Work Incentives Update: Learn about the Earned Income Tax Credit (EITC)

Record Description

From Disability.gov, this Web page includes new resources on the Earned Income Tax Credit, which includes online training, frequently asked questions about the EITC, Webinars, trainings, and other resources on the EITC.

Record Type
Posting Date
Combined Date
2010-10-31T20:00:00
Source
Region
City/County
Publication Date
2010-11-01

Lessons from SEED: A National Demonstration of Child Development Accounts

Record Description

Savings accounts that are started when children are born can allow parents to build savings to pay for college, home ownership, and businesses. This report is from the Center for Social Development, the Corporation for Enterprise Development (CFED), the Initiative on Financial Security at the Aspen Institute, the New America Foundation and the University of Kansas’ School of Social Welfare, and presents results from research on families who participated in child development account pilot programs in 12 states and communities.

Record Type
Posting Date
Combined Date
2010-08-31T20:00:00
Source
Region
City/County
Publication Date
2010-09-01

Georgians for Prosperity (G4P) EITC/Asset-Building Statewide Coalition Meeting

Record Description

The Peer TA Network provided technical assistance to Georgians for Prosperity (G4P), a committee dedicated to advancing awareness and participation in the EITC. G4P was created in October 2009. Subsequently, the Peer TA Network helped G4P bring together representatives from community-based organizations, foundations, local businesses, faith-based organizations, financial institutions, schools, and Community Action Agencies, as well as representatives from the Internal Revenue Service, the U.S. Department of Health and Human Services, and the Georgia Department of Human Services, for an EITC/Asset-Building Statewide Coalition Meeting that took place in Savannah on June 28-30, 2010. The meeting served as a way for participants to share information about the EITC and other asset-building programs; foster peer-to-peer learning; highlight promising practices on EITC outreach and free tax preparation from around the country; provide helpful tools for launching an EITC/asset-building campaign; develop a Statewide marketing campaign to promote such services; and facilitate the development of local and regional action plans for immediate implementation. Through this meeting, GA4P hopes to bolster efforts at establishing community partnerships, enhancing outreach, and, ultimately, improving access to the EITC and free tax filing assistance for low-income residents.

 

 

Fresh Tools for Fighting Poverty: Empowering Low-Income Americans to Build Assets

Record Description

The Harvard Ash Center for Democratic Governance and Innovation hosted a webinar on the impact of asset-building strategies on reducing poverty and supporting low-income families. Speakers from asset-building programs around the country presented lessons learned on supporting families in wealth creation, asset development and small business entrepreneurship.

Record Type
Posting Date
Combined Date
2010-07-16T10:00:00
Source
Region
City/County
Publication Date
2010-02-01

The Impact of State Income Taxes on Low-Income Families in 2009

Record Description

This report is from the Center on Budget and Policy Priorities, and provides key information on how state income taxes influenced low-income families. In some states, state taxes further push low-income working families into poverty; however, in other states, low-income working families can receive significant tax refunds through programs like the Earned Income Tax Credit. Specifically, 21 states have been able to reduce poverty for low-income families with children through the tax code.

Record Type
Posting Date
Combined Date
2010-03-31T20:00:00
Source
Region
City/County
Publication Date
2010-04-01

Income Support Policies for Low-Income Men and Noncustodial Fathers: Tax and Transfer Programs

Record Description

From the Institute for Research on Poverty and researchers at Columbia University, this article provides information on the status of low-income men. Since the mid-1970s, wages and labor force participation has been decreasing for young, lesser educated men. In this piece, authors examine how key income-security policy areas, including unemployment insurance, payroll taxes and the Earned Income Tax Credit, and child support enforcement, affect this population.

Record Type
Posting Date
Combined Date
2010-03-31T20:00:00
Source
Region
City/County
Publication Date
2010-04-01

Weathering the Storm: Have IDAs Helped Low-Income Homebuyers Avoid Foreclosure?

Record Description

This report includes data on 831 homebuyers in 17 states who purchased homes using Individual Development Accounts (IDAs) between 1999 and 2007. Data show that low-income homeowners who participated in programs that used IDAs to purchase homes were two to three times less likely to lose their homes to foreclosure. Additionally, IDA homebuyers were able to obtain significantly preferable mortgage loan terms.

Record Type
Posting Date
Combined Date
2010-03-31T20:00:00
Source
Region
City/County
Publication Date
2010-04-01

Toward Reduced Poverty Across Generations Early Findings from New York City’s Conditional Cash Transfer Program

Record Description

This report is from MDRC and includes an evaluation of the Family Rewards cash transfer program in New York City, which began in 2007. The program offers cash rewards to specific family activities and outcomes to help families address immediate barriers but also to build human capital. Among the preliminary findings, researchers found that the program reduced current poverty and hardship, including hunger and some housing and health care hardships.

Record Type
Posting Date
Combined Date
2010-02-28T19:00:00
Source
Region
City/County
Publication Date
2010-03-01

Work Opportunity Tax Credit

Record Description

The Work Opportunity Tax Credit (WOTC) is a Federal tax credit incentive that the Congress provides to private-sector businesses for hiring individuals from twelve target groups who have consistently faced significant barriers to employment. The main objective of this program is to enable the targeted employees to gradually move from economic dependency into self-sufficiency as they earn a steady income and become contributing taxpayers, while the participating employers are compensated by being able to reduce their federal income tax liability.

Record Type
Posting Date
Combined Date
2010-01-31T19:00:00
Source
Region
City/County
Publication Date
2010-02-01

Making Work Supports Work: A Picture of Low-Wage Workers in America

Record Description

From the National Center for Children in Poverty, this report analyzes the effectiveness of America's work supports, such as earned income tax credits, public health insurance, child care assistance, and food stamps. For families, work supports can close the gap between low earnings and basic expenses, as working more does not always pay as families lose eligibility for critical supports.

Record Type
Posting Date
Combined Date
2009-12-31T19:00:00
Source
Region
City/County
Publication Date
2010-01-01