free tax preparation

It’s true that if you didn't earn much money in 2011, you may be exempt from filing a tax return. While not filing does save time and energy, failure to file could result in missing out on receiving refundable credits. Probably the most common credit that working families and individuals forego, not realizing they are entitled to it, is the Earned Income Tax Credit, or EITC. The EITC is a tax credit that goes to people who worked during the tax year but didn’t have a significant amount of income.

Taxes are something you should be scared of – or at least that's the prevailing notion in our society. In reality, there is nothing to fear. There are several great organizations that will help you prepare your taxes for free. And, those eligible for the Earned Income tax Credit or the Child Tax Credit might stand to earn money.