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VITA – Bigger Bucks For Your Community OR Show Me The Money!. Volunteer Income Tax Assistance Program. VITA originated in 1969 as a result of an increased emphasis on taxpayer education programs due to the Tax Reform Act of 1969. VITA Target Markets. Low Income People with Disabilities

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Presentation Transcript
volunteer income tax assistance program
Volunteer Income Tax Assistance Program

VITA originated in 1969 as a

result of an increased emphasis

on taxpayer education programs

due to the Tax Reform Act of

1969.

vita target markets

VITA Target Markets

Low Income

People with Disabilities

Limited English Proficiency

  • Elderly
  • Native American
  • Military
starting point
Starting Point

What resources can my agency provide?

  • Location
  • Equipment & Supplies
  • Volunteers
  • Training
location
Adequate space with ample parking

Public restroom

Handicap accessible

Location
equipment supplies
Equipment & Supplies
  • Computer
  • Internet Access
  • Laser Printer
  • Office Supplies
recruiting volunteers
Possess computer skills

Enjoy working with public

Work with diverse members of the community

Ability to be flexible

Recruiting Volunteers
planning a vita site
Site Coordinators plan, organize, supervise & promote all aspects of

the VITA program

Volunteer Positions

Greeter

Screener

Preparer

Reviewer

E-file Coordinator

Planning a VITA Site
taking a closer look at preparing volunteers for tax preparation
Taking a Closer Look at Preparing Volunteers for Tax Preparation
  • Tax Law Training & Support
  • Practicing & Testing on Link & Learn - Certifications for volunteers
  • Tax Preparation Software Training
irs certification levels
IRS Certification Levels
  • Basic
  • Intermediate
  • Advanced or Military
eitc extra money in your pocket

EITC - Extra Money in Your Pocket!

Earned Income Tax Credit is a fully-refundable credit

eitc extra money in your pocket cont

EITC – Extra Money in Your Pocket! (Cont.)

To get EITC, claim it by filing tax return even if you aren’t otherwise required to do so

You may qualify if you are single, married, with or without children

eitc extra money in your pocket cont1

EITC – Extra Money in Your Pocket! (Cont.)

Amount of credit varies depending on your income, marital status & family size

Get up to $5,666 extra back from IRS when you file your taxes

May be only opportunity for taxpayers to save

paid preparer fees

Paid Preparer Fees

Avg. Fee for EITC return = $160 per return*

EIC VITA returns = 80,885

Paid Preparer Fees Savings = $13.3M

*2007 Data – Center for Economic Progress, “Making the Case for Community VITA Funding”

irs resources
IRS Resources

www.irs.gov

  • Partner & Volunteer Resource Center
vita around oklahoma

VITA Around Oklahoma

VITA Sites located in 55 of 77 Counties

74% Coverage rate

other methods for providing vita services

Other Methods for Providing VITA Services

Virtual VITA Site Operation Module:

Non-IRS Certified Volunteer Intake Site linked with Certified Volunteer Preparation Site.

FSA (Facilitated Self Assistance)

Self-Service Tax Preparation

vita more than just a free tax preparation site

VITA – More Than Just a Free Tax Preparation Site!

MoneyWise Debit Card

U. S. Savings Bonds

Balance Due Counseling

Split Refund

Referrals to other Asset Building Programs

funding opportunities
Funding Opportunities

VITA Grant

  • Enables VITA program to extend services to underserved populations
  • Increases capacity to file returns electronically
  • $10M expected for 2012 grant

annual funding

interested

Interested?

Send an e-mail to [email protected]

Your information will be forwarded to IRS Manager responsible for your State

Local Relationship Manager will contact you

questions
Questions?

IRS:

Pam Charles – Sr. Stakeholder Relationship Manager

55 N. Robinson MC: 1040

Oklahoma City, OK 73102

Phone: (405) 297-4054

Cell: (405) 343-5842

Fax: (405) 297-4135

Email: [email protected]

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