Posted by: Providence Chamber of Commerce | January 23, 2012

Kick off of 11th Annual Earned Income Tax Credit Awareness Campaign

GPCC, represented by Senior Vice President Janet Raymond, was on hand today as Providence Mayor Angel Taveras joined other community group representatives this morning at the John Hope Settlement House to kick off the 11th Annual Earned Income Tax Credit Awareness Campaign (EITC).

The Earned Income Tax Credit (EITC) is the nation’s largest federal work support program, offering a credit, for certain people who don’t earn a high income, on their tax return. The Providence Earned Income Tax Credit Campaign boosts the impact of the credit locally, by raising awareness to eligible families, and by providing free tax-preparation and financial literacy education through the Volunteer Income Tax Assistance (VITA) program.

Collectively, residents received $3.1 million as a result of the Providence EITC/VITA campaign last year. State wide, the program brought close to $165 million to residents who included this credit on their return. In fact, close to 78,000 families each received an average $2,000 return.

We know more can be done this year, through comprehensive education to RI residents on the eligibility requirements.

Local businesses are encouraged to support the program by:

Notifying employees through printed information on pay stubs, with such language as:  “Boost your income through the EITC!”

Encouraging employees to visit the City of Providence web site at http://www.providenceri.com for information on the tax credit.
                                                                                                                                                           Enlisting your workers and colleagues to become volunteer tax preparers at area Volunteer Income Tax Assistance sites, which provide, free of charge to eligible workers, prompt tax help.
                                                                                                                                                   Displaying EITC posters and posting this information on your company website.

John Hope Settlement House is the lead agent for the Providence EITC/VITA Campaign, which is funded by the United Wayof Rhode Island; with support from the City of Providence and the IRS. Additional support is made possible by Citizens Bank, The Washington Trust Company, Bank of America and the GPCC.


Responses

  1. Your idea is outstanding; the issue is something that not enough people are speaking intelligently about. I am very happy that I stumbled across this in

    • Thank you! We appreciate your support and comments~


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