Creating Assets, Savings & Hope
Posted April 25, 2022
The Maine Legislature has approved the supplemental budget and it was signed into law by Governor Mills on Wednesday, April 20. Here are the important details: Inflation Relief Checks Relief checks of $850 will be mailed to most Maine residents, starting in June. To be eligible, you must be a full-time resident and file a… Read more
Posted October 15, 2021
With the next advance Child Tax Credit (CTC) payment due to families on October 15th, advocates across the state are leaving no stone unturned to make sure all Maine kids get the tax credits they deserve. Virtually all Maine families qualify for the credit, but households that don’t typically file taxes may not know this… Read more
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 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
Posted April 3, 2019
By Liane Fiano, Consumer Financial Protection Bureau, March 18, 2019. The Consumer Financial Protection Bureau is a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly. Managing your credit can sometimes seem like a lot of work, but it’s essential. Your credit history plays a big role in your financial… Read more
Posted November 2, 2018
Donna Patrick saw a flyer for the Rainy Day Savings Account matched savings program on the bulletin board at school. Yet it was a year before she got up the nerve to talk to New Ventures Maine and apply for an account. Donna says, “I was afraid there would be strings attached and hoops to… Read more
Posted April 11, 2018
Benefiting from filing taxes University of Maine at Augusta (UMA) student Santa Havener did not know she could benefit from filing taxes. Santa knew she did not owe taxes, since her earnings came from a Work Study job on campus. However, a case manager at Augusta Housing urged her to file taxes and find out… Read more
Posted June 9, 2017
Tax season is over, but in Aroostook, we are hoping that integrating a new activity into our services will help the message of savings last well into next year! This year we encouraged all of our tax filers to complete a savings goal, by writing down something they may be saving for, or want to… Read more
Posted June 9, 2017
In the past two years, Western Maine CA$H awarded two scholarships to students at the University of Maine at Farmington (UMF). To qualify students must take a relevant course of study, prepare taxes for at least 75% of the tax sessions, and receive a recommendation from the tax site instructor. The $600 awards were made possible… Read more
CA$H Maine is a statewide collaboration of ten coalitions, comprised of 50 non- and for-profit partners, working together to help empower Maine individuals and families to achieve long-term financial stability.