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IRS taking VITA grant applications until June 2
WASHINGTON (5/12/14)--The Internal Revenue Service will be accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs through June 2.
The TCE program offers free tax help for all taxpayers specializing in questions about pensions, particularly those who are 60 years of age and older. The VITA program offers free tax help to people who generally make $52,000 or less, those with disabilities, the elderly and taxpayers with limited English skills.
The VITA grant program was established in 2007, allowing the program to extend services to underserved populations in hard-to-reach urban and non-urban areas. Some organizations can apply to receive annual funding for up to three years.
Credit unions across the nation participate in the VITA program, most notably helping community members by helping them identify which tax credits they may be eligible to receive ( News Now Jan. 21).
Applications must be submitted through by June 2. Previous grant recipients have the option to apply for up to three years of annual funding, which reduces the amount of paperwork that must be completed annually, and helps recipients with budget planning.
Interested applicants can find TCE and VITA application packages on Electronic versions of the grant application package instructions, Publication 1101 for TCE and Publication 4671 for VITA, can be found on the website.
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