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 […]
Saving Your Tax Refund
Tax refund season is here; according to the IRS, the average refund in the United States in 2016 was around $3,000. This might be the largest check many individuals or families receive all year. How are you going to manage your refund? Saving money can be hard; our tax refunds can provide an opportunity for […]