Volunteer Income Tax Assistance

Sponsored by VITA

Deadline: Friday, May 14, 2021 by 11:59pm EST

Overview

The VITA Program is an excellent opportunity for Beta Alpha Psi chapters to gain exposure on campus and in the community.  As an added benefit, chapter members that volunteer gain valuable practical experience in income tax preparation which is a life skill.  There are several ways to offer the Program and remain social distanced. See Process section below.

Prize/Award 

Non-Contact Process Award – Recognizes BAP chapters that participated in non-traditional methods listed below.

Return Preparation – Recognizes BAP chapters that prepared more than 500 returns (combination of Traditional, non-Contact, and 1040NR/EZ)

1040NR/EZ Preparation – Recognizes BAP chapters that prepare 1040NR/EZ returns

Regional Award – Recognizes regions that have at least 40% chapters participation in VITA Program

Volunteer Hours – Recognizes the top three BAP Chapters with the most VITA volunteer hours. 

1)    Sites coordinated by BAP chapter
2)    Sites coordinated by community partner

Superior Award Presented to the best performing BAP chapter that excelled in VITA return preparation and volunteer hours. 

Eligibility

All chapters are eligible to participate in VITA. 

Process

VITA has several ways for chapters to participate and adhere to social distancing:
  1. Traditional – Chapter members provide free income tax preparation assistance to chapter members, students, and the community. These sites are generally located on campus.  
  2. Facilitated Self Assistant (FSA) – Allows students to prepare and electronically file their own tax return with the aid of a VITA certified volunteer, if needed.
  3. Virtual – Taxpayers and student volunteers are not in the same location.  Tax documents are securely transmitted to VITA site for preparation.
  4. Drop-Off – Return documents are dropped off at VITA site and prepared at later time.
  5. Remotely via the Internet – VITA Software is placed chapter’s website for students to prepare their own returns.  BAP certified volunteers should be available to provide assistance, if needed.
  6. File/Screen Sharing – Via a secured electronic method, taxpayers and student volunteers use a screen sharing platform for return preparation.

Each return prepared through these methods are added to the overall return preparation numbers for special recognition considerations.  

Award Process

Winners are determined by the IRS. 

Contact

For more information please contact Rawlin Tate, Senior Tax Analyst – IRS at 404-219-0358 or rawlin.tate@irs.gov, or reach out to your VITA Territory Manager

Reports

VITA Reports are due Friday, May 14, 2021. Please complete the form here.

Other Information

Other ways to participate in VITA to give back to the community

Read this article from the IRS about how to volunteer as a tax preparer to gain skills and help the community.


Hear what our Professional Partners think about BAP!

At Xero, we want millions of small businesses to thrive through better tools, information and connections with their accounting and bookkeeping partners. We know technology is only half the equation - it's the human and technology elements combined that make the role of an accounting professional so powerful. Members of Beta Alpha Psi are the catalyst to make our mission a reality and represent the future success of small businesses as the advisors that will lead them forward.

Ryan Wakefield
Xero