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
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