Paying the Price? Low-Income Parents and the Use of Paid Tax Preparers

This article, through the Urban Institute, summarizes information on the Earned Income Tax Credit, a federal program that supplements wages to lift working people out of poverty. Although the Earned Income Tax Credit has been successful in bringing money back to low-income families, many people are unaware of the program or use paid tax preparers to file their returns. The use of paid tax preparers is problematic because it reduces the amount of tax refund to the family.