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

IRS VITA Program

By Jonathan Boral on January 22, 2010

The Volunteer Income Tax Assistance (VITA) Program, is a special needs operation sponsored by the Internal Revenue Service (IRS). The program aims in helping under privileged families fill out tax return forms.

To qualify for the VITA Program, individuals usually must receive an income of $49,000 or lower. This is to ensure that the participants of the program are justly deserving of the free services they receive. Also, many low income individuals and families have less time to work on tax returns, meaning many times without the VITA Service their tax returns may be incorrect or not filed at all.

Not only does the program assist in filing tax returns, it also educates participants about special tax credits, such as the Earned Income Tax Credit and Credit for the Elderly. Most locations, usually held at community centers, libraries, or schools, help e-file tax returns. This ensures that they will be filed quicker than if done by paper and mailed through the post office; sometimes twice as fast! Participants can usually expect their refund check within ten days of filing.

VITA volunteers are usually community individuals who have received specialized tax filing instruction before they work with clients. Many of these volunteers are retired financial workers or community members who have an interest in gaining knowledge about tax returns.

Call the IRS at 1-800-906-9887 for your closest VITA location.
The main purpose of the program is to give underprivileged individuals specialized instruction, and also teaches them more about their own financial well being. Volunteers are taught to work with participants, not for them, helping them to understand the policies of the IRS. Also, most VITA offices make participants bring personal identification along with all required forms, making sure they know exactly what forms they are being assisted with.

The IRS VITA Program teaches that it is always better to teach a man to fish than to merely give him a fish for dinner!
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