Eye on the Long-Term: COVID-19, VITA, and the Future of Free Tax Preparation Tuesday, November 17 I 1pm – 2pm EST The COVID-19 crisis completely altered the VITA landscape and tax preparation in this extended 2020-tax season. The VITA community was forced to retool to meet the moment for its existing clients – primarily without…
DetailsEarlier this week, New Jersey Governor Phil Murphy (D) signed legislation to expand New Jersey’s EITC from 39 to 40 percent of the federal credit and lower the age of eligibility from 25 to 21. Learn more about the legislation here. According to the Governor’s office, this expansion will benefit an additional 60,000 workers across…
DetailsWhat do Taxes have to do with Equity? Connecting Policy and Grassroots Strategies to Advance Race, Gender and Immigrant Equity through Tax Policy Tuesday, October 20, 2020 ** 1:00 pm – 3:00 pm ET a virtual funder convening In a time when our communities are grappling with the multiple challenges of the pandemic, economic insecurity,…
DetailsA Conversation with Rosemary Veniegas, Senior Program Officer, Health; Rosie Arroyo, Senior Program Officer, Immigration; and Ellah Ronen, Senior Program Officer, LA n Sync of the California Community Foundation. Tell us about the EITC-related work you are currently supporting, and the path that led you to invest in this work? The California Community Foundation made…
DetailsThe CARES Act provided some financial relief to Americans impacted by COVID-19 in the form of Economic Impact Payments. However, millions of Americans entitled to EIPs have yet to receive them. Numerous resources have been established to help guide direct service and community organizations in providing information and guidance to those who need it, including:…
DetailsThe National Consumer Consumer Law Center (NCLC) has released its 2020 update to a 2018 report that compiled the stories of borrowers experiencing hardship in the wake of the federal government’s seizure of their EITCs due to student loan defaults. The report highlights the devastating impacts that can result from these fund confiscations, especially amidst…
DetailsStates are leading the way in making the EITC more inclusive for immigrant communities, many of whom are barred from accessing the federal EITC. This summer, Colorado, along with shepherding a state increase from 10 to 15 percent of the federal credit, became the first state to allow all state ITIN filers to claim the…
DetailsA new report from the Center on Budget and Policy Priorities recommends temporarily making the CTC fully refundable t and increasing the value of the EITC for workers without dependent children. Expansions could benefit an estimated 10.4 million rural residents. These provisions were both included in the U.S. House of Representatives’ recently passed Health and…
DetailsProsperity Now has released its 2020 version of the report: From Upside Down to Right-Side Up: Turning the Tax Code Into an Engine for Economic and Racial Equality. As the authors explain: Upside down provisions within the tax code are designed in ways that overlook or lock out communities of color, widening inequities facing these…
DetailsTax day 2020 arrived this week, and with it some exciting news from Colorado as it becomes the first state to expand EITC eligibility to taxpayers with Individual Taxpayer Identification Numbers (ITINs), a major step toward making the EITC more inclusive for immigrant families and enhancing the credit’s impact. The EITC is a financial lifeline for…
DetailsThe Institute for Women’s Policy Research (IWPR) and the University of California-Berkeley’s Work-Family Supports and Health Research Hub recently hosted the webinar: Work Supports and Health: The Earned Income Tax Credit. The COVID-19 global pandemic is having a substantial impact on the economy; most experts agree that the United States, among other countries, is headed…
DetailsA new report from the Center on Budget and Policy Priorities encourages states to enact and strengthen state-level Earned Income Tax Credits (EITC) to create an anti-racist policy response to the COVID-19 crisis. The report – 3 Principles for an Anti-Racist, Equitable State Response to COVID-19 – and a Stronger Recovery, lays out principles to…
Details
