From Feb. 4 through April 15, Monmouth College student volunteers will
be available on Wednesdays and Thursdays from 4-7 p.m. in Room 308 of the
college’s McMichael Academic Hall (one building east of the main academic
building, Wallace Hall) and on Saturdays from 1-4 p.m. in the Warren
County Library. Due to spring break at the college, those locations won’t
be staffed on March 6, 10, 11 and 13.
Monmouth’s VITA program is coordinated by Judy Peterson, associate
professor of accounting, who explained that the Internal Revenue Service
has provided the college with computers, software and training. She added
that the college students who will staff the program have all taken the
college’s federal tax course and have passed the IRS certification exam.
“Last year we surveyed our participants,” said Peterson. “Ninety-eight
percent of those completing the survey were satisfied with the services
provided by VITA. The college has provided the program with a third
computer this fall. Therefore, the waiting time should be reduced this
year. One hundred percent of those completing the survey stated they would
use the service again and would recommend the service to a friend.”
“It is obvious that she and her students are doing a great job,” said
college president Richard Giese. “This program continues to thrive under
her leadership.”
“The new thing we did in 2003 was transmit our own returns,” said
Peterson. “The three years before, we prepared the returns for filing and
then Springfield transmitted them. This year, we did the entire process.
Taxpayers typically got their refunds in about a week. It worked like a
charm, with no problems whatsoever.”
Both the federal and state IRS education personnel who have been on
campus conducting workshops on the use of the software and changes in the
tax laws stressed the benefits of e-filing. It reduces errors and speeds
up the processing of the return by a significant amount of time,
especially at the state level.
“The students are eager to get started. They are very committed to
providing excellent service to the community,” said Peterson. “Some of the
students are returning for their second year. They know they learn a great
deal through this program. Tax returns take on a different bent when
you’re doing them for a live person. In the tax class, students work on
textbook cases, but the VITA program, which will be entering its eighth
year at the college (third year for e-filing) provides something you just
cannot duplicate in the classroom.
“Some of our previous clients are now filing on their own through free
services on the Web which are available to those with low incomes and easy
returns,” added Peterson. “This is good, as one of our goals is to not
only provide support to taxpayers, but to educate them about their taxes.”
Peterson said that while students do an excellent job with basic
returns– “the software even has a checking stage at the end of the program
to make sure nothing’s been overlooked” – there are times when it’s best
to consult a professional.
“Taxes involving a business and rental property and things of that sort
really need to be done with some continuity and are best monitored by the
same professional from year to year,” she concluded.