Tag: child tax credit

Partner Spotlight: Foundation Communities’ Free Tax Help Returns $33.8M to Hard-Working Families

While Austin is a city brimming with opportunities, many families find simply affording our city a growing challenge, this is particularly true for families raising children. One critical provision preventing many of Austin’s low- and moderate-income families with children from sliding into poverty are tax returns bolstered by the refundable credits – the Earned Income Tax Credit and the Child Tax Credit. It can be a relatively substantial infusion of cash for families making ends meet with low or unpredictable incomes and may be the only opportunity a family has to purchase a vehicle, pay a large security deposit, or address a pressing repair. Foundation Communities is a long-time partner of United Way for Greater Austin and has been a cornerstone of this family-sustaining work. In addition to ensuring hard-working families can access their full tax returns for free, they offer a service designed to be convenient, trustworthy, and available year-round. “I’m grateful to all of our volunteers and community partners, including United Way, who make it possible for us to provide free, high-quality tax preparation services each year,” shared Kori Hattemer, Director of Financial Programs at Foundation Communities. “We couldn’t offer this vital community service without their time, commitment and energy. Our tax centers save hard-working families thousands in tax preparation fees and, this year, returned nearly $34 million in refunds to the local economy.” More than 600 volunteers dedicated their time to assisting families, coming together to achieve an incredibly tangible impact. People relying on private tax preparation […]

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