CLEVELAND – KeyBank and the Cleveland Housing Network will hold a FREE tax preparation day on Saturday, February 4 for people whose single households earned $35,263 or less in 2005. The Super Refund Saturday event will be held from 9:00 a.m. to 3:00 p.m. at the Cleveland Housing Network’s Community Training Center at 4008 St. Clair Avenue. The event will allow for more than 150 area residents to electronically file their tax return without incurring additional costs or fees often associated with some traditional tax preparation services.
“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.
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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.
