Obama stimulus is a bad deal Feb 8, 2009
The Stimulus is insane wrote on Feb 3, 2009 10:48 AM:" I thought the purpose of the stimulus was to create jobs and improve our infrastructure. When only 5% of the bill is for infrastructure it sound like our new Democratic president is selling us the same old bill of goods.$150,000,000 for honey bee insurance- new jobs?$198,000,000 for Filipino veterans of World War II - new jops?$4,000,000,000 for nonprofits - new jobs$650,000,000 on top of the previous $1,300,000,000 for digital TV conversion... (Bismarck Tribune, ND)
Even in hard times, don't ignore the IRS Feb 7, 2009
Among them: the Earned Income Credit, education credits and the Recovery Rebate Credit. The stimulus checks that people received last year actually were an advance payment on the Recovery Rebate Credit. (MSNBC -- Business)
Congestion Pricing Opponents Rally Ahead Of Vote Mar 31, 2008
Amendments to the bill include language that will make certain lower-income New Yorkers and those eligible for the earned income credit tax are reimbursed for congestion price fees. IMAGES IN THE NEWS. (WNBC.com, NY)
Group offers free tax preparation for low income residents Mar 1, 2008
Many low income tax returns will qualify for Earned Income Credit (Schedule EIC), which can increase the amount of money due the taxpayer significantly, according to Jay Kerrigan of ISED Ventures headquartered in Des Moines. Church volunteers in Keokuk collect the tax data and forward it to Kerrigan who prepares the returns. (Keokuk Daily Gate City, IO)
Many low- and moderate-income workers can get money from the IRS Feb 26, 2008
The Earned Income Credit (EIC), also known as the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) are federal tax benefits for low- and moderate-income workers. The EIC can be worth up to 4,716 for families who worked in 2007, and up to 428 for workers who aren t raising eligible children. (Menomonie Dunn County News, WI)
Better use for funds Feb 24, 2008
As a tax preparer, every year I see thousands of dollars paid out for the Earned Income Credit. This credit is refundable even if you have no tax liability. (Fresno Bee -- Opinion)
EITC provides tax credit to low-income American workers Feb 22, 2008
The EITC itself - also known as an earned income credit - was created in 1975 partly to offset the burden of Social Security taxes and to serve as a work incentive. Specifically, it reduces the tax amount owed, which can result in the refund. (Mexico Ledger, MO)
OFFICE/GRANTS MANAGER Feb 21, 2008
This push pin is accurate to city level. It does not reflect the exact job location. (The Clarion-Ledger)
Letter: Track immigrants via Social Security Feb 17, 2008
If the government wanted to round up the people who are filing these returns, they could do it in less than a week, and our government wouldn t be spending billions of dollars paying earned income credit to illegal immigrants. -Ian L. Edward Marysville. (Appeal Democrat, CA)
VITA provides tax help for low income taxpayers Feb 8, 2008
Badders and Hoover can prepare basic forms like the 1040, homestead tax refund, food sales tax refund, child and dependent care credit and earned income credit. It's not complicated, Badders said, and the IRS computer program automatically prompts him to check for any credits or refunds for which the taxpayer might be eligible. (Pratt Tribune, KS)
County Lines for February 6, 2008 Feb 6, 2008
The volunteers are specialists in such senior issues as pensions and IRAs, as well as issues facing working taxpayers, including the child tax credit, earned income credit and education credits. Returns are electronically filed, and refunds are usually received within 10 days, the spokesman said. (Santa Maria Times)
Op-Ed / Jerry Jackson: The hair of the dog Feb 6, 2008
It is a shame the Senator can so conveniently forget that we already have a program where low income workers can get back all their payroll taxes and more and still get credit for building up their Social Security benefits it is called the Earned Income Credit. Is there a real difference between the Republican and Democratic approach to debt and any proposed stimulus package. (Heber Springs Sun-Times, AR)
Op-Ed / Jerry Jackson: Danger - Rain may include thunderstorms Jan 23, 2008
His proposal triple the earned income credit from around 5 thousand to 15 thousand dollars a year which means that not only will you not pay income tax, you will file a schedule with your income tax return and receive additional welfare each year. Is this why John Edwards seems to talk predominately out of one side of his mouth. (Heber Springs Sun-Times, AR)
Get your taxes done for free Jan 19, 2008
The volunteers will determine if clients are eligible for the Earned Income Credit (EIC) and/or the Child Tax Credit (CTC). EIC is a federal refundable income-tax credit for working families with lower incomes. (Park Hills Daily Journal, MO)
Best care training set Jan 17, 2008
Learn about Earned Income Credit, Child Tax Credit, Tax Credits for Child Care, and Volunteer Income Tax Assistance. Values for Early Childhood Educators will address an important issue. (Truman Democrat, AR)
In '08, taxes are again inevitable, but credit card debt doesn't have to be Jan 9, 2008
For some taxpayers, big refunds are unavoidable because of unpredictable incomes or the impact of the earned income credit. But for the most part, Americans simply have too much money withheld from their paychecks, needlessly crimping their cash flow and in some cases leading to debt. (Boston Globe)
Immigration study misleading, negative Dec 22, 2007
Call it like it is: whether it's food stamps, Medi-Caid, subsidized housing, WIC, cash aid, Earned Income Credit, SSI, etc. it's all welfare. (North County Times)
Edwards: Every voice should be equal Dec 11, 2007
Tax policy changes that would help the poor, Edwards said, include expanding the Earned Income Credit and getting rid of the marriage penalty, which "makes absolutely no sense.". He said faith-based groups have made headway in impoverished areas, and he was a part of one in Urban Ministries before he went to the Senate. (Sioux City Journal, IO)
Volusia, Flagler rank near middle in costs for basics Nov 21, 2007
Earned Income Credit: -$97. Child Tax Credit: -$83. (Daytona Beach News Journal)
Wrangling Over Taxes With Charlie Rangel Nov 5, 2007
However his bill contains provisions to expand the earned income credit. I can't see how that ties into AMT relief for the middle class. (Wall Street Journal)
5 comments Oct 31, 2007
The NTU reports Count Rangula s claim that 91 million families will benefit from his tax scheme, but that number includes a spending giveaway to millions receiving the Earned Income Credit, which are households that currently pay no taxes. Count Rangula is playing the familiar liberal Democratic class warfare game, which punishes the productive while subsidizing the nonproductive (but able-bodied). (Human Events Online)
Count Rangula Oct 30, 2007
On the blog now: Updated at 7:10 AM. Updated: 11:47 PM 10/29/07. (Townhall.com)
Charlie Rangel is Count Rangula Oct 30, 2007
The NTU reports Count Rangula s claim that 91 million families will benefit from his tax scheme, but that number includes a spending giveaway to millions receiving the Earned Income Credit, which are households that currently pay no taxes. Count Rangula is playing the familiar liberal Democratic class 00004000 warfare game, which punishes the productive while subsidizing the nonproductive (but able-bodied). (Human Events Online)
CAL THOMAS: Tax proposal is scarier than 'Saw' sequel Oct 30, 2007
According to the NTU, "families who would qualify as upper-middle class in many metro areas would see their tax rates go as high as 44%, compared with the 35% or less they are now paying."The NTU reports Count Rangula's claim that "91 million families" will benefit from his tax scheme, but that number includes a spending giveaway to millions receiving the Earned Income Credit, which are households that currently pay no taxes. Count Rangula is playing the familiar liberal Democratic class warfare... (Fresno Bee -- Opinion)
How tax code will be adjusted for inflation next year Oct 24, 2007
-- Earned income credit: The maximum earned income tax credit for low- and middle-income workers and working families with two or more children goes to $4,824 from $4,716 this year. The income limit for the credit for married couples filing jointly with two or more children will be $41,646, up from $39,783. (San Francisco Chronicle)
Same-sex marriage: 'A cruel imposter' Sep 20, 2007
Etienne wrote on Sep 19, 2007 1:30 PM:" I wanted to respond to B.A.'s comments and suppor the author: Please show me where Christianity denounces "killing". Also, homosexuals are not asking for "rights", they have the same rights as all other Americans. What they want are tax breaks. If tax breaks are "rights", then Bill Gates should be demanding the Earned Income Credit (because why should he be denied the same rights as low-income families, poor guy?) Further, if my child "were homeosexual" I... (Sioux City Journal, IO)
CTA Takes Issue With LAANE Report Aug 31, 2007
The report also based their economic analysis on a number of things including general welfare programs, earned income credit, section 8 housing and reduced lunch programs for children, yet they could not substantiate the number of drivers believed to participate in these programs. If approved, the Clean Truck Plan would displace thousands of independent owner-operators who currently operate at the ports, and force smaller trucking companies out of business. (PR Newswire)
Health programs our largest challenge Aug 5, 2007
Herb wrote on Aug 5, 2007 7:53 AM:" Is Conrad trying to say that those who earn less than $50,000 deserve the same tax cut as those earning over $1,000,000? How can somebody that doesn't pay income tax (or much of it) get a huge income tax cut? It would be like telling North Dakotan's that everyone would get property tax relief even if you didn't pay property tax. If you have a million dollars of taxable income you pay roughly 330,000 in tax as a single filer. Taking into acocunt the standard... (Bismarck Tribune, ND)
A Progressive Tax Plan For Kids Jul 9, 2007
(Citizenship requirements would apply, and those taking the earned income credit could not take the child credit too. Dependents not covered by the $4,000 credit get $500 instead. (CBS News)
'Make them voters' Jun 30, 2007
Ever here of the earned income credit. When was an illegal prevented from wiring U.S. dollars out of the country. (Fresno Bee -- Opinion)
Press Briefing on Health Care by Senior Administration Officials Jun 28, 2007
Sic* One is an earned income credit. The President was very interested in that; it was part of our discussion. (White House News Releases)
Sextuplet family turns to Web for help Jun 15, 2007
Carol Sowers The Arizona Republic Jun. A Lake Havasu City couple, whose highly publicized sextuplets were born Tuesday in Phoenix, have joined other multi-birth parents across the nation who have discovered that the Internet is a powerful marketing tool to raise money and ask for gifts. (AZCentral -- News)
Rell vetoes Democratic tax package; Republican governor calls for an end to partisan feuding Jun 2, 2007
The bill was on Rell's desk because the Senate - for the second time in two days - voted 19-17 to approve a measure that would raise $411 million in new taxes next fiscal year through the income, sales, and cigarette levies and would create an earned income credit within the income tax to help poor families save money. The governor's veto message criticized the Democrats' plan to join a multistate collaborative to collect sales taxes on Internet transactions. (Journal Inquirer, CT)
Iowa expands earned income tax credit May 17, 2007
Under the bill, the credit will be equal to 7 percent of the larger federal earned income credit, up from 6 ... Democrats countered that the earned income credit stood unchanged during several years of Republican control. (Waterloo-Cedar Falls Courier)
Illegal or not, people are people May 10, 2007
John to Bluto wrote on May 9, 2007 9:22 PM:" See the problem is that you are not stating your moral belief with just your dollar but you are compelling people to use their tax dollar also or they go to prison. I imagine most of these people pay no federal tax. Let me explain the numbers. I have 4 children and don't make much so I get a lot of 'earned income credit' as part of my taxes. This means that I actually have a negative tax rate. This is absolutely stupid, in my opinion, but I imagine... (Logan Herald Journal, UT)
Immigrants: The education debate May 9, 2007
At that level, most still qualify for an earned income credit and food stamps. To STUDENT: do you parents pay more than $15,000 in taxes a year. (Atlanta Journal-Constitution)
Tax proposal tests GOP's reformist zeal May 9, 2007
He qualified for the Earned Income Credit in 2002. His hobbies were who cares, we want our money. (Atlanta Journal-Constitution -- Opinion)
We could do without filing Apr 20, 2007
Obvious wrote on April 19, 2007 10:44 AM:"A simple solution that would potentially put millions back into the budget would be to curb the earned income credit so that folks who qualify can get the maximum back that they paid in....they would not be paying any taxes, but also would also not benefit for not trying to better themselves or their job situation. As a retail manager, I have had more than one person turn down a full time job because the wages earned would put them over claiming the... (Albany Democrat-Herald, OR)
Clock ticking for filing 2006 taxes Apr 16, 2007
"Earned income credit is one of the most often overlooked benefits," Crown said. "You're supposed to report any earned income, and you're entitled to the expenses that occur to help generate that income.". (Shoals TimesDaily)
Last-minute tax filers are prone to making mistakes Apr 13, 2007
Hk points out the most common tax return mistakes, especially if waiting until the last minute to file: Incorrect filing status recorded, social security number(s) incorrect or they are missing or doesn't match name(s), incorrect or missing forms and schedules, tax return not signed, claiming ineligible dependents, failing to claim credits such as child tax credit, earned income credit, etc ... Inflation-related increases for: Personal and dependent exemptions, standard deductions, thresholds at... (Herkimer Eening Telegram, NY)
A few tips on filing, deductions Apr 8, 2007
If you work and your income is less than $36,348, check to see if you qualify for the earned income credit. Check also for your eligibility for the New York earned income credit and the new child tax credit. (Albany Times Union)
Age-Sensitive Tax Rules Mar 24, 2007
Those under 25 are not eligible for the 'saver's credit' for IRA contributions and cannot receive the Earned Income Credit if single without dependents. The fact that the individual is self-supporting is irrelevant and the provisions are obviously and severely discriminatory. (SmartMoney)
'How can you have a life? Mar 20, 2007
Traveler2009 wrote on March 08, 2007 10:26 AM:"Patriot, Why does anyone have to support the families? Are we to infer that the removable of one potential bread-winner from the family unit should immediately place a burden on the tax payers? Why do you think we should punish the tax payers for the actions of others? I assume by your question that you are a firm believer in the nanny state concept? We all have the rights to life, liberty and the PURSUIT of happiness; no promise of happiness... (Casper Star-Tribune, WY)
Slovak Republic -- 2007 Article IV Consultation Discussions Mar 14, 2007
The mission would like to stress that the introduction of an earned income credit for low-income workers would be a better option to guarantee a minimum living standard than further increases in the minimum wage. Implementation of this measure would enhance the incentive to participate in the labor market without having any negative impact on the demand for labor. (IMF News)
Tips for filing as head of household Mar 12, 2007
Then complete line 33 (enter zero unless you claimed an earned income credit on your federal return), lines 43 - 48, 50 and 52. After completing, sign the return and attach withholding statements (Form W-2 and/or 1099) showing the Maryland tax withheld equal to the refund you are claiming. (SunSpot.net)
Spring Break in a Colder Climate Mar 1, 2007
They have very little income, but they've paid some tax on that or have earned income credit. In the smaller villages, literacy rates may not be high enough for people to know how to file their own taxes - in many instances they lose out on refunds they could put to good use. (Ithaca Times, NY)
Don't miss out on your $4,500 Feb 28, 2007
Don't miss out on your 4,500 As many as 12,000 fail to claim all their tax credits By \Daily Journal Staff Writer Feb 27, 2007 - 11:17:15 CST As many as 12,000 people in St. Francois County may have missed out on up to 4,536 because they failed to realize they qualified for the Earned Income Credit and didn't claim it. The income tax credit, meant to help working families making 38,348 or less, is available even if a person does not owe any taxes. (Park Hills Daily Journal, MO)
Businesses call governor's revenue plan a too-big burden Feb 23, 2007
Reducing the "earned income credit" for low-wage workers who live in Massachusetts but work in another state, or work here and live in another state, $2 million. Overall, the administration expects the changes to yield about $295 million the first fiscal year and $500 million the second year. (Boston Globe)
Tax breaks abound, but parents may lose Feb 18, 2007
Also for 2006, the usual inflation-related increases are in place for personal and dependent exemptions, standard deductions, thresholds at which certain tax benefits begin to phase out and the maximum income for claiming earned income credit. There's a slight increase in income threshold for the phase-out of the deduction for IRA contributions by joint filers already covered by retirement plans at work. (The Miami Herald)
Volunteers Offer Free Tax Preparation Feb 12, 2007
To receive up to $4,536 in federal earned income credit and up to $1,000 per child from the federal child tax credit. To split refunds into as many as three different accounts. (7 KETV Omaha)
Expanded Tax Talk Feb 11, 2007
News Journal Graphic Oops. Forgot to include some income you earned on your tax return. (Pensacola News Journal)
Free tax service offered at Boonslick Senior Center - Tax-Aide available to all ages, not just seniors. Feb 6, 2007
Tax-Aide, offered as a service of the AARP, can assist with earned income credit, child care and dependent credit, education credit and the hope credit. The volunteer service will be offered locally at the Boonslick Senior Center, 415 Main Street in Boonville. (Boonville Daily News, MO)
Earned income tax credit ignored by many Feb 4, 2007
In New York state, the combination of federal and state earned income credits yields as much as $5,897 ... Erie County leads the state in the number of people eligible for the earned income credit. (Buffalo News)
TAXES: What's new? Feb 4, 2007
There are interactive tools for calculating withholding and earned income credit, along with interactive history lessons, games and "Tax Trivia." ... Also for 2006, the usual inflation-related increases are in place for personal and dependent exemptions, standard deductions, thresholds at which certain tax benefits begin to phase out and the maximum income for claiming earned income credit. (Herald-Tribune)
Facts about filing 2006 income tax returns Feb 4, 2007
" link on the left. When prompted, enter your Social Security Number, filing status and exact amount of the refund shown on your 2006 tax return. Or, call the refund hotline at 1-800-829-1954.Getting helpDownload from http://www.irs.gov by navigating to "Forms and Publications" - or order by mail by calling 1-800-829-3676.The also has links to every tax topic. There are interactive tools for calculating withholding and earned income credit, along with interactive history lessons, games and "Tax... (The Morning Star)
Petrus: More $ for biofuels Feb 1, 2007
Petrus has proposed more targeted tax relief for lower-income Arkansans, such as introducing an Earned Income Credit for the working poor. Another issue that Petrus said he would be taking on is obtaining more turnback funds for cities and counties. (DeWitt Era-Enterprise, AR)
Does Larry Barry ever say anything that isn't negative about other people? And thank goodness for Harriet Bledsoe..she points out the obvious. Chargers are going back on the deal they made with San Diego. For us to take them on is like marrying a guy who already cheated on his wife and expecting him to be 'honest' with us. Chargers go away. More... Feb 1, 2007
I raised three children for many years as a single mother, without benefit of government subsidies of any kind, not even the earned income credit because I earned too much money, and their father provided the support that was expected of him. I survived and did the best I could with what I had. (North County Times)
Do I Really Need to File a Return? Jan 30, 2007
You received advanced earned income credit payments from your employer in 2006 (these will be shown on your 2006 Form W-2). You had net earnings from self-employment of $400 or more for 2006. (SmartMoney)
Gary Maydew: New tax matters for the year 2006 Jan 27, 2007
EARNED INCOME CREDIT. You begin to lose the credit as your earned income or adjusted gross income gets too high. The phase-out increases in 2006. (Ames Daily Tribune, IA)
Program helps families with taxes Jan 27, 2007
NEW BEDFORD For the fourth year, free electronic tax filing is being provided for area residents through a program offered by the Greater New Bedford Earned Income Credit Coalition beginning Tuesday ... The Greater New Bedford Earned Income Credit Coalition members include the IRS, CEDC, and PACE, The United Way of Greater New Bedford, Immigrants' Assistance Center, the mayor's office and UMass Dartmouth's Community Service Program. (The Standard-Times, MA)
RAVES, RANTS & ROSES, JANUARY 23 Jan 23, 2007
These are the same people who take their large income-tax returns (courtesy of Earned Income Credit, a tax break for the poor and the Child Tax Credit) and run to buy new rims for their cars. Most of the people I work with receiving minimum wage are high-school students just making extra spending money. (Tyler Morning Telegraph, TX)
Deductive logic: Get the most out of your tax return Jan 21, 2007
Income limits for the earned income credit vary depending on your filing status and if you have qualifying children. For example, if you are married filing a joint return with one qualifying child and have income of less than $34,001, you may qualify for the credit for 2006. (Stamford Advocate)
Tax time -- Volunteers train to assist community ... Community gathers to honor Dr. King ... Housing Update -- Pocket bikes, minimotos have no place in housing ... DeCA scholarship applications available in stores, online ... International students raise funds with food ... Pet of the Week ... ';var marqueewidth="350px";var marqueeheight="20px";var marqueebgcolor="#FFFFFF";////NO NEED TO EDIT BELOW THIS LINE////////////var pauseit=1;var marqueespeed=1 //slow speed down by 1 for NSvar copyspeed=marqueespeedvar pausespeed=(pauseit==0)? copyspeed: 0var iedom=document.all||document.getElementByIdif (iedom)document.write(''+marqueecontent+'')var actualwidth=''var cross_marquee, ns_marqueefunction populate(){if (iedom){cross_marquee=document.getElementById? document.getElementById("iemarquee") : document.all.iemarqueecross_marquee.style.left=parseInt(marqueewidth)+8+"px"cross_marquee.innerHTML=marqueecontentactualwidth=document.all? temp.offsetWidth : document.getElementById("temp").offsetWidth}else if (document.layers){ns_marquee=document.ns_marquee.document.ns_marquee2ns_marquee.left=parseInt(marqueewidth)+8ns_marquee.document.write(marqueecontent)ns_marquee.document.close()actualwidth=ns_marquee.document.width}lefttime=setInterval("scrollmarquee()",20)}window.onload=populate;function scrollmarquee(){if (iedom){if (parseInt(cross_marquee.style.left)>(actualwidth*(-1)+8))cross_marquee.style.left=parseInt(cross_marquee.style.left)-copyspeed+"px"elsecross_marquee.style.left=parseInt(marqueewidth)+8+"px"}else if (document.layers){if (ns_marquee.left>(actualwidth*(-1)+8))ns_marquee.left-=copyspeedelsens_marquee.left=parseInt(marqueewidth)+8}}if (iedom||document.layers){with (document){document.write('')if (iedom){write('')write('')write('')write('')}else if (document.layers){write('')write('')write('')}document.write('')}}Friday, January 19, 2007 Fort Leavenworth Tax Center volunteers and others wanting to take advantage of the free tax training refer to workbooks and computers as various forms and scenarios are discussed in the class Jan. 9 at the Army Education Center. Lamp photo by Prudence Siebert. Tax time -- Volunteers train to assist community Jan 19, 2007
Course topics included filing status, wage issues, earned income credit, foreign income, rental properties, and small business income - all with an emphasis on preparing returns for military people. Volunteers also spent time learning interview techniques and communication skills by role playing and watching videos because clients will be sharing sensitive information with them. (Leavenworth Lamp, KS)
File Your Taxes Electronically for Free Jan 17, 2007
For example, TurboTax's Free File service, called TurboTax Freedom Edition, will provide free service only if you have an AGI of $27,000 or less, or you are eligible to receive the Earned Income Credit, or you are Active Duty Military with a military W-2 and your AGI is less than $52,000 ... To help sort through the offers and restrictions, the IRS's Free File site has a "Guide Me To A Company!" wizard--a small form in which you enter your age, your spouse's age, your estimated 2006 AGI, your... (PC World)
CNU Students To Give Free Tax Services Jan 12, 2007
The volunteers have been trained and certified to prepare basic tax returns, including completing Forms 1040, Schedule A and B, simple Schedule Ds and forms related to the Earned Income Credit, Child Credit, Dependent Care Credit, Additional Child Credit, Credit for the Elderly and Disabled and the Education Credit. All content. (WTKR.com, VA)
