amount of the credit is 50%, 20% or 10% of: contributions you make to a traditional or Roth IRA, elective salary deferral contributions to a 401(k), 403(b), governmental 457(b), SARSEP, or SIMPLE plan, voluntary after-tax employee contributions made to a qualified… Read more
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
Posted February 2, 2016
A. You should first contact the IRS to see what your options are. If you cannot resolve the problem contact the Taxpayer Advocate Service, a free service within the IRS and see how they can help. Read more
Posted January 28, 2016
A. You can find upcoming workshops and classes at cashmaine.org/class-listings/. Read more
Posted January 28, 2016
A. You can locate information about classes and workshops here. Read more
Posted January 15, 2016
A. There is a wide range of opinions about how big an emergency fund should be. The amount you need to have in an emergency savings fund depends on your situation. Think about the most common kind of unexpected expenses you’ve had in the past and how much they cost. This may help you set… Read more
Posted January 15, 2016
A. An emergency fund is money saved for unexpected expenses such as car or home repair, medical bills or loss of job. Read more
Posted January 15, 2016
A. You may have expenses that are not consistent each month or happen only one time. The best way to budget for these expenses is to have an emergency fund. You can do this by listing them as a separate item on your budget sheet and setting up an automatic transfer to the account the… Read more
Posted January 15, 2016
A. If you know that you will be paying bank fees such as maintenance fees or ATM fees on a regular basis you will want to include these in your budget. By having these fees in your budget you are less likely to find yourself not able to pay them. Read more
Posted January 14, 2016
A. Click here to find out more information. Read more
CA$H Maine is a statewide collaboration of eight coalitions, comprised of 50 non- and for-profit partners, working together to help empower Maine individuals and families to achieve long-term financial stability.