The Lincoln Memorial University School of Business is offering free tax preparation services through the Internal Revenue Service Volunteer Income Tax Assistance program.
Five School of Business students will prepare taxes three days a week through the federal tax deadline of Monday, April 15.
They will work under the supervision and guidance of Roger Holt, a LMU assistant professor of business and retired IRS employee.
Holt and his students have been trained on the IRS tax software and are certified to e-file returns.
The services are available for very basic returns including state income tax reporting.
VITA has set up a temporary office in the first floor of the Duke Hall of Citizenship (enter at the rear side entrance).
Services are available – on Mondays from 1 p.m. to 4 p.m., Wednesdays from 1 p.m. to 3 p.m. and Fridays from 1 p.m. to 4 p.m. – on a first-come, first-served basis.
“We can handle itemized returns and the state tax forms,” Dr. Holt said. “What the students are not quite ready for are situations of self-employment, stock sales or bonds.”
VITA clients should bring necessary tax information including W-2s, 1099s, 1098s and social security cards for themselves and dependents.
Additionally, having a previous year’s tax return on hand will speed the process along. For more information contact Holt at 423-869-6699.