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Free Tax Preparation Options Help Families Gain Back Millions

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The good news is that throughout the country this past month, millions of families claimed billions of dollars in Earned Income Tax Credit (EITC) refunds. The bad news is that a large percentage of these taxpayers paid outrageous fees to have their taxes prepared and to receive their refund more quickly. However, the growth of free tax preparation sites in recent years has given taxpayers more options at tax time enabling them to save money.

The Children's Defense Network's new report, Keeping What They've Earned: Tax Credit for Working Families, details the savings free tax preparation sites provide and outlines how government officials and community leaders can save hard working families even more money during tax season.

Check out the report to see how much working families in your state could save next year.


 

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