ESL Federal Credit Union joins 40 local organizations in partnership with C.A.S.H. – Creating Assets, Savings, & Hope – to offer free 2016 tax preparation to eligible Monroe County residents. ESL offers free deposit accounts, or prepaid cards, and invests $1 to open participant accounts.
Now through April 17, eligible residents may have their taxes completed and filed for free. Eligibility requirements are as follows:
1. Total household income is less than $55,000 for families with qualifying children and less than $40,000 for childless workers
2. Must work and live in New York State (but not in New York City)
3. Do not have rental property income
4. Have not sold stocks, bonds, or other financial assets
5. If self-employed, did not have a loss, no employees, and business expenses were less than $10,000.
“This free tax preparation service continues to have a huge impact on our community,” said Malik Evans, Consumer Prosperity Manager. “This year, our team at ESL expects to set-up a record number of tax return accounts and provide prepaid cards – offering immediate refunds- to all filers.”
Last year alone, almost 400 volunteers helped 14,414 families prepare and file tax returns at no charge. This year, the C.A.S.H. program expects to provide tax preparation services to more than 15,000 low or moderate income Rochester-area households.
Since 2002, C.A.S.H has helped tens of thousands of families in Monroe County build financial stability. The program demonstrates the power of setting goals with the idea of taking small, but consistent steps forward.
For additional information, visit esl.org.
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