The Louisville Asset Building Coalition (LABC) announced today that it is receiving $30,000 in funding from the Intuit Financial Freedom Foundation (IFFF) to support and grow its programs that help low- and moderate-income individuals and families save during tax season.
IFFF is the presenting sponsor of Tax Time Allies, a group of organizations across the country partnering to help taxpayers use tax time to kickstart a new effort to take control of their finances and save more of their hard-earned money.
LABC, which operates the Volunteer Income Tax Assistance (VITA) program in the Louisville area, will use the funding to add an 11th free tax filing site in 2023, and to recruit and train the additional volunteers necessary to staff the new site. VITA IRS-certified tax preparers also help determine if residents are eligible for the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC).