Another Successful Tax Prep Season!

Here at Centerboard, we’ve had another very successful VITA season. VITA stands for Volunteer Income Tax Assistance. It is an amazing program that engages local volunteers and pairs them with that community’s residents who need quality tax preparation. The volunteers are trained and certified by the IRS and there is no cost to participate for those getting their taxes done. An important element of the program is to inform people on the various tax codes that may apply to them. One of these is the Earned Income Tax Credit. The EITC is a refundable tax break provided by the state of Massachusetts in order to provide a meaningful boost to the after-tax earnings of low-income working families. It is available only to tax filers with earned income and provides benefits primarily to workers with children.[1]

The Earned Income Tax Credit is a valuable resource to working families as it provides some financial relief for those trying to stay out of poverty. We all know that poverty affects children the most and through this credit, hard working families are able to provide more to ensure that their children are able to live a healthier life.

During this year’s tax season, our VITA program was able to process over $200,000 in returns via the Earned Income Tax Credit. We were able to help numerous families while also providing a boost to Lynn’s local economy. Thanks to BMC HealthNet Plan for sponsoring this important community initiative!

 

[1] www.massbudget.org

Volunteers Needed for VITA Program 2015

Its VITA time again! Not familiar with VITA? It stands for Volunteer Income Tax Assistance. This program is an amazing and impactful community initiative that helps local residents get quality tax preparation without the hefty price tag. Volunteers sign up and receive up to date training from the IRS on the current standards, rules and regulations of tax preparation. Participants in the program receive their tax prep for free. This program provides a valuable service to all the communities it serves and we are very happy to bring it back to Lynn, thanks to our sponsor BMC HealthNet Plan.

Volunteers are truly what make this program go, (aside from Rockstar Centerboard employee Marisol!), and this year will be no different. We need a dedicated staff of volunteers to fulfill several different roles. The hours are flexible, the training is free and the time commitment is up to you!

Over 4 years of Centerboard’s VITA program, our volunteers have helped to generate over $4 million in tax returns, the majority of which goes right back into Lynn’s local economy.

Here is a brief description of how you can help. If you are interested in becoming a volunteer, please email your contact information to Marisol HERE.

Greeter/Screener – You greet everyone visiting the site to create a pleasant atmosphere. You screen taxpayers to determine the type of assistance they need and confirm they have the necessary documents to complete their tax returns. Tax law certification is not required for this position.
 
Tax Preparer – You complete and successfully certify in tax law training, including the use of electronic filing software, to provide free tax
return preparation for eligible taxpayers.
 
Quality Reviewer – You review tax returns completed by volunteer tax preparers, ensuring that every taxpayer receives top quality service and
that the tax returns are error-free. You must be tax law certified at least at the Intermediate level.

If you are looking to learn a new skill set, brush up on your tax skills or give a helping hand to your community, volunteer for our VITA program today!