Groups to offer students income tax assistance
Fraternity, VITA Committee received IRS training to provide free tax preparation
By DONNA
LONGENECKER
Reporter Assistant Editor
Members
of Beta Alpha Psi, a national honor fraternity for accounting, finance
and management information systems students at UB, and the VITA (Volunteer
Income Tax Assistance) Committee will offer free income tax assistance
to UB students from 1-5 p.m. on March 2-3 and March 9-10 in 122 Jacobs
Management Center.
Students
are asked to bring with them this year's tax package and/or label, all
forms, including W2s and 1099s, information regarding any other income,
deductions and/or credits and a copy of last year's tax return.
The
IRS-trained volunteers also will be available to help international
student with their tax forms, although those services will be offered
only on March 9-10.
International
students who are required to file tax returns are urged to take advantage
of the service, said Roger McGill, interim vice president of human resources,
the office responsible for helping the fraternity organize and promote
the event this year.
Fraternity
members Kevin Weng and Rahul Doshi, VITA committee co-chairs and graduate
students studying accounting in the School of Management, said they
are excited to be able to help international students this year and
recently have received training from the IRS in order to do so.
The
fraternity has provided this free tax preparation for UB students for
the past several years, said Weng and Doshi, but the service wasn't
well publicized until this year.
"This
year, we have decided to promote this program and devote our time to
those people who are truly in need of our service. Both of us are doing
this because we see this as a great event for both the community and
our fraternity," says Doshi.
"By
providing this service," says Weng, "our fraternity members are able
to experience something they cannot learn from the textbook. Our members
can also apply what they learn from textbook and IRS training to the
real world."
Doshi
says that if a student's tax issues are beyond the scope of VITA, the
volunteers have been advised to refer the student to appropriate tax
consultants.
"This
saves students trouble, time and energy, especially during the semester,"
he said of offering the free service on campus.
"We
see this as a win-win situation because both sides benefit, and we hope
that we can revive the VITA program that has been Beta Alpha Psi's tradition,"
says Weng.