For the 15th year, Monmouth College will offer computerized tax preparation and e-filing (federal and state) at no cost to the taxpayer, beginning in February. This service, which will be available at the college’s new Center for Science and Business, is provided in cooperation with the Internal Revenue Service’s Volunteer Income Tax Assistance (VITA) Program.
Accounting professor Judy Peterson, coordinator of MC’s program, said VITA has a two-fold purpose: service and education for the community, and citizenship and education for the students. She also noted an important change that will affect the early stages of this year’s program.
“Only those taxpayers earning $51,000 or less may come the first weeks (Feb. 1 – 15),” she said. “Others with higher incomes may start coming on Feb. 17. We will let you know if your return items are within the parameters of the VITA program.”
All ages of taxpayers are served, from students through retirees. Taxpayers who use the VITA sites are strongly encouraged to e-file, as they can expect quicker response to their filings, and the IRS can reduce its processing costs.
Assistant professor of accounting Connie Mersch will assist Peterson in coordinating the program. Mersch, who joined MC’s faculty in 2011, previously worked in the tax departments of several major companies.
Beginning Feb. 1, the tax preparation will be available on a first-come, first-served basis at the Center for Science and Business (enter through the south doors). The building, located in the 700 block of East Broadway, is handicap accessible.
Weekdays sessions will be held 4 – 7 p.m. Mondays and Wednesdays through April 14 (except March 10 and March 12). Two Thursday sessions will be held on Feb. 6 and Feb.13. Saturday sessions will be held 9 a.m. – 4 p.m. (except March 8 and March 15).
“High volume is expected during our first few sessions, and that should be taken into account, especially for those traveling from afar,” added Peterson.
More information, including what to bring to a VITA session in addition to photo identification and Social Security cards, is available at firstname.lastname@example.org.