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The VITA Value Proposition: Expanding Free Tax Assistance Program Parameters to Empower More Low-Income Microbusinesses

Sponsored by the Annie E. Casey Foundation and the Sam’s Club Giving Program, this white paper makes a series of arguments regarding why the IRS should expand the limited scope of its current Schedule C Volunteer Income Tax Assistance (VITA) Pilot to the entire VITA system. Currently, the parameters set forth by the IRS exclude many low-income microbusinesses from receiving free tax assistance and, in some cases, additional wrap-around business development or asset building services. This paper demonstrates the value of the Schedule C VITA program and the benefits microbusinesses, the self-employed and, in turn, the American economy would reap with the expanded scope of Schedule C VITA programs.

Click here to download "The VITA Value Proposition: Expanding Free Tax Assistance Program Parameters to Empower More Low-Income Microbusinesses"