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Welcome!

Financial Literacy Academy. Individual Development Accounts. Family Finance Solutions Events. One on One Financial Counseling. Free Tax Preparation Program. HomeCorps Program & much more. For more information or to schedule an appoinment please contact Natalia Monsalve Financial Literacy Coordinator at 978-654-5725 .(JavaScript must be enabled to view this email address) or contact of all us at .(JavaScript must be enabled to view this email address) We provide the financial tools, but only you can make it a success! Please stay tuned for upcoming opportunities. Like us on Facebook https://www.facebook.com/pages/Financial-Literacy-Program-at-Community-Teamwork-Inc/136219236443824

Featured Workshops

Summer Evening Workshops

For more information & to register Click MORE WORKSHOPS. Workshops are free, for adults only, include child care & pizza for dinner. The workshops will run Wednesdays from 6:00-7:15pm starting on 06/5/2013 through 07/31/2013, & they cover a variety of extremely helpful financial topics.

Summer Day Workshops

For more information & to register Click MORE WORKSHOPS Workshops are free, for adults only, you'll have two opportunties to win a gift certificate to Market Basket. The workshops will run Fridays from 10-11am starting on 06/7/2013 through 07/26/2013, & they cover a variety of extremely helpful financial topics.

Family Finance Solutions

For more information about this event held on the evening of May 21, 2013, see our workshop calendar

Life Events

  • Buying a Home

    First time home buyer? Already own a home?

  • Going to college

    Full time or part time, college can be a great investment in the future!

  • Retiring

    Begin planning your retirement today and build a more secure future.

  • Moving Out

    Planning and budgeting for setting up your own household
More Life Events

Recent Blog Posts

  • Tips to Start Saving for Next Year’s Tax Return

    by Gail Fortes

    Tips to Start Planning Next Year’s Tax Return- Gail Fortes; CTI’s Volunteer Income Tax Assistance Coordinator Believe it or not, planning for next year’s tax return should start now. Being organized and planning ahead can save you time, stress and money. Here are 6 things you can do now to make it easier for next year. 1. Adjust your withholding Do you get a large refund, but really need more money in your check every week? Consider having your employer adjust your withholding so you get a little more in your paycheck. It will reduce your refund, but give you more money for bills. If you end up owing every year, consider changing your withholding so that more is taken out...you’ll owe less at the end of the year. It’s expensive to owe the IRS. If you can’t pay in full then you are accessed interest and possibly fines on what you owe. 2. Store your return in a safe place Put your 2012 return and supporting tax documents in a safe place, so you’ll know where to find them next year. You may need them if you’re applying for financial aid, a home loan or government benefits. 3. Organize your records Establish one location where everyone in your household can put tax-related documents during the year. If you itemize, use a “Charley Card” or are self-employed you need to make sure you keep a mileage log, receipts, etc. to back-up your deductions. 4. Shop for a tax professional Professional advice can help save you money and time. You’ll know what you can deduct and what documents you need to save beforehand saving you stress and time when tax time is near. REMEMBER – you are ultimately responsible for the accuracy of your return regardless of who prepares it. Find tips for choosing a preparer at www.irs.gov. 5. Itemizing deductions In order to itemize your qualified expenses (including charitable donations) they must be more than your standard deduction. If your deductions fall a little below your standard deduction, you may be able to bring it up through charitable donations, making an extra mortgage payment, etc. If you have medical deductions, they must exceed 7.5% of your income before you can use them. Check out allowable deductions at www.irs.gov on Tax Schedule A. 6. To file or not to file? If you worked, but didn’t earn enough to have to file, you may still want to do it if taxes were withheld. This particularly applies to working high school /college students or working young people who are also being supported and claimed as dependents by parents. Your parents may be able to claim you, but again you may be able to get a refund of all or part of your withholding.

  • Financial Literacy Quiz

    by CTI Financial Literacy Program

  • Financial Literacy Quiz

    by Financial Literacy Program

  • Breaking Spending Habits

    by Natalya Monsalve

More blogs