YCCAC VOLUNTEER TAX SPECIALISTS HIT HIGH MARK IN 2018
May 30, 2018
With the close of the 2017 tax season, York County Community Action Corporation is pleased to announce a significant increase in tax filings over the previous year.
In a letter to Meghan Arzberger, Director of Economic Opportunity at YCCAC, Tess Armstrong, IRS, Stakeholder Partnerships, Education & Communication (SPEC), writes: “Your efforts in 2018 have resulted in a 25% increase in production above 2017 figures—with over 469 federal tax returns accepted, generating over $769,000 in refunds, which includes $354,000 in Earned Income Tax Credit (EITC).”
YCCAC’s York County CA$H program provides free preparation of basic federal and state tax returns for those with adjusted gross income below $52,000. All tax prep services are provided by IRS-certified volunteers. Volunteers can help determine what special tax credits clients might be eligible for, such as Earned Income Tax Credit, Child Tax Credit, and Credit for the Elderly and Disabled.
According to the Center on Policy and Budget Priorities, the EITC lifted about 5.8 million people out of poverty in 2016, including about 3 million children.
“Research indicates that families mostly use the EITC to pay for necessities, repair homes, maintain vehicles that are needed to commute to work, and in some cases, obtain additional education or training to boost their employability and earning power,” states the CPBP.
Ms. Armstrong continued: “You’ve had the great fortune of drawing very talented volunteers to your program, and I’d like to recognize the volunteer tax preparers who share a very special and valuable talent with Maine taxpayers.”
YCCAC’s Economic Opportunity program is strongly focused on financial wellness. Providing tax services to York County families who might otherwise pay hundreds of dollars for the same assistance—money that could go to better use—is but one way to help families achieve financial stability and independence.
“When people come to file taxes with us, we not only provide tax preparation, but also talk about financial capability and other available resources and opportunities,” Ms. Arzberger said.
Since 2002, York County CA$H has helped more than 5,000 eligible York County residents collect nearly $9 million in federal and state tax refunds at IRS-sponsored VITA (Volunteer Income Tax Assistance) sites throughout York County. York County CA$H is a member of CA$H Maine, 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.