Worcester Tax Coalition Returns Nearly $3.6 Million to Community

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Friday, June 20, 2014

GoLocalWorcester News Team

The Worcester Earned Income Tax Credit (EITC) Coalition is returning almost $3.6 million in 2013 income tax revenue to the Central Mass. Community, the United Way of Massachusetts announced.

See the Tax Facts below for details

United Way held a “Volunteer Appreciation Ceremony” at Worcester State University to celebrate “the successful tax season.”

The EITC is a federal tax refund for eligible working individuals and households. The EITC Coalition is one of the many ways that United Way of Central Massachusetts works to raise taxpayers and their children out of poverty.

Tax Facts

• 128 IRS-certified volunteers prepared 1,906 federal and state returns (6.4% more than last tax season);
• Taxes prepared at no cost, saving tax payers $285,900 in tax preparation fees
• 63% of tax clients had their refund directly deposited to a bank account (compared to 20% in 2006);
• The average refund in 2013 was $1,660;
• The average Worcester taxpayer using the VITA sites has an annual income that is between $16,000 and $20,000;
• Through the Worcester EITC Coalition’s four VITA sites, nearly $3.6 million dollars in total refunds was returned to the Worcester Community during the 2013 tax season;
• Nationwide, the Earned Income Tax Credit returns approximately $60 billion to low and moderate-income taxpayers each year.

Related Articles

• Bill to Prevent Lost Revenue from Tax Credits
• Historic Revival for Tax Credits
• Smart Benefits: New Wellness Tax Credits for MA Employers
• $3M in Community Tax Credits to be Announced in Worcester on Tues.
• NEW: Chamber and Community Groups Join Forces on Worcester Taxes
• Worcester Tax Rate Showdown Pits Businesses Against Residents
• NEW: Elizabeth Warren Releases Tax Returns
• NEW: Senator Brown Releases Tax Returns
• Warren Supports Harry Reid on Romney Tax Returns

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