Chu spreads word to Chinese community about tax credits

Assemblywoman Judy Chu, D- Monterey Park, and representatives from the IRS and Chinatown Service Center held a news conference in Monterey Park on Wednesday to demonstrate how families can file for these credits. About 68 percent of low-wage earners use commercial tax preparers, but some can be misl...

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Bibliographic Details
Published inKnight Ridder Tribune Business News p. 1
Main Author Dai, Ivy
Format Newsletter
LanguageEnglish
Published Washington Tribune Content Agency LLC 23.03.2005
Subjects
Chu, Judy
Earned income tax credit
Income taxes
Tax returns
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Summary:Assemblywoman Judy Chu, D- Monterey Park, and representatives from the IRS and Chinatown Service Center held a news conference in Monterey Park on Wednesday to demonstrate how families can file for these credits. About 68 percent of low-wage earners use commercial tax preparers, but some can be misleading and offer triple-digit interest rates on rapid return loans, according to Chu.