Vita bigger bucks for your community or show me the money
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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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VITA – Bigger Bucks For Your Community OR Show Me The Money!

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Vita bigger bucks for your community or show me the money

VITA – Bigger Bucks For Your CommunityORShow Me The Money!


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


Training

Link & Learn Practice Lab

Training


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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