Advisory: Calloway School helps kickoff Volunteer Income Tax Assistance program

Members of the Winston-Salem community, including the mayor, local business leaders and non-profit groups, will gather from 7:30 a.m. to 9 a.m. Nov. 14 at Redeemer Presbyterian Church in Winston-Salem to kick off a taxpayer awareness campaign that could return millions of dollars to Forsyth County residents. Members of the media are invited to attend.

Wake Forest University’s Calloway School of Business and Accountancy has been instrumental in organizing the event and lending its support to the education effort.

The event is designed to educate local leaders about the Earned Income Tax Credit, a tax refund available to working families with incomes of around $32,000 or less, and the source of potentially millions of dollars for communities across the country, according to the Internal Revenue Service.

“This is significant money that people don’t even realize they are eligible for,” says Yvonne Hinson, PriceWaterhouseCoopers Faculty Fellow and associate professor of accountancy at the Calloway School. “We want to use our knowledge as accounting professors and students to help bring this money back into Forsyth County.”

Hinson and other Calloway School faculty and students will assist local families to complete their tax forms beginning in March, through the IRS-sponsored program VITA (Volunteer Income Tax Assistance).

Categories: Community, School of Business, University Announcement