Vita bigger bucks for your community or show me the money
Download
1 / 22

VITA – Bigger Bucks For Your Community OR Show Me The Money! - PowerPoint PPT Presentation


  • 104 Views
  • Uploaded on

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

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' VITA – Bigger Bucks For Your Community OR Show Me The Money!' - quon-mclaughlin


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
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 Preparation

  • Basic

  • Intermediate

  • Advanced or Military


Training

Link & Learn Practice Lab Preparation

Training


Eitc extra money in your pocket

EITC - Extra Money in Your Pocket! Preparation

Earned Income Tax Credit is a fully-refundable credit


Eitc extra money in your pocket cont

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

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.) Preparation

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 Preparation

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 Preparation

www.irs.gov

  • Partner & Volunteer Resource Center


Vita around oklahoma

VITA Around Oklahoma Preparation

VITA Sites located in 55 of 77 Counties

74% Coverage rate


Other methods for providing vita services

Other Methods for Providing VITA Services Preparation

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! Preparation

MoneyWise Debit Card

U. S. Savings Bonds

Balance Due Counseling

Split Refund

Referrals to other Asset Building Programs


Funding opportunities
Funding Opportunities Preparation

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? Preparation

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? Preparation

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]


ad