Discussing tax laws and procedures

From Beyond the Billable: An Opportunity to Make a Real Difference

Monday, January 14, 2013

Tax season can be a stressful time of year for anyone, but for many families in the Commonwealth, income tax assistance can mean the difference between subsistence living and dire poverty. The Volunteer Income Tax Assistance Program (VITA) helps low-to-middle-income taxpayers in Boston complete tax returns and take the steps necessary to receive special credits like the Earned Income Tax Credit (EITC), Child Tax Credit and Credit for the Elderly. Volunteers provide free tax preparation in partnership with the Earned Income Tax Credit Coalition (EITC).

Here’s what Avada Douglas a VITA volunteer has to say about the experience:

"I have volunteered with the Volunteer Income Tax Assistance program since 2007. Without this program, many of these taxpayers would spend around $150 to get their taxes done by a “professional” who does not have their best interest at hand. And this $150 would go far towards meeting their basic needs for food and shelter.

Because of the Earned Income Tax Credit, people who have worked during the year may be eligible for this refundable credit. This is literally money in their pockets – up to $5,891 (2012 rates). The people I have worked with have been very appreciative of the service that we provide, and often come back year after year to the same site.

I like being able to break down the tax law, and explain to taxpayers why they are getting a refund, and what factors led to it. The more they know about their tax situation, the less intimidating it is."

Join the New Lawyers and Tax Sections for an accelerated training session for the VITA program on January 16th from 4-8 pm. No previous experience is required and non-attorneys are welcome to participate. Please note that volunteers will need to complete the certification test separately. Please sign up for the training here.

To read the original post, please click here

Tax Committees

  • ERISA Committee
    This committee focuses on tax and labor law relating to qualified and non-qualified employee retirement and welfare benefit plans and executive compensation. Its monthly meetings deal with a range of topics, including benefits and compensation planning techniques and plan design; emerging issues; and federal and state statutory and regulatory changes affecting benefit plans.

    Contact Information

    Christian A. Giorgi

    Putnam Investments

    Amy Sheridan

    Sullivan & Worcester LLP

    (617) 338-2897

  • Federal Tax and Business Transactions Committee
    This committee addresses a range of federal taxation issues, including issues relating to corporate mergers and acquisitions, corporate spin-offs and split-ups, business formations, structuring debt and equity investments, tax-favored investment vehicles (e.g. RICs, REMICs, FASITs and REITs) and other business transactions.

    Contact Information

    Christopher McLoon

    Verrill Dana LLP - ME

    (207) 253-4536

    Patrick J Hannon

    Shilepsky Hartley Robb Casey Michon, LLP

  • International Tax Committee
    This committee covers international taxation issues. Treasury and IRS officials periodically are invited to address the committee.

    Contact Information

    Michael Charles Fondo

    Audax Management Company, LLC

    (617) 859-1519

    Laura M. Thompson

    KPMG, LLP

  • State & Local Tax Committee
    This committee focuses on Massachusetts tax issues and frequently features speakers from the Massachusetts Department of Revenue.

    Contact Information

    Jason M. Zorfas

    Ernst & Young LLP

    (617) 585-3554

    Scott M. Susko

    McDermott Will & Emery

    (617) 535-3866

  • Steering Committee
    The leadership committee of the Section organizes programs and discusses policy. To inquire about opportunities, please contact the Section Co-Chairs.