Across Michigan, members of the Michigan Economic Impact Coalition are working to help families, individuals and children achieve better financial outcomes. To read some of the stories and news coverage, click on the links below.
Since recession, middle class walks fine line
From Battle Creek Enquirer, May 18, 2014
The line between the middle class and poverty is $3,760. That razor thin line is attributed to jobs that were lost during the recession that have yet to return to Calhoun County.
More than 7,000 manufacturing jobs have been lost in Calhoun County since 2000, with gains of only 1,950 since the recession was declared over in mid-June 2009, according to the Department of Technology, Management and Budget.
Those most affected by the financial meltdown were middle-class citizens who had few skills or training outside of manufacturing. Families and individuals who had steady full-time employment are still seeking assistance or barely making ends meet. (Read More)
Putting fun in financial health awareness
From Capital Gains, March 5, 2014
While a DJ and dancing, free tax help, financial resources, and pizza and prizes aren’t things you would usually find all under one roof, Show Me the Money Day combines them all, resulting in a unique and valuable event that benefits The Capital region and other communities across Michigan.
In 2011, the Community Economic Development Association of Michigan (CEDAM) worked with their Flint partner to create an event that would help people achieve a sense of financial empowerment. The event kicks off tax season and provides communities with access to financial education, workshops, vendors, and free tax assistance. (Read More)
Business Notebook: Consumers Energy grants $100,000 for free tax preparation
From MLive.com, February 25, 2014
Consumers Energy recently gave a $100,000 grant to help Michigan taxpayers access free income tax assistance programs.
The Jackson-based utility gave the grant to the Michigan Economic Impact Coalition to cover the cost of scheduling appointments through Michigan 211 and training and support for free tax locations, according to a news release. (Read More)
Steelcase team to give free tax prep help at Kent County’s United Way coalition’s Community Day
From MLive.com, February 18, 2014
GRAND RAPIDS, MI — The Steelcase team that handles the billion dollar finances of the world’s largest office furniture company is providing its assistance to Kent County residents for free.
The United Way’s Kent County Tax Credit Coalition and the Steelcase finance department will host a free tax prep days on Wednesday, Feb. 19 and Monday, Feb, 24. (Read More)
IRS service delay frustration
From WDIV – News 4 Detroit, February 17, 2014
DETROIT – Can’t get through to the IRS with your questions? If you use Accounting Aid’s free DIY online tax program, you can get your questions answered via our live, phone-based hotline. Reporter Steve Garagiola reports: (See More)
United Way’s Volunteer Income Tax Assistance offers free tax help to Saginaw County residents
From MLive.com, February 6, 2014
SAGINAW, MI — Residents seeking help in preparing their taxes have six locations to choose from through United Way of Saginaw County’s Volunteer Income Tax Assistance program.
County residents who met the Internal Revenue Service’s Earned Income Tax Credit guidelines are eligible to receive free tax preparation. (Read More)
Need help with your taxes? Free tax preparation sites to aid low- to moderate-income people
From MLive.com, February 3, 2014
GENESEE COUNTY, Michigan — Individuals who need help filing their taxes this year can get assistance from a variety of groups and agencies.
Both the state and federal government offer tax help on the Web and by telephone. There also are dozens of places offering free tax preparation for those who qualify. (Read More)
Letters: Make sure you know about tax help that is available
From Muskegon Chronicle, January 31, 2014
Jan. 31 marked the eighth National EITC Awareness Day, a nationwide effort to increase awareness about the Earned Income Tax Credit and free tax preparation sites.
The EITC is a refundable tax credit available to qualifying lower-wage workers and their families. If you worked last year and had income less than $51,567 you should find out if you are eligible for EITC. On average, EITC adds $2,300 to working families’ refunds. According to the IRS, only four out of five eligible workers currently claim their EITC. (Read More)
Community Action Agency provides free tax filing service for households that earned $52,000 or less
From MLive.com, January 30, 2014
JACKSON, MI— As a single father working towards his master’s degree, saving a few hundred dollars on filing his tax returns means putting more food on the table for his 11-year-old daughter.
For the past three years, Summit Township resident Derry Petty had certified tax volunteers at the Community Action Agency file his state and federal taxes free of charge through the Volunteer Income Tax Assistance Program. (Read More)