December 1, 2010
WHERE: Temple University Ambler, Learning Center Room 308, 580 Meetinghouse Road
WHEN: Saturdays, February 5 through April 9, 1 p.m. to 5 p.m.
It’s a time many of us dread — tax time will be here before you know it. Wending through the complex maze of federal, state, and local tax preparation is a yearly ritual that most families would probably like to avoid if they could.
While many of us will simply pop in the latest version of TurboTax, visit a local tax preparation service, or call up an accountant, there are many families, individuals, and students that simply can’t depend on those luxuries for assistance and guidance.
For 2011, the Temple University Ambler Accounting Professional Society and Beta Alpha Psi, supported by campus faculty and additional volunteers, will provide the federal and state tax preparation help that many low-to-moderate income families and students need, particularly in these difficult economic times. The program is part of the VITA (Volunteer Income Tax Assistance) program, in association with the Montgomery County Tax Coalition.
At Ambler on nearly every Saturday, from February 5 through April 9, Volunteer Tax Assistants — all of them trained and certified students — will be available at the Ambler Campus Learning Center Room 308, from 1 to 5 p.m., to offer free tax preparation assistance through the VITA program.
“VITA is a program for those with low-to-moderate incomes. If a family’s income is less than $50,000 they are eligible for this program,” said Temple University Accounting Professor Steven Balsam, who also advises the Ambler Accounting Professional Society and Beta Alpha Psi. “Certainly Temple University students and students throughout the region in need of tax preparation assistance are invited to take advantage of this special program. Our Volunteer Tax Assistants can also help students and community members in claiming any special credits and deductions for which they may be eligible.”
According to Balsam, Ambler’s participation in the VITA program for the past four years has been an entirely student-driven initiative. The Temple University Ambler Accounting Professional Society/Beta Alpha Psi won Student Organization of the Year in 2010 for their hard work and dedication in providing this service to the community.
“They had heard about the program and were very interested in participating. The VITA program also helps raise awareness about the Earned Income Tax Credit, the Child Tax Credit, and other important issues that people getting ready for tax time might not be aware of,” he said. “It’s certainly a valuable service for the public. Whereas it might cost $100 or more for tax preparation elsewhere, here they are able to get the help they need for free.”
Students, individuals, and families, interested in taking advantage of the program are asked to bring this year’s tax package, wage and earnings statement (Form W-2) from all employers, interest statements from banks (Form 1099), a copy of last year’s tax return, if available, and other relevant information about income and expenses.
Volunteer Tax Assistants— who undertake training to become certified — are needed for this highly successful program, which received the Temple University Ambler Community Service Award in 2009. To learn how to become a volunteer, please contact Dr. Steven Balsam at firstname.lastname@example.org.
The VITA Program at Temple University Ambler is by appointment only and space is limited. Qualifying families, individuals and students are asked to call 215-326-9519 to schedule an appointment.
CONTACT: James Duffy, 267-468-8108, email@example.com, release available by e-mail