The Earned Income Tax Credit In North Carolina: Or, How To Kill A Unicorn Without Even Thinking.

  A few other facts and voices on why the elimination of tax prep for 100,000+ SECU members was yet another blunder by the "We Are SECU Board". A case of "We B" ivory tower syndrome? Another step backwards for SECU members and North Carolina...

Governor Cooper Encourages Eligible North Carolinians to Claim Earned Income Tax Credit

✅ February 14, 2023 - Governor Cooper recently joined the United States Department of the Treasury and Internal Revenue Service in encouraging eligible North Carolinians to claim the tax credit on their upcoming federal taxes.

“North Carolina families should take a moment to determine if they are eligible for the Earned Income Tax Credit,” said Governor Roy Cooper. “This can help hard working families with tax relief they deserve.”

For over forty-five years, the EITC has been supporting hardworking people by offering tax credits to low- to moderate-income workers and families. The EITC, combined with the Child Tax Credit (CTC), lifts over nine million people out of poverty annually – half of them children.

------------------------------------------------------------------------------------

✅ 9/26/2023– NCUA is co-hosting a webinar today with the Internal Revenue Service about the Volunteer Income Tax Assistance (VITA) program on Sept 7. The webinar will begin at 1 p.m. ET.

The VITA program is an IRS initiative designed to support free tax preparation services for underserved communities. The webinar is titled “Make a Difference in Your Community by Participating in the IRS Volunteer Income Tax Assistance (VITA) Program.

------------------------------------------------------------------------------------

    

----------------------------------------------------------------------------------------

  By design, the EITC only benefits working families. Children are one of the primary beneficiaries of the EITC since families with children receive a much larger credit than workers without qualifying children. For its potential as a strong economic support to families, The Centers for Disease Control and Prevention advises that boosting a family’s financial security can reduce child abuse and neglect by improving parents’ ability to meet the family’s basic needs, provide quality childcare, while reducing parental stress and depression.

--------------------------------------------------------------------

 

 

.... but y'know the "We B's" know best!