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Davidson News

Free Tax Prep L.A.: Helps Thousands in Los Angeles County Claim Missed Tax Credits and Boosts Financial Security!

Volunteers Aid L Indiviower-Incomeduals in Tax Filing

Community-Driven Financial Relief

According to the Los Angeles Times, in Los Angeles County, IRS-certified volunteers at Free Tax Prep L.A. locations are assisting individuals with lower and moderate incomes in filing their taxes. This collaborative effort supported by the city of L.A., the L.A. County Department of Consumer and Business Affairs, and Koreatown Youth + Community Center, focuses on helping eligible individuals access benefits such as the earned income tax credit (EITC) and other valuable credits. Aimed at providing financial assistance to those facing economic challenges, Free Tax Prep L.A. ensures that individuals can utilize the EITC, offering unrestricted cash for their specific needs. Despite these opportunities, a substantial number of eligible Californians are not availing themselves of these benefits, resulting in significant unclaimed funds each year.

READ ALSO: IRS Announces Refund Dates For 2024 EITC And ACTC Filers

Free Tax Prep L.A.: Helps Thousands in Los Angeles County Claim Missed Tax Credits and Boosts Financial Security! (PHOTO: CBS News)

Free Tax Prep L.A. Supports Individuals in Koreatown

Sandy Huaman, a part-time receptionist and server in Koreatown sought help at a recent workshop supported by Free Tax Prep L.A. Last year, she faced a $4,000 tax burden, but with assistance, she’s now applying for the earned income tax credit (EITC) and a child tax credit. Planning to use the refund for a family trip to Peru, this initiative goes beyond tax optimization, addressing language, cultural, and benefit concerns. By aiding individuals in navigating the tax system, especially at places like Koreatown Youth + Community Center, volunteers play a vital role in enhancing economic security for those with limited incomes.

READ ALSO: Nissan Leaf 2024 Qualifies For $3,750 Federal EV Tax Credit In Tennessee

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