Wake Forest Accountancy Students Prepare Tax Returns for Free

2.20.2011 General, News Release, School News

WINSTON-SALEM, NC – Accountancy students from the Wake Forest University Schools of Business are donating their time and talents to prepare tax returns for free in conjunction with the Forsyth Working Families Partnership.

The Volunteer Income Tax Assistance (VITA) program has sites set up throughout Winston-Salem. Forsyth County residents qualify for this free income tax preparation service if a family makes up to $49,000 per year (or individuals up to $24,000).

More than 60 Wake Forest accountancy and law students will be preparing tax returns at Goodwill Industries, 2701 University Parkway in Winston-Salem on Wednesdays between the hours of 4:00 p.m. – 8:00 p.m. from Feb. 9 through April 16. Approximately 50 of these students are enrolled in an Introductory Tax class at Wake Forest and will receive class credit for their efforts.

“I believe strongly that students learn best when they apply the course material in a real world setting. The VITA program allows them to give back to the community while applying this knowledge,” said Yvonne Hinson, director of accountancy programs at Wake Forest University Schools of Business and the faculty member teaching the tax course.

A complete list of VITA sites, hours of operation, and a list of documents to bring may be found at (www.forsythfreetax.org).