By John Nevitt |
For many hard working families, $300 can be the difference between being in crisis and managing a minor emergency. All of us have been there at some point or another; the furnace goes on the fritz, the car needs new brakes, your son falls off his skateboard and requires stitches. Life happens!
For families living from paycheck to paycheck, having a cushion that's as small as $300 can make a big difference. That’s why for the last few years, Metro United Way has partnered with organizations across the state to enact a state Earned Income Credit (EIC). In short, the Kentucky EIC is a tax credit modeled after a similar federal credit that would help low-to-moderate income families make ends meet.