The Center for Economic Progress (CEP) helps hard-working, low-income families move from financial uncertainty to financial security. We offer a full-range of services to help families acquire the knowledge, skills, tools and confidence to make sound financial choices.
CEP provides low-wage workers with free, high quality tax preparation and an alternative to paid tax preparers. We serve families who make less than $50,000 and individuals who make less than $25,000. Based on these income guidelines, we can help one in three Illinois residents.
Through our tax clinic, we provide free, professional representation to low-wage taxpayers facing an IRS controversy. We also offer tax training for small businesses to establish sound business practices, build their knowledge of record keeping and self-employment tax laws.
We help promote financial education and sound money practices -- helping cut ties to predatory financial services. We provide year-round workshops and one-on-one financial coaching to help clients set financial goals; create a spending plan; access safe and affordable bank products like bank accounts and small dollar loans; and review and correct credit reports and improve credit scores.
The Center for Economic Progress was founded in 1990 by Michael O’Connor, a veteran public benefits lawyer. Formerly the Center for Law and Human Services, the agency first focused on helping homeless families and individuals access services.