Too many low-income families don’t tap tax credits that offer big cash refunds
“When it comes to filing income tax returns, most Americans worry that they will owe money to the federal government or a state tax collection agency. But for thousands of low-income Los Angeles County residents each year, often the opposite is true. The IRS and the state Franchise Tax Board owe them money. But due to uninformed tax preparers or because people fail to file their taxes at all, residents are unknowingly short-changed millions of dollars.”