Traditionally, taxpayers who need assistance during the tax season can find programs that fit their needs. Unfortunately, due to COVID, 2021 already looks challenging. But don’t lose hope: help is still available. VITA and TCE The IRS isn’t ruling out opening Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) sites but…
It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim house office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. V is for VITA. The Volunteer Income…
Need help this tax season? The Internal Revenue Service (IRS) Volunteer Income Tax Assistance (VITA) program is offered at nearly 12,000 preparation sites across the country and focuses on tax assistance for low- and moderate-income taxpayers and the elderly.
Last week, the Internal Revenue Service began accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, which will allow some organizations to apply for annual funding for up to three years. Applications will be accepted June 1, 2010, through July 9, 2010. Previous grant recipients will…
Shortly after I posted this piece about IRS cutting ties with ACORN, I received an email asking me, among other things, if I thought this was a good thing and if we should “get rid” of the VITA program altogether because of the potential for giving bad advice. I didn’t immediately respond to the email…
Occasionally, a news item will come across my desk that will cause me to do a double take. This story, reported on the PR Newswire, was one of those items: Wal-Mart will offer free tax filing services to eligible taxpayers in its parking lots. Just let that sink in for a minute. In fairness, it…