Amount Owed on Accounts is Too High
Your credit score suffers when debt balances are too high.
Settlement for Debt Relief Includes Many Costs, Few Benefits
It is a far from perfect solution. In some cases though it can help you move forward from previous mistakes.
How Identity Thieves Steal Your Information
Understanding how the thieves typically obtain information can help prevent being victimized by the crime.
Take No Risks With Credit Insurance
Have you been fooled by this "packaged profit" tack on? It can make repayment of any debt nearly impossible.
6 Things to remember before filing bankruptcy
Here are a few things which you might like to know before deciding to opt for bankruptcy.
Debt Management Tips for a Smarter Debtor
Keep track of your expenses before your debt gets out of control.
What You Need to Know About Home Equity Interest
Interest rates depend on your credit, equity, your limit on the line of credit and market conditions.
Debt Settlement: The Right Solution?
One benefit and dozens of consequences hardly sound like a fair tradeoff. Tell them you are not stupid enough to believe their lies.
Amortization: Pay Down Your Mortgage in Baby Steps
Thirty years of 6% interest on a $200,000 home loan will see you pay an additional $230,000 in interest.
Help With Cell Phone Bills
Are there strange charges on your cellular bill? You may be able to dispute some of those charges with this approach.

Call us now

1-800-838-0861

How are Volunteer Tax Preparers Certified?

By Chris Buchheit on September 30, 2010

taxes-(1).jpgEvery year when the tax man comes around in April, people scramble to get their taxes done and done correctly. It is absolutely a time of stress. Not only is the process confusing and annoying, but you end up losing money because of it. The ironic side is that the better you prepare your taxes, the more money you might end up owing. People even make money off of their ability to prepare your taxes for cheap. Fortunately, there are professionals within the IRS program VITA (Volunteer Income Tax Assistance) who will help you with your tax reports. However, each of these professionals must be certified within the IRS itself. What does the certification in the program entail?

The basic level process takes a minimum of twenty hours, and each volunteer must be recertified annually. The certification helps ensure that consumers receive the best possible tax help they can – for free! This comes about through the Volunteer Income Tax Assistance program, which is designed to help people with moderate to low incomes with their tax preparation. The program also extends help towards the elderly and those with military experience. It started in 1969 under the IRS so it could provide free tax assistance. Those who are trained under the program, of course, are not tax experts, but they are quite knowledgeable within the field. Anybody can become a VITA volunteer. The program has spawned several others around the country. States have created comparable programs designed to help those prepare their taxes, but all are under IRS control.

In fact, for the first time, other businesses that help people out with their taxes will be placed under IRS supervision. Other programs similar to VITA will be overseen by the IRS to ensure that the volunteers or employees are sufficiently qualified to be helping people with their taxes.

Even though tax season can be incredibly stressful, especially for those who do not completely understand the preparation process, people can turn to these volunteer programs to help.
Two of our partners provide volunteer income tax assistance. Raleigh residents may find their closest VITA location through the Wake EITC Coalition. For other locations, see 211.org.
Current Rating: 0 (0 ratings)
Share:   Add to Twitter   Add to Facebook   Add to Terchnorati   Add to Google Bookmarks   Add to Digg   Add to Reddit   Add to Delicious
Defeat Your Credit Card Debt Today!
 




(-





*Please input the following code to safely submit your information.
 Security code