There are many sites where a taxpayer may obtain free tax services across America and overseas. The Volunteer Income Tax Assistance Service (VITA) is available to assist with tax preparation when the budget is low.
VITA was created to assist low and moderate income taxpayers. It saves the taxpayer the cost of paying to have their taxes completed. The income range to qualify for the free service is approximately $45,000. The service is excellent and preparers dig deep to get each taxpayer every possible credit and deduction on the books.
Having served as a VITA preparer while in the military and having helped many service members with their taxes while stationed overseas and in America, I can attest to the credibility of VITA.
The preparers are trained and must pass an examination given by the Internal Revenue Service to be a certified VITA preparer. Each preparer is certified to complete tax returns depending on the complexity. If the preparer is not trained to handle stocks and bonds, or a small business, that preparer will send the taxpayer to another VITA preparer who is trained to complete such a tax return.
The average cost of preparing the basic tax return today is as high as $200. Save yourself the time and money, find a VITA site, and relax with a professional assisting you and navigating the tentacles of taxing taxation.
As always, one should check with a tax professional before making a decision.
