Happy Earned Income Tax Credit Awareness Day

The Center for Budget Policy and Priorities (CBPP) is urging you to observe Earned Income Tax Awareness Day today, January 29.  Believe or not, it was the Internal Revenue Service (IRS) and the U.S. Treasury Department that delared this commemoration today.

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 As you probably know, expanding the Earned Income Tax Credit will be the topic of our Offering of Letters in 2010.  

While the focus of today's national "commemoration" is not necessarily on expanding the program, it encourages those who might be eligible to find out more about EITC.  

Here's a note from the campaign organizers.

In 2010, tax credits will mean more for working families than ever before, as they continue to grapple with the pressures of a weak economy.  Yet, 25% of eligible families do not claim the EITC refund.  Working families and individuals need to know that help may be there when they file their tax returns.  Outreach to eligible families could help to claim nearly $6,000 in EITC refunds. 

In Albuquerque, CNM TAX HELP New Mexico will provide free tax return preparation services for those whose annual household income is less than $50,000 or who are age 65 or older.  For more information and to find local sites, call 877-212-4TAX.