The Internal Revenue Service (IRS) has designated Friday, January 28, 2011 as Earned Income Tax Credit (EITC) Awareness Day. The goal of EITC Day is to increase public awareness of the EITC, which is a refundable credit for people who work but do not earn high incomes. It helps eligible taxpayers lower their taxes or receive funds. Both New York State and New York City have local versions of EITC. The IRS wants all eligible taxpayers to receive the EITC they deserve.
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