Free Tax Prep!!
All Business IDA Holders are eligible for Free Tax Preparation. Call Prosperity Works now at (505)217-2747 to schedule your appointment!
Prosperity Works is proud to announce the receipt of an $8,000 Capacity Building Grant from the National Community Tax Coalition (NCTC). The grant is designed to reach underserved populations and provide excellent tax assistance. The award will allow Prosperity Works to increase the free tax preparation services provided to those it has helped develop or grow a small business.
“This is a fantastic opportunity for Prosperity Works to better serve our IDA participants,” said Sharon Henderson. “We see the need for these services in the state of New Mexico, and look forward to helping our IDA businesses move toward stability.”
Individual Development Accounts (IDAs) were created to encourage savings, investment and asset accumulation among low and moderate income families.
New Mexico is a state of high self-employment both formal and informal. Of the 1,156 IDAs managed by Prosperity Works, over half of them have been for business. The NCTC Capacity Building Grant Program will allow Prosperity Works to interweave education around Social Security benefits of full income reporting as well as the impacts of tax liabilities.
All Business IDA Holders are eligible for Free Tax Preparation. If you are enrolled in the IDA Program or have purchased a business asset, Call Prosperity Works now at (505)217-2747 to schedule your appointment!
Tax Help New Mexico is another option…
The CNM/United Way Tax Help New Mexico program offers free assistance in preparing and filing income tax returns at 35 locations in New Mexico. Thay can help most New Mexico residents with an annual household income of less than $50,000 or who are over the age of 65.
Click on their website to find locations…
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