CAAB

Investing in People, Strengthening Communities

Do You Know About the Role the EITC Plays in Lifting Thousands of Washingtonian Families Out of Poverty Every Year?

For the past four decades, the EITC has been considered the most effective poverty alleviation public policy tool in the country. In Washington, DC over 50,000 low-income Washingtonians benefit from the EITC and receive over $175 million from both the federal and the DC EITC. We estimate that about 20,000 EITC-eligible Washingtonian families are not taking advantage of this key tax credit and leaving over $40 million on the table every year. The majority of these families reside in Wards 7 and 8.

Do You Know About the Role the EITC Plays in Lifting Thousands of Washingtonian Families Out of Poverty Every Year? 

For the past four decades, the EITC has been considered the most effective poverty alleviation public policy tool in the country. In Washington, DC over 50,000 low-income Washingtonians benefit from the EITC and receive over $175 million from both the federal and the DC EITC. We estimate that about 20,000 EITC-eligible Washingtonian families are not taking advantage of this key tax credit and leaving over $40 million on the table every year. The majority of these families reside in Wards 7 and 8.

During the #DCEITC Forum, we will be shining a spotlight on the role of the EITC in lifting low-income Washingtonians out of poverty and provide a pathway to financial stability and prosperity. Moreover, we look forward to engaging with you on how to further raise awareness of the EITC so that all EITC-eligible Washingtonians claim it!

Date:   Wednesday, December 12, 2018

Time:   10:00 AM – 2:00 PM

Location:   True Reformer Building / Public Welfare Foundation at 1200 U St, NW, Washington, DC 20009

Register:    https://conta.cc/2F8RQ6l

 

About the DC EITC Campaign 

The CAAB-managed DC EITC Campaign, is a citywide, cross-sector initiative that provides access to information on the EITC and connects Washingtonians with free tax preparation services throughout the District.

The DC EITC Campaign is made possible through the support from the DC Department of Insurance, Securities and Banking (DISB), Washington Gas, Citi Community Development, United Way of the National Capital Area as well as other key private sector partners. 

DC EITC Campaign Partners

Community Tax Aid
www.communitytaxaiddc.org/

Community Tax Aid (CTA) was founded in 1987 with a mission to provide high-quality free income tax services to low-income taxpayers in the Washington, DC metropolitan area. CTA's primary goal is to promote economic stability through accurate and timely filing of tax returns and secondarily to connect taxpayers to other asset building opportunities.  Our services are critical to the financial well-being of low-income families and their ability to build wealth.  The tax return is required in order to obtain tax refunds and key credits, such as the Earned Income Tax Credit (EITC), and other asset-building opportunities, such as qualifying for academic financial aid/or obtaining a mortgage or a small business loan.  Annually, we help over 6,000 low-income taxpayers overcome barriers created by the cost and complexity of tax compliance so they can build their financial futures.

About Capital Area Asset Builders

Capital Area Asset Builders (CAAB) is a non-profit organization whose mission is to empower low- and moderate-income residents of the Greater DC Area to take control of their finances, increase their savings, and build wealth for a better future.

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How to give

Now, more than ever, non-profits like Capital Area Asset Builders (CAAB) need your help. Please support CAAB as we continue to help DC residents manage and/or improve their financial situation during these difficult times. If you can't afford to give a monetary gift, please visit our Amazon Wish List where you can choose from a variety of items that CAAB needs in order to better serve our community.

or send a check or money order to
Capital Area Asset Builders (CAAB)
c/o Joseph Leitmann-Santa Cruz, Director of External Relations
1100 H Street NW, Suite 200
Washington, DC 20005