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Students Honored for Work With Community Tax Assistance Program

Congratulations to Harris Felton and Kiadan Zheng for winning university-level service awards for their work in the Volunteer Income Tax Assistance (VITA) program this spring (students pictured at left with UCA College of Business Dean Michael Hargis).

Professor Ashley Phillips oversees and coordinates UCA’s annual involvement with VITA through the United Way of Central Arkansas. This tax season, students completed 329 tax returns, helped taxpayers claim $357,549 in refunds, and saved taxpayers approximately $60,000 in tax preparation fees.

The IRS’s Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs offer free basic tax return preparation to qualified individuals.

Posted in: Accounting, COB News, Featured News, _All Opportunities, _Awards, _Volunteer on April 26, 2023 Tagged: , , , , , , , , ,

Accounting Students Make an Impact through the VITA Program

Every year, hundreds of thousands of dollars are unclaimed when citizens do not file tax returns. Many do not file because they believe they can’t afford to file their taxes, but the Volunteer Income Tax Assistance (VITA) program can help qualified tax payers file their returns for free. The program, allowed by the IRS, offers free tax help to people who make $57,000 or less, persons with disabilities, the elderly, and limited English-speaking taxpayers who need help in preparing their own tax returns.

Macy Dillard

For students, VITA is a great opportunity to gain experience and give back to the local Conway community. Led by UCA Accounting Professor Ashley Phillips, the program is open to COB students who would like to volunteer or earn college credit in accounting. VITA volunteers receive training and can either prepare returns or do intake. Experienced CPAs then review each return.

“Taxes are stressful for many people, and by helping through the VITA program, I was able to alleviate a big part of that burden. During review meetings, I could see the gratitude and relief wash over my clients’ faces,” said accounting student Macy Dillard.

Last year, students volunteered approximately 420 hours to return more than $324,000 of taxpayer money to the community through the preparation of over 250 tax returns for low-income taxpayers in the region.

“I am so thankful for the big difference I got to make as just a student for both individuals, their families, and the local community as a whole. It is an amazing feeling to see firsthand how much you are helping someone. On top of that, I got great experience, developed my social skills, and gained volunteer hours,” Dillard added.

To receive college credit, students must register for the course that occurs in spring, complete at least 25 tax returns, complete a total of 80 hours (3 hours per week) at United Way. To find out more, contact Professor Ashley Phillips about how to register for the course in spring 2023.

If you need help preparing your tax return in early 2023, learn more about getting help from VITA in Central Arkansas.

Posted in: Accounting, COB News, _All Opportunities, _Volunteer on November 2, 2022 Tagged: , , ,

Accounting Professor Ashley Phillips Awarded the Peter J. Mehl Service-Learning Faculty of the Year Award for VITA Program

Professor Ashley Phillips of the Accounting Department has been awarded the Peter J. Mehl Service-Learning Faculty of the Year Award for 2021-2022. She partners with the United Way of Central Arkansas to offer the Volunteer Income Tax Assistance (VITA) Program to low income taxpayers in our region. Ashley offers a service-learning course for UCA students, who earn the necessary IRS certification, and prepare the tax returns.

UCA accounting students did an amazing job this tax season as part of the VITA program at United Way of Central Arkansas (UWCA). Five UCA accounting majors took the VITA course for credit, and of the five taking it for credit, four volunteered over 80 hours (Macy Dillard, Joseph Howe, Jonathan Humphrey, and Jakob Ligon). There were an additional six UCA accounting majors who volunteered. These students volunteered approximately 420 hours.

UWCA filed 255 federal tax returns as part of the VITA program. UCA accounting students prepared 253 of the 255 returns. These returns brought back over $324,000 to the local community.

Congratulations Ashley!

And way to go VITA student volunteers.

Posted in: Accounting, COB News, _Awards, _Volunteer on April 21, 2022 Tagged: , , , , , , , , ,