Tax Preparation Assistance Program Continues
In 2007, with support from United Way, The Children’s
Network of Solano County partnered with the Family Resource Center Network to
create Solano’s Earn it! Keep it! Save it! Campaign, our Earned Income Tax
Credit Program (EITC). EITC has provided
a significant additional amount of financial resources for eligible families.
Since the program’s inception in 2007, the overall federal refund generated for
families by the FRC’s and our partners has grown from $890,420 in 2007 to a
total of $3,804,247 in 2012.
Additionally, as an integral part of this program, financial
literacy and banking opportunities are provided to clients while they wait
their turn for tax return computations. This increases the family’s capacity to
save funds for future needs and helps them avoid predatory lenders and other
financial risks.
The 2013 program is in high gear, having completed
successful sessions at The Fairfield Library, Vacaville Cultural Center
Library, and Suisun City Library in February.
Sessions will be held at several Vallejo locations in March.
County residents may also use a free, IRS-provided web site to prepare their taxes. The site, MyFreeTaxes.com, is available to anyone with an income of less than $57,000.
County residents may also use a free, IRS-provided web site to prepare their taxes. The site, MyFreeTaxes.com, is available to anyone with an income of less than $57,000.