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Earned Income Tax Credit

Income Tax

What Is Earned Income Tax Credit (EITC)?

Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.

04/01/2015

Massachusetts State House. (Photo by Darren McCollester/Getty Images)

Lawmakers Hear Pros, Cons Of Continuing Film Tax Credit

Baker wants to use the money that would be saved to double the state’s earned income tax credit that goes to low-income working families.

03/31/2015

Tax Credits

Best Tax Credits And Deductions Everyone Should Know About

Don’t miss out on some valuable tax credits and deductions. Here are a few of the most commonly missed credits, which could end up saving you a bundle.

03/24/2015

centro pic

File Your Taxes For Free And Receive A Bigger Refund

January 31, 2015 Tax season is here! Now before you file your taxes, we want to give you some important information you should know about! On this edition of Centro, we tell you about a […]

WBZ-TV–01/29/2015

WBZ_TV'S_YADIRES_NOVA-SALCEDO_&_PEGGY RILEY 2

Get a Bigger Refund from the IRS

February 16, 2013 It’s that time of year again – tax filing season! If you haven’t filed your income tax return yet, that’s actually a good thing! On this edition of Centro, we’ll tell you […]

WBZ-TV–02/15/2013

Mitt Romney (Photo credit: NICHOLAS KAMM/AFP/GettyImages)

Opinion: Romney Denigrates 47% Not Paying Taxes As He Uses Loopholes Trying To Do The Same

Mitt Romney, if you want to talk about mooches and freeloaders that take advantage of the system then grow a spine and show America your tax returns. Let’s see what you really pay as a percentage. Let’s see what deductions you take. Let’s see how addicted to federal benefits you are.

09/21/2012

Mitt Romney (Photo credit: NICHOLAS KAMM/AFP/GettyImages)

Opinion: Romney’s 47% Don’t Pay Taxes Remark Shows He’s Exactly Who We Thought He Was

The recently released tape of Romney speaking to donors at a closed door fundraiser has exposed Mitt Romney to, in fact, be the person Democrats have portrayed him to be: a rich, out of touch, arrogant man that has no respect or connection to the American middle class and absolutely no interest in making the American middle class stronger.

09/19/2012

WBZ TV'S YADIRES NOVA-SALCEDO WITH VERNETTE ALLEN ON CENTRO

EITC: File Your Taxes for Free and Get a Bigger Refund

March 17, 2012 If you haven’t filed your income tax returns this year, here is some important information you should know before you do so! On this edition of “Centro”, we’ll talk about a program […]

WBZ-TV–03/17/2012

Taxes, IRS, Tax Return

T’is The Season: Free E-Filing

A majority of taxpayers are eligible to prepare and file the 2011 federal tax return online for free.

WBZ NewsRadio 1030–02/21/2012

Mass. Residents Urged To Claim Tax Credit

Many lower and middle income families may be eligible for an Earned Income Tax Credit, but not know it.

01/29/2011

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