EIC

(redirected from Earned income tax credit)
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EIC

Abbr. for “Engineering Institute of Canada.”
References in periodicals archive ?
Taking a cut of the earned income tax credit especially hurts poor families because the money is more than some of the families will see in a lump sum all year, said Mary Ruth Herbers, senior director of programs at the Chicago-based Center for Economic Progress, an organization which provides economic opportunities for low-income people.
The Earned Income Tax Credit is one of the single-most effective tools at lifting American families out of poverty," Goodwill Industries International President and CEO Jim Gibbons said.
and the Computer & Communications Industry Association also help low-to-moderate income taxpayers file their taxes and claim the earned income tax credit for free.
Michael Desimone of the IRS Wage and Investment Division said the Earned Income Tax Credit is the largest tax benefit for working families, though nearly one in four eligible taxpayers do not claim it because they are unaware of it.
With tax season in full swing, NLC's Institute for Youth Education and Families invites mayors, city council members and other leaders to help their citizens take advantage of the Earned Income Tax Credit (EITC) by using one of the institute's toolkits.
In 2003, the IRS announced plans to undertake an earned income tax credit (EITC) certification program, targeting nearly 45,000 taxpayers in 2003 and 2 million in 2004; see Bauman, Tax Practice & Procedures, "EIC Verification Initiatives," TTA, July 2003, p.
The Internal Revenue Service has made significant changes to the Earned Income Tax Credit, a social program that has been shown to lift more children out of poverty than any other.
The mismatches could present a problem for taxpayers seeking to claim a personal exemption or the earned income tax credit.
The earned income tax credit is one of the primary causes of advocate casework," Oveson said.
The custodial parent may still be able to claim certain tax benefits related to the child, including head of household filing status, the Earned Income Tax Credit, and the child-care credit.
The Earned Income Tax Credit helps bridge the gaps these customers are experiencing in other utility payment assistance programs, such as the federal Low Income Home Energy Assistance Program, Riddlebarger said.