Financial Literacy / Asset Building Content Topic Results

These questions and answers address issues such as the process for requesting innocent spouse relief, time for filing, the process for contacting an ex-spouse after filing, rules, and appeal rights.

This collection of key facts explains who is eligible for the tax credit, how the size of an individual or family’s credit is calculated, how mid-year changes in income and household size affect tax credit eligibility, and how the reconciliation between the tax credit amount a person receives and the amount for which he or she is eligible will be handled.

Prohibiting creditor practices that discriminate on the basis of sex and marital status.

In addition to providing basic background information on the Community Reinvestment Act (CRA), this fact sheet identifies institutions covered by the CRA and discusses the Office of the Comptroller of the Currency’s responsibilities with respect to the CRA.

This webpage provides background information on the two types of 529 plans: pre-paid tuition plans and college savings plans.

This toolkit includes ideas on how to integrate economic empowerment into your work with survivors of domestic violence through the use of a strengths-based model, an introduction to credit and the importance of credit as an asset, information about Matched Savings Accounts and Individual Development Accounts, and a resource guide to guide you as you start incorporating asset building strategies into your work.

This toolkit was designed to assist nonprofit human service organizations help their low-wage, frontline employees access work supports. The work supports to which this toolkit refers are government programs that help low-income working families make ends meet by providing financial or in-kind assistance.

This paper examines recent state tax policy proposals that will inevitably result in increased tax burdens on low-income families; considers the effect of federal and state Earned Income Tax Credits on parents who are court-ordered to pay child support; and calculates the impact of that policy on parents in four focus states.

The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. Included above is a summary of major rights under the FCRA.

This document provides a wealth of information on the Truth in Lending Act, which mandates that credit and charge card companies disclose their interest rates and other information about an account to the borrower before processing the loan.

This fact sheet highlights how the EITC and CTC have proven to be powerful tools for reducing children's poverty and advancing their long-term well-being.

This blog is dedicated to providing up-to-date information on tax credit legislative activity, particularly introduced bills and signed law that relate to tax credit programs for families.