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KeyBank and CHN Help Max Tax Refunds; Free Tax Prep Puts Cash Back in Clevelanders' Pockets Fast
KeyBank and CHN Help Max Tax Refunds; Free Tax Prep Puts Cash Back in Clevelanders' Pockets Fast
Published 01-31-06
Submitted by KeyBank
"Many taxpayers are unaware of the earned income tax credit (EITC). Last year there were nearly 25,000 Clevelanders eligible for the EITC who did not apply. But, it goes beyond just awareness," says Cleveland District President Elizabeth Oliver.
"People need a trusted resource to help them file their return and understand how to make the most of their refund. Super Refund Saturday not only ensures people will get their full refund amount, it bridges people to important information on how to save and invest their refund money, reduce their debt and even what to consider when buying a home."
Super Refund Saturday is a far-reaching community effort coordinated by the Cuyahoga County Earned Income Tax Credit (EITC) Coalition. The coalition joins together agencies such as OneCleveland, the nonprofit provider of community-based ultra broadband services, and NorTech, a regional leader in shaping Northeast Ohio's technology and innovation economy to facilitate more efficient electronic filing for this year's EITC program.
"By joining forces with the Cleveland Housing Network and utilizing the support from other community partners, we are uniting forces to help people and communities build wealth and achieve economic self-sufficiency," says Oliver. "In fact, from this event, we expect more than $300,000 to be directly refunded to participants. Money that impacts their lives and our local economy."
Super Refund Saturday is entirely a volunteer effort that includes forty IRS Tax Law Certified student volunteers from the Case Western Reserve University MBA program and Law School preparing tax forms. Volunteers from KeyBank, Cleveland Housing Network and local nonprofit agencies will also be on hand to address questions and provide information on saving and investing, home buying, and reducing debt.
To qualify for free tax preparation, residents must bring the following items to the event:
Residents may qualify for the earned income tax credit if they:
Residents may set up an appointment, 216.881.8443 x. 1. Walk-ins are also encouraged and welcomed. Free initial assessments will be provided for residents who are uncertain if they qualify.
Cleveland Housing Network
For over 25 years, Cleveland Housing Network has generated more than $364 million in capital investments in Cleveland neighborhoods, developing 3,600 homes and delivering energy conservation/home repair services to 65,000 households across Northeast Ohio. This organization currently produces about 300 homes annually and provides weatherization and home repair services to more than 5,000 households each year. Over the past two decades, Cleveland Housing Network has built highly effective and ongoing programs and funding partnerships with a host of individuals and organizations throughout the community. This well-established network of 23 member community development corporations, government agencies and officials, banks, corporations, foundations and academic and religious institutions helps sustain the organization and maximize its benefit to the greater Cleveland region.
About KeyCorp
Cleveland-based KeyCorp (NYSE: KEY) is one of the nation's largest bank-based financial services companies, with assets of approximately $93 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.
Note to Editors: For up-to-date company information, media contacts and facts and figures about Key's lines of business, visit our Media Newsroom at Key.com/newsroom.
KeyBank
KeyBank
KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $187 billion at June 30, 2024.
Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC.
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