Tax Services Archives -

How the EITC Has a Hand in Strengthening our Low-Income Families’ Finances

Today is the 11th annual “Earned Income Tax Credit Awareness Day” — an important date at MEDA, where most of our historically underresourced tax clients qualify for this credit that lets them keep more of their annual income so they can better afford basic necessities. In the 2016 calendar year, there were 4,518 tax returns…

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Top Tax Tips for 2017

MEDA plans to serve at least 4,500 clients this year via what has quickly become the largest free tax preparation service in San Francisco. The below tax tips are important items to keep in mind when coming to Plaza Adelante (2301 Mission Street @ 19th, Room 203) and its three other VITA sites in San Francisco,…

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¿Está por Vencer su Número de ITIN de Acuerdo a las Nuevas Reglas del IRS?

(Note: Story follows in English.)  Muchas personas en la comunidad han escuchado que hay unos cambios del Servicio de Impuestos Internos (IRS) acerca de los Números de Identificación de Contribuyente Individual para Extranjeros (ITINs). Estos cambios ocurren porque el Acta para Proteger los Americanos de los de Aumentos de los Impuestos, fue firmada y aprobada…

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MEDA Free Tax Preparation Team Helping the Mission Community, Even Outside of Tax Season

The MEDA free tax preparation team had quite the three-month season from mid-January to mid-April 2016. Over 4,000 returns were filed, translating to $5.8 million in refunds. This is just one way MEDA builds community capital for the historically underresourced community of the Mission District. MEDA’s indefatigable tax team, run by staff and supported by over…

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MEDA Helps Tax Client Get First Refund Ever — One-Third of Annual Income!

“I almost fainted when I saw how much money I was getting back!” says decade-long Mission resident Angelica Maldonado of the $4,110 refund she received when getting free tax preparation at MEDA. Not surprising, considering that this is one-third of her annual $12,000 income. Turns out 40 minutes can change a life. That amount came…

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Building Community Capital: MEDA’s VITA Tax Team Returns $5.8 Million to our Community

When MEDA’s Tax Program Manager Max Moy-Borgen woke up on Tuesday, he breathed a deep sigh of relief. That’s because another successful tax season was under his belt. This is an impactful feat when you run the largest free tax preparation service in the San Francisco Bay Area. Moy-Borgen (photo) counts on his staff, 132…

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Giving Credit Where Credit is Due: State and Local Officials Join to Explain Importance of New California EITC

“Use it or lose it!” Those powerful words from State Board of Equalization Member Fiona Ma, at a press conference held at MEDA today, underscored the importance of getting out the message about the state’s new Earned Income Tax Credit (EITC). Ma fears that if not enough Californians take advantage of this credit, politicians in Sacramento…

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Citi and MEDA Release Taxes White Paper, Are Interviewed by San Francisco Treasurer José Cisneros

With tax season now underway, there is a clear need to seize the moment to provide asset building services to the low-income community. That is why Citi and MEDA have just released a white paper, “Key Elements of Service Integration of Asset Building Services at Tax Time,” to showcase the success of their model. (Read the white paper.)…

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“Earned Income Tax Credit Awareness Day”: Building Family Economic Success in Low-Income Communities

EITC: those four letters sure mean much to the low-income community. The term is so powerful that there’s even a day named for it. That would be “Earned Income Tax Credit Awareness Day,” which is today. “Earned Income Tax Credit Awareness Day” is the brainchild of the IRS and is a federal strategy to foster…

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Top Tax Tips for 2016

MEDA plans to serve at least 4,000 clients this year via what has quickly become the largest free tax preparation service in San Francisco. The below tax tips are important items to keep in mind when coming to Plaza Adelante (2301 Mission Street @ 19th, Room 203) and its three other VITA sites in San Francisco. Tax Tip…

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