COMMUNITY    MATTERS
		What You Need to Know About the Economic Stimulus Act Payments

Some economists are saying the U.S. is in a “fearsession” rather than a recession. I’m not an economist so I don’t know, but wouldn’t it be nice if the Economic Stimulus Act of 2008 could help individuals build wealth, while easing some fears and adding a little stability to our volatile economy?

Starting in May and extending for several weeks into the spring and summer, some 130 million American households will receive one-time economic stimulus checks ranging from $300 to $1,200 plus additional amounts for each qualifying child. A payment schedule is available at the Internal Revenue Service website, www.irs.gov. Read the full article...
 
 Deborah S. Bayle
 President and CEO

IMPACT MATTERS

Get Free Tax Help and Use Your Stimulus Payment Wisely

United Way of Salt Lake believes everyone should be financially stable. As part of our effort to improve financial stability, we encourage individuals to utilize free tax help and use tax refunds and economic stimulus payments wisely.

Many Utahns are eligible for the stimulus payments - the IRS says eligibility for and the amount of stimulus act payments will vary according income and family situations. Nonetheless, no stimulus payments will be given to those who don’t file a 2007 tax return, so it is essential that we spread the word regarding the importance of filing.

To help ease the burden of preparing tax returns, many elderly and low income individuals and families may qualify for free tax assistance. Visit a Volunteer Income Tax Assistance (VITA) site for help. To find a VITA site, dial 2-1-1 or visit www.utahtaxhelp.org. Read the full article...

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