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Contact(s):W. J. Monagle

Tuesday, January 23, 2007

Community Leaders Announce Earned Income Tax Credit Effort -- SUPER SATURDAY

EITC Can Mean Up to 5 Months Salary Returned to Taxpayers

(Tuesday, January 23, 2007) – Persons attending the “Super Saturday” Earned Income Tax Credit (EITC) Super Saturday event may be eligible to receive up to five months salary returned in a tax credit.

Super Saturday will take place at University Mall on February 3, from 9am to 4pm. Volunteer certified tax assistance experts from the IRS and AARP will help people complete and file tax returns at no cost to taxpayers. Taxpayers wishing to participate will need to bring a photo ID; Social Security cards for self, spouse, and dependents; copies of all W2s, 1099s, etc; a copy of a check for direct deposit; and spouse (if filing a joint return.) Spanish language interpreters will be on hand.

In addition, a tailgate party will be set up featuring additional free services and information on Individual Development Accounts, bank and credit union accounts, homebuyer programs, Medicaid, food stamps, and others.

The agencies aiding in Super Saturday include the City of Little Rock Department of Community Programs, City of Little Rock, in partnership with Pulaski County Government, Arkansas Department of Health and Human Services, Central Arkansas Development Council, ACORN, New Futures for Youth, Regions Bank, US Department of Housing & Urban Development, and AARP.

Also participating are the Arkansas Employees Federal Credit Union, Entergy, Catholic Social Services – Diocese of Little Rock, Central Arkansas Water, Entergy, Commission on Racial and Cultural Diversity, Federal Reserve Bank of St. Louis – Little Rock Branch, Internal Revenue Service (IRS), La Voz de Arkansas, Arkansas Advocates for Children and Families, TEA Career Center, UALR School of Law, United Way of Pulaski County, WorkForce Investment Board, Social Security Administration, Southern Good Faith Fund, Arkansas Work Force Centers at Little Rock.

This year, many organizations will provide expertise and valuable information. The IRS will explain this year’s newest electronic filing feature – The Split Refund – allowing filers to split their refund between personal immediate use and more long term options, such as college savings accounts and home mortgages. They will also inform the public of the universal Phone Excise Tax Refund. ACORN and the City of Little Rock will distribute information on Fair Housing and Homebuyer Programs. HUD will provide information on housing opportunities in coordination with the Little Rock Housing Authority and Pulaski County Housing Agency.

Regions Bank and the Arkansas Employees Federal Credit Union will open financial accounts for refund deposits. La Voz de Arkansas will provide Spanish translation services. The CADC will provide economic literacy and Individual Development Accounts. United Way’s First Call for Help will be there, and DHHS will answer questions and provide information on Medicaid and Food Stamps. First begun during the 2002 tax season, the 2007 campaign seeks to raise the awareness and filing of the EITC and increased use of free tax assistance and filing sites.

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