Le Lézard
Classified in: Business
Subjects: CSR, FVT

KeyBank Offers Free Tax Preparation Services at Nine Super Refund Saturday Events on February 3


CLEVELAND, Jan. 30, 2018 /PRNewswire/ -- KeyBank will host its annual Super Refund Saturday event on February 3, 2018, partnering with organizations in nine communities to provide free tax season and post-tax season support.

KeyBank (PRNewsFoto/KeyCorp)

For 13 years on Super Refund Saturday, KeyBank employees have worked alongside volunteers from community organizations to provide free tax preparation services to those who need it most, helping low- to moderate-income individuals and families determine their eligibility for the Earned Income Tax Credit (EITC). Along with the nine Super Refund Saturday events, KeyBank will provide tax preparation support for tax season in partnership with local organizations in an additional 13 communities.

Each year, thousands of qualifying Americans do not claim the EITC on their federal income tax returns, meaning billions of dollars in much-needed refunds goes unclaimed. Super Refund Saturday is a cost-effective way for tax filers to navigate the potentially confusing tax preparation process and ensure they are getting their full return.

"At KeyBank, our purpose is to help clients and communities thrive," said Bruce Murphy, KeyCorp's Head of Corporate Responsibility. "KeyBank does that through a long-standing commitment to the neighborhoods where we live and work. Super Refund Saturday is one important way we help our neighbors thrive year-in and year-out. This year, we're pleased to announce that we're bringing this program to 22 of the communities we serve."

The EITC is a refundable tax credit for low- to moderate-income individuals and families with eligible children who do not earn enough to file a tax return. Started in 1975, it has become one of the top anti-poverty programs. Nationwide during 2017, more than 25.8 million eligible workers and families received about $63.8 billion in EITC (Source: IRS)

According to the IRS, to qualify for the EITC earned income must be less than:

According to the IRS the maximum Earned Income Tax Credit a tax filer can receive is:

If participating in Super Refund Saturday, income tax return filers should bring these documents:

In 2017, KeyBank assisted with the preparation of 802 filings, which resulted in a total of $1,718,252 in refunds, with more than half coming from EITC filings. This year, KeyBank will partner with community organizations in nine metro areas to hold Super Refund Saturday events on February 3. Below is information on these events, including location and times along with contact information for the local community partner. Note that in some instances, pre-registration is required.

 

 

 

 

 

 

 

 

Additionally, KeyBank will provide tax preparation support throughout tax season in partnership with local organizations in 13 communities: New Haven, CT; Albany, NY; Buffalo, NY; Syracuse, NY; Poughkeepsie, NY; Columbus, OH; Cincinnati, OH; Portland, OR; Pittsburgh, PA; Erie, PA; Doylestown, PA; Burlington, VT; and Seattle, WA.

About KeyBank
KeyCorp's (NYSE: KEY) roots trace back 190 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 $137.7 billion at December 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,200 branches and more than 1,500 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 is Member FDIC.

SOURCE KeyBank


These press releases may also interest you

at 15:00
Coldwell Banker Seaside Realty was proud to recently announce The Heather Sakers Team as their Top Producing Team for the Kitty Hawk office. Based on total sales volume for the year, this accolade was earned by The Heather Sakers Team for achieving...

at 15:00
General Dynamics Information Technology (GDIT), a business unit of General Dynamics , announced today that it was awarded a $922 million contract to modernize the U.S. Central Command's (CENTCOM) enterprise IT infrastructure. The new contract,...

at 14:59
Over 200 senior operations and finance leaders are expected at SuperReturn CFO/COO North America, a private equity operations event for C-suite leaders.  The curated agenda features keynote speakers and panelists covering the hottest topics.  The...

at 14:55
Peninsula Canada, a global leading HR and health & safety firm, committed to making a positive impact in the community, is proud to announce a partnership with SickKids Foundation, a leading charity dedicated to supporting The Hospital for Sick...

at 14:54
CCOMGROUP Co-Chairmen Manny Machado and Luis Gonzalez-Esteves announce the promotion of Sandra Pastrana, established advertising and communications professional with award-winning results, to President, effective immediately. In this role, Pastrana...

at 14:50
The Huntington National Bank and its Lift Local Business program have been nationally recognized by the Consumer Bankers Association (CBA) with the 2024 Joe Belew Award. The award honors CBA member banks for their efforts to address pressing social...



News published on and distributed by: