GWU offers free tax prep services

Feb. 07, 2013 @ 06:16 AM

Gardner-Webb University professors and students are volunteering their skills to help the community by offering a free income tax preparation service. 

The Volunteer Income Tax Assistance (VITA) will be offered on Tuesdays, from 5 to 8 p.m. in Hamrick Hall, located on the Gardner-Webb University campus.

The Godbold School of Business, Students in Free Enterprise (SIFE)/ENACTUS team have completed Internal Revenue Service (IRS) training and will offer their services to families and individuals who earn less than $52,000 a year.

Before coming to the Boiling Springs VITA location, participants can prepare for the visit by bringing:

• Social security cards for everyone listed on the return, including children;

• Photo I.D. of taxpayer and spouse;

• All income information, including W-2s, 1099s, etc.;

• Information on deductions for donations;

• Medical expenses; and

• Property tax information.

Dr. Denise Smith, a certified public accountant (CPA) and assistant professor of business administration and healthcare management at Gardner-Webb, believes citizens will benefit from completing their taxes as soon as possible. 

“Even if you are not expecting a refund, it helps to have your return completed early so you know the amount of liability,” Smith said. “Liabilities can be paid through April 15 without penalty or interest.”

For more information on the VITA sessions, call 704-406-4382 or to find additional VITA locations, visit www.irs.treasury.gov/freetaxprep.

 

Gardner-Webb media relations contributed to this report