Here’s a nice re-cap of how the Earned Income Tax Credit can actually help break the cycle of poverty for someone, and why it’s so incredibly important to help people who receive the EITC to understand how to use the credit to build personal wealth and assets for the future.

Get your taxes done for FREE!!

Starting on January 12th, 2010, United Way of King County will operate 17 free tax preparation sites throughout King County.  Tax assistance will be provided by over 550 volunteers…

From January 13-April 15, United Way of King County will provide free tax preparation and access to the Earned Income Tax Credit and other tax credits to help working families increase their incomes and create savings. Tax services will be available at 15 sites across King County.

Free tax preparation allows low-income people to keep more of their hard-earned money and avoid paying unnecessary fees for commercial tax preparation and “rapid refund” loans. Being financially stable reduces the risk of becoming homeless.…