During tough economic times, maximizing tax returns and saving money on assistance in filing taxes can make a big difference. Beginning Wednesday, Feb. 3, certified student volunteers from Drexel University’s LeBow College of Business will assist in the preparation of tax returns at no cost to citizens filing returns with incomes of $49,000 or less who do not plan to itemize deductions. This service will be offered on Wednesday evenings from 6 – 8 p.m. and Thursday afternoons from 1 – 5 p.m. through April 15 in the Pearlstein Business Learning Center at 32nd and Market streets.
This program is offered through a partnership with the IRS Volunteer Income Tax Assistance (VITA) program, which trains and certifies these student volunteers for income tax preparation, enabling them to maximize returns for the individuals they are assisting. In order to become IRS-certified tax preparers, volunteers were required to score 80 percent or higher on an IRS test of their tax knowledge.
“As a partner of the Philadelphia community, LeBow College is pleased to provide this service to the surrounding community free of charge,” said George P. Tsetsekos, Ph.D, dean of Drexel University’s LeBow College of Business.
Glenn Rollins, a senior stakeholder relationship tax consultant with the IRS, said, “We are proud to join with the students at LeBow College to offer complimentary tax assistance to residents of Philadelphia. These student tax preparers will be well-prepared to help people file various types of returns accurately and on time.”
Free income tax preparation is available by appointment only. For appointments, please call 215.895.0436.