Each year, millions of people pay, on average, more than $200 to prepare and file their tax return, because they didn’t know there was a free option. MyFreeTaxes.com provides 100 percent free online federal and state tax preparation and filing assistance to employees with household incomes of $60,000 or less.
For many low-income families, every dollar has to be stretched in order to put food on the table. Buying books for their children just may not be possible for some families. However, as studies show, nourishing children’s minds with literature greatly improves their performance in school. And there is no better place to start than at home.
There are some fundamental success indicators we look for in financial stability work. On the quantitative side, we want to know if our participants are increasing their income, savings and credit scores, and decreasing their debt and use of predatory financial services. Qualitatively, we work with them to improve their sense of capability and confidence when it comes to their relationship with money.
We measure all of these things, and we file our reports, and you can see our collective success on paper. But out in the world, we love when spontaneous things happen that fall outside the usual evaluative box and exceed our expectations.