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ADVISORY/Russell Simmons Hosts Press Conference To Announce Partnership With Jackson Hewitt Tax Service.


Entertainment Editors/Business Editors

ADVISORY...for Wednesday Wednesday: see week.  (Dec. 10)

--(BUSINESS WIRE)

Alliance To Benefit Americans Without A Traditional Banking

Relationship And Raise Awareness Around

The Earned Income Tax Credit The United States federal Earned Income Tax Credit (EITC) is a refundable tax credit that reduces or eliminates the taxes that low-income married working people pay (such as payroll taxes) and also frequently operates as a wage subsidy for low-income workers.  


WHAT:     The press conference will feature hip hop music mogul
          Russell Simmons, CEO of Rush Communications; and Mike
          Lister, president and CEO of Jackson Hewitt Inc., the
          nation's second largest tax preparation company.  The
          partnership will enable the over 48 million Americans
          without a traditional banking relationship to avoid paying
          check cashing fees and receive discounted tax preparation
          service this coming tax season.

          The partnership also seeks to educate and inform Americans
          without bank accounts about the IRS Earned Income Tax
          Credit.  According to the most recent IRS figures, in a
          single year over $2 billion in Earned Income Tax Credits go
          unclaimed.


WHERE:    Jackson Hewitt Tax Service Office
          301 West 152nd Street  (Cross Street Frederick Douglas
          Boulevard)
          Harlem, NY 10039

WHEN:     Wednesday, December 10
          10:00 AM

COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 8, 2003
Words:157
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