tampabay.com

Tax credit not taken by thousands in county

Business people will discuss this morning the earned income tax credit for low-income workers.

By MELIA BOWIE
Published January 28, 2005


NEW PORT RICHEY - Need a reason not to cringe at tax season? Low-income workers in Pasco County might have one in the federal government's earned income tax credit.

The only catch: They need to apply, say county business leaders.

More than 6,000 families across the county passed up $3-million in tax refunds in 2002, according to the most recent estimates from the United Way of Pasco and the IRS.

Today, the United Way and the Pasco Economic Development Council are teaming up to teach business leaders - and through them local employees - about the tax credit.

The groups are sponsoring a free breakfast at the International House of Pancakes at 4736 U.S. 19 N in New Port Richey at 7:30 a.m. to discuss the tax benefit.

"We can take up to 25 people," said Susan Arnett, United Way of Pasco president. Most spots are filled but if needed, "we can (plan) an encore breakfast."

Begun about 20 years ago, the earned income credit is "one of those ideas that rewards people for working" and helps them to transition from welfare, said Bill Humphrey, a volunteer and district coordinator with the United Way of Pasco.

For information on the credit, call the United Way of Pasco Helpline at (727) 845-4357 or toll-free at 1-877-828-8929.