The partnership aims to provide financial education and tax preparation services to low-income families and individuals.
The Partnership: A Win-Win for All
The partnership between Royal Credit Union and Chippewa Valley Technical College is a collaborative effort that benefits both parties. Royal Credit Union, a community-focused financial institution, is committed to providing financial education and resources to its members. By partnering with Chippewa Valley Technical College, Royal Credit Union can offer its members access to tax preparation services and financial education, which can help them make informed decisions about their financial lives. Key benefits of the partnership include:
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The VITA Program: A Critical Component
The Volunteer Income Tax Assistance (VITA) program is a critical component of the partnership. VITA was created to provide free income tax return assistance to taxpayers who cannot afford to pay for professional help. The program is staffed by volunteers who are trained to provide accurate and efficient tax preparation services. By partnering with VITA, Royal Credit Union can provide its members with access to these critical services. Benefits of the VITA program include:
The Impact on Low-Income Families and Individuals
The partnership between Royal Credit Union and Chippewa Valley Technical College has a significant impact on low-income families and individuals. By providing access to financial education and tax preparation services, the partnership can help these individuals make informed decisions about their financial lives.
Introduction
The Volunteer Income Tax Assistance (VITA) program is a vital service that provides free basic income tax return preparation and e-filing to eligible individuals. This program is made possible by the dedication of student volunteers from Chippewa Valley Technical College. In this article, we will delve into the details of the VITA program, its benefits, and how it can be accessed.
Benefits of VITA
The VITA program offers numerous benefits to eligible individuals, including:
How VITA Works
The VITA program works by assigning eligible individuals to a trained student volunteer who will prepare and e-file their tax return. The eligibility of individuals is determined on a case-by-case basis by the VITA volunteer. This personalized approach ensures that each individual receives tailored assistance to meet their unique tax needs.
Eligibility Criteria
To be eligible for the VITA program, individuals must meet certain criteria, including:
Accessing VITA Services
VITA services can be accessed through the Chippewa Valley Technical College website or by visiting the college’s campus.
PRESS RELEASE: Tax Assistance available through Chippewa Valley Technical College and Royal Credit Union partnership | Royal Credit Union
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