Creating Assets, Savings & Hope
Posted June 28, 2021
By Kia Young, America Saves The easiest and most effective way to save is automatically. Think about it, saving automatically is the exact same way that millions of employees save through 401(k) and other retirement programs at work. So, taking that same concept— that you can “set it and forget it” and adjust to money… Read more
Posted June 17, 2021
American Sign Language Tax Day with student interpreters, CA$H Greater Portland Pictured left to right: Thomas Minch, Alison Stroshane (USM Student), Stephanie Crowley (USM Student), Sarah Vigliano (USM Student), Kerrie Keller, Meryl Troop, Joni Boissoneault and Christie Gaydos. “I would say it is one of the more rewarding things you could possibly do… there is… Read more
Posted June 1, 2021
Your questions about the Child Tax Credit answered by the GetItBack Campaign What is the Child Tax Credit (CTC)? The Child Tax Credit helps offset the costs of raising kids. The CTC has two components. First, the credit reduces income taxes you owe. If your credit is more than the taxes you owe, you get… Read more
Posted April 9, 2021
We all experience unexpected financial emergencies—car repairs, unexpected medical bills, broken appliances, loss of income, or even damaged cell phones. Large or small, these unplanned expenses often feel like they hit at the worst times. Setting up an emergency fund is one important way to protect yourself. By putting money aside for these unplanned expenses,… Read more
Posted August 12, 2020
Retirement Volunteer Opportunity at Aroostook CA$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
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
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
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
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
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
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.