NEW YORK — A $125,000 grant from the Internal Revenue Service is helping a coalition of 16 community development credit unions open Voluntary Income Tax Assistance sites.
According to the National Federation of Community Development Credit Unions, which is administering the grant, the first participating VITA site at Alternatives FCU, headquartered in Ithaca, New York, is already open. The other 15 sites will open early in February.
"The IRS has been a proud partner of the Federation for over six years," explained Debra J. Chandler, National Credit Union Relationship Manager and Senior Tax Analyst at the IRS Financial Institutions Partnership office. "We selected the Federation Coalition as a recipient of an inaugural VITA Grant, because of their ongoing commitment to serving low-income and underserved communities across the nation. In addition to hosting free tax preparation sites, we are confident that this funding will enable the Federation's Coalition to promote financial education, tax education, and asset-building strategies to low-income consumers."
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"The Federation is proud to support and promote VITA sites at credit unions across the country," said Federation CEO Cliff Rosenthal. "Our member and partner credit unions work hard to provide their communities with access to affordable financial services, and VITA sites help ensure low-income people take advantage of the various tax rebates they are entitled to by law."
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