Tax Prep Offered by Accounting Associate Program & VITA

    by Dr. Dawn Humburg
    Posted on 1/29/2015


The Volunteer Income Tax Assistance program known as VITA began in the 1960s by the Internal Revenue Service. This program was a part of a national effort to increase its public service. The concept was to provide local taxpayers with free tax return preparation by local accounting students; in effort to provide both a valuable community service and a great hands-on learning experience for the accounting students. VITA provides free income tax preparation services to low income individuals and families all around the country. This program is geared for individuals with income of less than $20,000 and if you are married filing jointly or head of household your earned income must be less than $58,000 for the 2014 tax season.

Iowa Central Community College partnered with the Fort Dodge United Way in 2006 to bring this program to Fort Dodge and the surrounding communities. This all started with one student preparing returns in a downtown office in Fort Dodge. The following accounting interns Lyndsay Adrian, Jobina Kirby, Robert Kron (member of the Iowa Central baseball team), Matt Meiners (member of the Iowa Central baseball team), Mariah Mitchell, and Yesenia Tarin are located at the Fort Dodge library volunteering with the VITA program. Iowa Central is the second VITA location with the following accounting interns Travis Hamm (member of the Iowa Central cross country/track and field team) and Jasmine Stokes (member of the Iowa Central cross country/track and field team). The site coordinators at these sites are Dr. Dawn Humburg CPA, Jessica Martens, and Mitch Lewis.

The volunteers begin with two weeks of training with one of the site coordinators. The volunteers started by reading the IRS workbook 4491 which helps understand the tax laws and the tools to assist you in preparing and filing accurate returns. Volunteers had to read the code of conduct book and take a certification exam to proceed to the next step. There was a basic and an advance exam that the volunteers had to take. The basic exam consisted of several common scenarios dealing with different examples of people wanting their tax returns done. The advanced exam was a little more in depth and required the knowledge of someone that understood the tax laws more. These volunteers are required to complete 120 hours for their internship for the accounting program at Iowa Central.

The goal is that this program will continue to grow and strive for many years to come. Over the past seven years, the volunteers have helped bring back $3.2 million to the Fort Dodge area. This would not have been possible if it were not for the 5,700 internship hours that were provided by Iowa Central students. Last year, the public library in Fort Dodge completed around 360returns, while the students on the Iowa Central campus completed around 40returns; which makes a total of about 400returns which saved the clients at an estimated $76,800 in tax preparer fees. The program helped clients receive $211,528 in earned income tax credit. The education credits last year were $45,074 received back by clients. Clients last year got $519,144 in federal refunds and $79,256 in total state refunds. This all had an increase on the economic impact of $675,200.

Tax preparation appointments may be made by e-mailing vita@iowacentral.edu or calling 515-955-8880. These services are located in the AST Building, Room 402, Studio B or at the Fort Dodge Public Library. The VITA program is staffed by accounting interns from the Accounting Associate and Numbers at Night Programs under the direction of Dr. Dawn A. Humburg CPA, Program Coordinator.