Here is a reminder of a NEW program…
The California 2015-16 Budget included the state’s first-ever California Earned Income Tax Credit (EITC), that puts money back in the pockets of working Californians.
The new state EITC and the existing federal EITC are available to many California working families with incomes up to $53,267 (federal) and $13,870 (state). Eligibility depends on income and family size.
Ask your CPA or tax advisor about how to take advantage of this new program…..it is important to make every dollar work for you!