PNS National Newscast

Audio Activation
"Siri, play the Public News Service (podcast)"
"Hey Google, play the Public News Service podcast"
"Alexa, play Public News Service podcast"
or "Alexa, what's my news flash?" once you set it up in the Alexa app

2020Talks

Audio Activation
"Siri, play the 2020Talks podcast"
"Hey Google, play the 2020Talks podcast"
"Alexa, play Two-Thousand-Twenty Talks podcast"
or "Alexa, what's my news flash?" once you set it up in the Alexa app

Newscasts

PNS Daily Newscast - March 5, 2021 


New rules should speed large-scale clean-energy projects in NY; Texas' Gov. Abbott tries to shift COVID blame to release of "immigrants."


2021Talks - March 5, 2021 


A marathon Senate session begins to pass COVID relief; Sanders plans a $15 minimum wage amendment; and work continues to approve Biden's cabinet choices.

Study: Free = More than $14 Million Boost for Kentucky

Downloading Audio

Click to download

We love that you want to share our Audio! And it is helpful for us to know where it is going.
Media outlets that are interested in downloading content should go to www.newsservice.org
Click Here if you do not already have an account and need to sign up.
Please do it now, as the option to download our audio packages is ending soon

January 5, 2009

Frankfort, KY – January is the beginning of tax season in Kentucky. A new study from the Kentucky Asset Success Initiative (KASI) shows that the free tax preparation service KASI offers generates more than $14 million in economic activity in local communities. KASI calculated the benefit based on the Earned Income Tax Credit (EITC) refunds KASI helped families obtain in 2008.

Mary O'Doherty directs the project for the Kentucky Domestic Violence Association. She says families put their EITC refund into local economies quickly, and the money percolates through communities.

"These lower-income families are very likely to use their refunds to make overdue repairs on their cars or their homes, or to buy big-ticket items like a new refrigerator."

O'Doherty says the other goal of the free tax preparation service is to get families who qualify for EITC refunds to avoid using paid tax preparers and/or getting refund anticipation loans. These loans offer immediate cash, but that speed comes with a cost: annualized interest rates of more than 200 percent, according to O'Doherty. Companies that offer the loans say they are a service to families who can't wait for a refund; about one-third of families receiving the EITC refund use refund anticipation loans, according to Internal Revenue Service data.

O'Doherty points out that filing is done electronically at KASI and that means people get a quick refund as well as free tax preparation.

"We want to help them get their taxes done at no cost to them. If they have their taxes done at one our 52 sites, they can get their refund in seven to 10 days."

Information on KASI tax sites can be found at www.kdva.org/tax.html.

Deborah Smith/Deb Courson, Public News Service - KY