Mayor Greg Fischer joined community partners in announcing the start of free federal and state income tax preparation assistance for eligible residents, including VITA, AARP Tax Aide, and the new Tax Time Connect initiative.
Tax Time Connect is a new initiative between the Volunteer Income Tax Assistance Program (VITA) and Bank on Louisville’s Banking Access work. The goal is to help Louisville residents file their taxes and create a bank account with a certified financial institution, if they don’t have one already.
Check these websites for information from the IRS, FDIC, and CFPB that will help you file your taxes and get the most out of your tax refund.
These handouts from the Consumer Financial Protection Bureau can help you be prepared to file your tax return and understand your options for saving your tax refund.
The Financial Health Network investigated how people were using overdraft during the pandemic. The data showed that financially vulnerable households, younger individuals, and people of color are disproportionately impacted by overdraft policies.
Contact your financial institution to learn more about their COVID-19 relief efforts and discuss your individual eligibility.
This resource from the Federal Deposit Insurance Corporation lists frequently asked questions, and their answers, for bank customers during COVID-19.
This document outlines financial empowerment tips to manage your finances during the COVID-19 pandemic.
Access Prosperity Now’s data tool to download estimates of unbanked and underbanked households at city, county, metro, and state levels.
The CFE Fund’s Bank On National Account Standards provide local programs with a benchmark for account partnerships with financial institutions, and include both core and recommended features.