Colorado community college students helped low- and moderate-income taxpayers collect $6 million in refunds this year through Tax Help Colorado.
The program, funded by the Piton Foundation, targets working families who are eligible for tax credits such as the Earned Income Tax Credit and Child Tax Credit.
Participating students take a tax-preparation class in the fall to earn IRS certification. In the spring semester, they operate a free tax preparation service at the college. Students receive credits for both semesters, real-world experience and exposure to careers in tax work and accounting.
New Mexico colleges that participate in Tax Help New Mexico report enrollment increases in accounting and business majors.
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at 7:58 am
[...] college students can take a class, earn IRS certification in tax preparation, then provide free tax assistance to low- and moderate-income [...]
at 10:37 am
[...] students can take a class, acquire IRS certification in taxation preparation, afterwards yield free taxation assistance to low- and moderate-income [...]
at 5:54 pm
What a fantastic idea, particularly given the scourge of those Refund Anticipation Loan businesses that generally prey on lower income families.