Valley Celebrates Free Tax Preparation and Economic Empowerment

Tax Preparation and Economic Empowerment
WAYNE, N.J. – Thursday, March 8, 2018 – “It’s really free,” affirmed Phyllis Salowe-Kaye, Executive Director of New Jersey City Action (NJCA) as she kicked off the Press Conference and Sponsor recognition of NJCA’s Free Tax Preparation service for those with household income under $54,000.  In its 12 year, NJCA and its partners returned $1.4 Billion to families and their communities through purchasing power.  This year they’ve already filed over 2000 returns.

Valley was among this year’s bank sponsors along with healthcare foundations; both industries acknowledge that income is a social determinate of health. Eligible participants can also sign up for other programs that contribute to the wellbeing of families such as SNAP and ACA.

One of NJCA’s clients spoke about her experience with leveraging the NJCA Free Tax Preparation that earned her a significant Federal and State refund of her hard-earned dollars including the Earned Income Tax Credit (EITC) credit which eligible tax payers are too often unaware of. This client applied her returned funds to utility bills, credit card balances and future rent obligations while also leveraging NJCA and partner facilitated savings incentives. 

The Tax Preparation program is accessible in a couple of Newark locations as well as in Highland Park and Bloomfield and more information can be obtained by calling 1-888-829-3711.  

About New Jersey Citizen Action

New Jersey Citizen Action is a statewide grassroots organization that fights for economic and social justice. They combine on the ground organizing, legislative advocacy, and electoral campaigns to win progressive policy and political victories that make a difference in people’s lives. Through education, outreach and direct services, they empower people to take control of their economic futures.

About Valley National Bank

Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with over $29 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, Florida and Alabama. Valley National Bank is one of the largest commercial banks headquartered in New Jersey and is committed to providing the most convenient service, the latest in product innovations and an experienced and knowledgeable staff with a high priority on friendly customer service. For more information about Valley National Bank and its products and services, please visit www.valleynationalbank.com or call our Customer Service Center at 800-522-4100.