California Insurance Commissioner Dave Jones is asking licensed insurance brokers to help educate Californians on the state’s new tax credit for working families.
The California Earned Income Tax Credit (CalEITC) is modeled after the federal law that also offers money back to qualifying working families. With the combined federal and state earned income tax credits, some families can get up to $6,000 – money they can use for housing, utilities, groceries, and insurance premiums.
Many residents are unaware of this benefit, but you can help them – and reinforce your role as a trusted advisor – by sharing information on this new tax credit.
Click here to read the California Department of Insurance notice, or contact your
Word & Brown representative for more information.
