Tax Credit Returns Millions of Dollars to Hardworking Families Each Year- As the tax season begins, Comptroller Peter Franchot today celebrated the 7th Annual National Earned Income Tax Credit Day by reiterating his goal of raising awareness of what he calls “the most effective anti-poverty tool” available to taxpayers. He marked the occasion earlier today by speaking at the Prince George’s CASH Campaign Kickoff. “The Earned Income Tax Credit (EITC) is the most effective tax credit available to help lift people out of poverty,” said Comptroller Franchot. “Behind the numbers, these are parents and children receiving a better life in Maryland because of the Earned Income Tax Credit. But working families must apply for the credit in order to receive the benefit. I am grateful to work with partners such as the Maryland CASH Campaign, new emerging financial literacy coalitions and Volunteer Income Tax Assistance (VITA) centers throughout the state to provide free tax preparation services for those in need and to promote the EITC to those who qualify.” “Many taxpayers eligible to receive EITC don’t receive them,” commented Robin McKinney, Director of the Maryland CASH Campaign. “The Maryland CASH Campaign and our partners help eligible taxpayers find all the [...]
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