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07/07/00 14:15 THE WELFARE TO WORK The White House/Margy Waller 001 Jul-07-2000 03:57pm From-WELFARE TO WORK PARTNERSH 2029551087 T-155 P.001 F-399 for a prelima Ameeting The Welfare to Work opening Monday. PARTNERSHIP The OAU Secretary General, Salim Ahmed Salim, said the meeting was taking place at a at WEEK ENDING July 7 claiming lives on the continent. RCA 2000: Earned Income Tax Credit Outreach: Burger King The Earned Income Tax Credit (EITC) provides low- Burger King Corporation believes the Earned wage workers with a way to supplement their income Income Tax Credit is an effective tool for retention by reducing their tax burden. This month, RCA 2000 and recruiting. All company-owned restaurants will focus on the EITC and ways businesses can display EITC posters, send employees information connect their workers to this valuable retention and in their paychecks and make W-5 forms available for those who want EITC advance payments. promotion support. Promoting the EITC is a smart idea for business. Restaurant managers receive annual training on the EITC advance payment option so they can inform Workers use the EITC to pay down outstanding bills, workers. "Once you start looking there is a wealth put a down payment on a car or bolster their savings of information out there on EITC," said Millie account. They also use it to meet regular expenses, Huneycutt of Public Programs at Burger King such as child care and transportation- two of the top Corporation. She often utilizes information and retention concerns facing employers. forms obtained from the Center on Budget and Policy Priorities and the Internal Revenue Services *** on the EITC [0 train managers. Burger King has What is it? The EITC is a tax benefit for low-income found the EITC an effective and accessible tool to working families. Some eligible families receive up to help their employees stay on the job longer. $3,600 annually. Eligible families can chose either the Call the Center on Budget and Policy Priorities to advanced payment option, which adds the money to a learn more about their outreach program: 202-408- worker's paycheck or in a lump sum at tax time. 1080 or go online to http://www.cbpp.org Who qualifies for the EITC? Single or married EITC Fact people who worked full or part time in 1999 can qualify for the credit depending on their income. In 1998, the Earned Income Tax Credit lifted 4.3 million people out of poverty, including 2.3 Workers with one child and earned less than million children. - Coalition on Human Needs $26,928 in 1999 can receive up to $2,312. HR Help Workers with two or more children and earned less than $30,580 can receive up to $3,816. Life Skills Education (LSE) offers a variety of Workers with no children, between the ages 25-64 pamphlers to help new hires adjust to the on December 31, 1999 and who earned less than workforce. LSE's goal is to help people acquire the $10,200 can receive an EITC of up to $347. life skills that will improve their lives. How can I learn more? The Internal Revenue Service Titles include First Step Up: Making the Most of Your has information online Entry Level Job; Attitude: Make It Good and Look http://www.irs.gov/tax_edu/teletax/tc601.hml. Call Sharp: Making Your Appearance Work for You at Work. For more information, call 1-800-783-6743 or go 1800 TAX-1040 for other E[TC related information. online to http://www.lifeskillsed.com 1250 Connecticut Avenue, NW Suite 610 Washington, D.C. 20036-2603 Telephone 202 055 3005 Fax 202 955 1087 Email [email protected] Web Site www.welfaretowork.org Toll free for interested businesses 1 888 USA JOB1 The Welfare To Work Partnership is a not-for-profit corporation, organized under the laws of the District of Columbia. http://news.bbc.co.uk/hi/english/world/africa/newsid_823000/823355.stm 7/7/00