Students Assist with Tax Prep on Campus

///Students Assist with Tax Prep on Campus

Students Assist with Tax Prep on Campus

Senior Oliver Flood, a financial management major, assists a VITA client.

Twenty-seven Ferrum College accounting students have received training to assist with STEP’s Volunteer Income Tax Assistance (VITA) program, which will be available on campus through April 11. Tax Day is April 15.

VITA, an IRS-sponsored program, provides free tax preparation assistance to those whose annual income is $55,000 or less.  Sessions will be available on the Ferrum College campus in Beckham Hall, rooms 201 and 204, on Wednesdays from 4 to 9 p.m. and Thursdays from 4 to 6 p.m., with the exception of March 6 and 7 when the students are away for spring break.  To schedule an appointment, call STEP at 540-483-5142.

“Our students have put in a tremendous amount of effort to learn the new tax laws and regulations to properly prepare tax returns for our clients,” explained Sadie Wallace, assistant professor of accounting and VITA program director at Ferrum College. “As a whole, the group has prepared around 200 tax returns this tax season so far, with that number to increase substantially by the time April 15th arrives. This program would not be successful without the countless hours of commitment and dedication the students put in to help serve the Ferrum College community and the surrounding areas.”

Those taking advantage of this volunteer program should bring all tax-related documents, including W-2’s, photo identification, last year’s tax return, and social security cards for themselves and dependents.

Check out this Franklin News-Post article to learn more about the VITA program offered in Franklin County.  Read more about STEP here.