The tax season is upon us, but before you take out your checkbook you might want to check out a new tax counseling service in Rockford.
The program offers eligible working families free tax assistance and help in applying for a federal tax credit that could be worth thousands of dollars.
The tax counseling project is an effort to help middle to low-income individuals and families get the tax refunds they're entitled.
A family of four making less than $33,000 a year, could receive up to $4,140 in tax refunds through the earned income tax credit. The problem is: most people don't know about it.
The tax counseling project was set up so that people do become aware. Volunteers at the free tax preparation site, located at 211 elm street in downtown Rockford, are trained to prepare federal and state income tax returns as well as help workers apply for tax benefits.
Last year 225 tax returns were completed, bringing more than $295,000 to people in Rockford. This year, tax counseling project volunteers expect the number of returns to jump to 400.
The free tax service, located again at 211 Elm Street, is open Monday and Wednesday from 5:30 p.m. to 9 p.m. and it will be open on Saturday from 10 a.m. till 2 p.m.
Taxpayers should bring all W-2's and 1099's, a copy of your 2001 tax return and your social security card.
If you would like more information or to find out if you qualify for the earned income tax credit you can call the toll free hotline 1-888-827-8511.