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Maryland CASH (Creating Assets, Savings and Hope) Campaign 

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See what’s new on the CASH Academy site.

The Maryland CASH Academy, a signature program of the Maryland CASH (Creating Assets, Savings and Hope) Campaign, offers free personal finance classes on a wide variety of topics across the state of Maryland. Search for a class by location, date, topic or educator.

Study: Nearly Half In U.S. Lack Financial Safety Net, NPR

In his inaugural address, President Obama talked about a country where even “a little girl born into the bleakest poverty knows that she has the same chance to succeed as anybody else.” But in reality, that’s not always the case. A new report finds that one of the biggest obstacles for many Americans is that they don’t have the savings or assets they need to help them get ahead.

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Earned Income Tax Credit Day

MARYLAND CASH (CREATING ASSETS, SAVINGS AND HOPE) CAMPAIGN & STATEWIDE PARTNERS CELEBRATE “EARNED INCOME TAX CREDIT DAY” BY ANNOUNCING FREE TAX PREPARATION SERVICES

(Baltimore) (Prince Georges County) (Montgomery County), Maryland. Because Friday, January 25, 2013, is national “Earned Income Tax Credit Day”, the nonprofit Maryland CASH (Creating Assets, Savings and Hope) Campaign and its partners announce the free tax preparation and e-file sites now available statewide. These IRS-certified free tax preparation sites help Maryland’s low-to-moderate income working families who are eligible for federal and state Earned Income Tax Credit (EITC) refunds. Working families who made less than $50,000 or single people who made less than $25,000 in 2012 may be eligible for free tax preparation services that may qualify them for tax refunds worth thousands of dollars. An estimated 20-25% of Marylanders who are eligible for the EITC do not claim it – leaving more than $110 million on the table.
“Many taxpayers eligible to receive EITC don’t receive them,” comments Robin McKinney, Director of the Maryland CASH Campaign. Read more…

 
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5 Questions for Robin McKinney, Baltimore Sun

 

This is the busiest time of year for Robin McKinney.

McKinney is the director and co-founder of the Maryland Creating Assets, Savings and Hope (CASH) Campaign, which provides free tax preparation for low- to moderate-income households in the state. She also lobbies state lawmakers to improve the finances of Maryland consumers during the legislative session.

McKinney was an early advocate for state regulation of tax preparers who are paid to fill out people’s returns. For more go to: http://www.baltimoresun.com/business/money/bs-bz-interview-robin-mckinney-20130114,0,893521.story

 
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Maryland raises the bar for individual tax preparers, Baltimore Sun

For years, anyone in Maryland could prepare tax returns for money, so it wasn’t unheard of to find tax services offered at laundromats, car dealerships or palm-reader shops.

The industry is no longer unregulated.

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Maryland proposes first-of-its-kind legislation to protect kids’ identity, Baltimore Sun

As concern grows over child identity theft, Maryland is considering legislation that would make the state the first in the nation to protect a youngster’s credit report.

Minors aren’t supposed to have such reports because they’re too young to get credit. But the Maryland legislation would allow parents or guardians to create a credit file for a child and then immediately freeze it. This would prevent a thief from opening credit under the child’s name.

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The Interview: Sara Johnson, director of the Baltimore CASH Campaign, Baltimore Sun

If you don’t make a lot of money, the Baltimore CASH Campaign thinks you shouldn’t be forking any of it over to get your tax returns prepared.

The nonprofit group is heading into its 11th tax season, offering free help for low- and moderate-income area residents. It’s part of an effort to bolster families’ financial security — “CASH” stands for Creating Assets, Savings and Hope.

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