Tax Time is a network of nonprofit, business and government organizations that works to provide free tax assistance services and connect low- and moderate-income households to financial resources. In the nine years since its inception, Tax Time volunteers have prepared and processed nearly 140,000 returns and saved clients an estimated $29 million in tax preparation fees.
Tax Time combines two free tax preparation programs under a single umbrella:
1) United Way of Central Ohio’s Volunteer Income Tax Assistance (VITA) program
2) AARP’s Tax Counseling for the Elderly (TCE) program
These partners operate more than 40 sites throughout Franklin County, where trained and certified volunteers prepare federal and state tax returns from January through April. Other lead partners include the Legal Aid Society of Columbus and HandsOn Central Ohio.
WHY IT’S IMPORTANT
For many in our community surviving on low- and moderate-incomes, tax time is a critically important financial moment. Several tax credits help bridge the gap between what working families earn and what they need to survive. In fact, these credits can combine to form a refund that provides low-income households with their largest paycheck of the year, accounting for up to 45% percent of their annual income. Additionally, these families save up to $200 in tax preparation fees by visiting a free Tax Time site.