Happy Earned Income Tax Credit Day!
The EITC is a very helpful way for low-moderate income working Americans to get extra money on their taxes. EITC is a financial boost for working people in a recovering economy. Unfortunately, not all Americans who qualify take advantage, but it’s getting better — last year four of five eligible people claimed and got their EITC!
The IRS says: You earned it. Now file, claim it and get it. It’s easier than ever to find out whether you qualify.
Low-income consumers can also take advantage of the IRS FreeFile service to avoid the high costs of tax preparation software or the risk of using a fly-by-night tax preparer.