Thursday January 31, 2008
For Immediate Release
Louisville Metro Council
Contact: Tony Hyatt 574-4137/526-3622
In an effort to assist working families, Councilman Bob Henderson (D) 14 announces a new program in Valley Station that will offer free tax filing and asset building advice.
“We want to help families making less than $40,000 a year who may not be aware of exemptions they are qualified for under the tax system,” says Henderson. “At the same time, we have experts who may be able to help that same family build for the future.”
The Volunteer Income Tax Assistance program will set up an office at 5435 Johnsontown Road at the St. Clement School Building. The program will run through February and March.
“The good thing about this program is it may offer some good advice to keep families and homeowners from becoming victims,” says Henderson. “It can also offer a away to handle debt.”
The Volunteer Income Tax Assistance program (VITA) is a cooperative effort by the Internal Revenue Service offers free tax help to low income to moderate income (generally, $40,000 and below) people who cannot prepare their own tax returns. Certified volunteers sponsored by organizations receive training to help prepare tax returns in communities across the country..
Some of the other services offered are: appropriate financial education, tips for debt reduction, special banking products with no or low fees and savings programs, information about home ownership, credit and foreclosure counseling and many other supportive services.
There are over 60,000 families eligible in Metro Louisville who could put approximately $26 million back into the local economy, but in 2006, only 5000 families took advantage of this opportunity and not many were in the Southwestern part of Metro.
The program is operated by the Louisville Asset Building Coalition, a non profit organization dedicated to promoting financial stability and asset building for individuals and families. LABC in a partnership with the IRS provides free filing of tax returns to insure receipt of the Earned Income Tax Credit and other federal and state tax credits for which folks may be eligible.
Henderson is partnering with Metro United Way, Louisville Metro Government, Community Foundation of Louisville, the Louisville Asset Building Coalition and many other community organizations to bring the program to the Southwest Metro Louisville.
For all information about times and dates about the Volunteer Income Tax Assistance please call 502-292-6182. For additional information call Councilman Henderson at 574-3459 or the Metro United Way 211.
Here at the times for the service in February and March:
What: Free Tax Filing Service
Who: Anyone making less than $40,000 per year
Where: St. Clement School, 5435 Johnsontown Road.
When: Beginning February 4th through March 2008
Monday through Wednesday 9:00am to 4:00pm
Thursday 9:00am to 7:00pm
Saturday 10:00am to 3:00pm
Bob Henderson (D) 14