Tax Day is just around the corner. Therefore, it’s a good time to think about the mistakes that tax experts say we make in filing our taxes. Since 2009, United Way has helped some 1.45M people across the U.S. save $290M in filing fees. Additionally, they help people get more than $2.1B in refunds through […]
Earned Income Tax Credit
The Earned Income Tax Credit (EITC) is a federal, refundable tax credit from the Internal Revenue Service (IRS) that helps boost the incomes of low-wage, working families. In 2013, more than 354,000 Colorado taxpayers received $772 million in federal EITC refunds. Taxpayers who qualify for the federal EITC also qualify for the state EITC. Colorado’s […]