The Earned Income Tax Credit Works for You

We work hard every day. Doesn’t it only make sense that your hard work shouldn’t be punished by the federal government? Well last December Congress approved a sweeping set of tax policies affecting businesses and individuals. After months of difficult negotiations the final bill was set for passage. Among the tax policies Congress approved was a change that made permanent Earned Income Tax Credit (EITC). Goodwill is supporting the EITC during Assets & Opportunity Network’s Week of Action, and this Friday, January 29 is EITC Awareness Day.

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Taxpayers Receive a Special Gift Just in Time for the Holidays

Tis’ the season of giving, and it appears that Congress has delivered a gift to individual taxpayers and the charitable sector this week. While negotiating a budget deal to keep the government open, lawmakers were also negotiating the extension of a number of tax provisions (52 to be exact), which were set to expire at the end of the year. The tax agreement passed the House on Thursday. The Senate is likely to pass the bill on Friday. Some of the provisions in the agreement were made permanent while others would be reinstated through 2019, reinstated through 2016, or phased out over time.

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Goodwill® Urges Workers Not to Overlook Valuable Tax Credits

Free Tax Assistance and Accessible Online Tools to Help Workers Claim Their Full Refund ROCKVILLE, MD — Millions of workers could miss out on more than $6,000 in extra federal income tax refunds simply because they didn’t know they were eligible for the Earned Income Tax Credit (EITC).  According to the IRS, one out of

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More Than Half of Individuals and Families in the U.S. Now Eligible for Free Tax Preparation and Filing Assistance

Nonprofit Partnership Kicks Off the 2015 Tax Season with Nation’s First Free Online Tax Assistance Initiative Available in All 50 States and the District of Columbia ROCKVILLE, MD — More than half of individuals and families in the United States earned $60,000 or less last year, making them eligible to receive free tax preparation and

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DECLUTTER AND DONATE TO GOODWILL® — DONORS GET TAX DEDUCTIONS AND HELP CREATE JOBS

Families can start now to lower stress and get homes organized for 2015  ROCKVILLE, MD — Now is the time for families to clean out their homes and storage spaces and make room for this year’s holiday presents. There are more than 3,000 Goodwill stores across the United States and Canada that are ready to

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Your Top Five Tax-Filing Myths – Busted!

Question “With tax time getting nearer, I’m getting more stressed about getting my taxes done. There’s a lot of information out there, and it’s hard to suss out what’s true and what isn’t. Any advice you have would be appreciated.” — Max from Berea, KY Answer With so much tax-time misinformation circulating around the Internet,

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Leading Nonprofits Join the Walmart Foundation to Launch MyFreeTaxes, the Nation’s Only Free Online Federal and State Tax Preparation and Filing Initiative for Eligible Taxpayers

The Walmart Foundation, Goodwill Industries International, National Disability Institute and United Way launch 2014 MyFreeTaxes program, the only initiative offering Free Online Federal and State Tax Preparation in all 50 states. BENTONVILLE, Ark- MyFreeTaxes provides free federal and state tax preparation and filing assistance, both online and in-person, to eligible households earning $58,000 or less

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