JCU Accountancy Chair talks tax preparation on WKYC

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Student volunteers from John Carroll University’s Department of Accountancy will prepare tax returns for low-income families at Famicos Foundation on the following Saturdays this year.

  • February 5
  • February 19
  • February 26
  • March 5

John Carroll University is partnering with the EITC Coalition in an effort to allow families to access the Earned Income Tax Credit. EITC is a refundable tax credit available to working adults without children earning up to $15,880 through families with at least two children earning as much as $41,646.

The credit can be as large as $4,824 and the average EITC credit for Cuyahoga County in 2006 was $1,918. In highly urban areas, it is estimated that between 15 and 20 percent of those eligible for this credit do not claim it.

An appointment is required. In order to have your taxes prepared at Famicos Foundation or elsewhere in the Cleveland metropolitan area, please call United Way at 211 to make an appointment. For more information visit www.refundohio.org.

Posted on January 28, 2011