Bethpage Federal Credit Union Offers Free Tax Filing Assistance for
Transcription
Bethpage Federal Credit Union Offers Free Tax Filing Assistance for
FORIMMEDIATERELEASE PressContact: AudreyCohen/JackieSavage Epoch5PublicRelations 631/427-1713 [email protected] [email protected] BethpageFederalCreditUnionOffers FreeTaxFilingAssistanceforEligibleLongIslandersBeginningFebruary6& HelpsWorkingFamiliesAccesstheCreditsTheyDeserve ---------------------------------- EligibleFamiliesFilingfortheEarnedIncomeTaxCredit(EITC)MayReceiveupto$8,000 Bethpage,NY–January26,2016–Forthe13thyear,BethpageFederalCreditUnionwillhelplow-to moderate-incomehouseholdsonLongIslandpreparetheirtaxreturnsatnocost.TheVolunteerIncome TaxAssistance(VITA)program,isofferedthrough12ofBethpage’sdesignatedbranchlocations includingBayShore,CentralIslip,Elmont,Farmingdale,Freeport,Hempstead,Massapequa,Patchogue, Riverhead,Roosevelt,WestBabylonandWestbury. VITAserviceswillbeavailableonSaturdayafternoonsstartingFebruary6ththroughApril9th.No appointmentsneeded.Over300IRScertifiedvolunteers,includingbilingualtaxpayerassistants,willbe availabletomeetwitheligibletaxpayerswith2015incomesof$55,000andbelowtofiletaxreturns. Bethpage’sVITAProgramisopentoalleligibleLongIslanders,includingnon-Bethpagemembers. AspartofitsVITAprogram,thelargestacrossLongIsland,Bethpagewillalsopartneragainwiththe HealthandWelfareCouncilofLongIslandtoeducateeligibleworkingfamiliesabouttheEarnedIncome TaxCredit(EITC),ananti-povertyprogramavailabletofouroutoffiveeligibleLongIslandhouseholds. EligiblehouseholdscanclaimuptothreeyearsbackofEarnedIncomeTaxCredits. “Lastyear,27milliontaxpayersclaimedmorethan$65billionintheearnedincometaxcredit.Thiswas duelargelytothepresenceofVITAsitesthroughoutlocalcommunities.Bethpage’sVITAsiteswerethe mostsuccessfulandimpactfulsitesforLongIslanders—helpingworkingfamiliesaccessthecreditsthat theywereeligibletoreceive,”statesGwenO’Shea,PresidentandCEO,Health&WelfareCouncilofLong Island.“HWCLIcommendsBethpageFederalCreditUnionfortheirstellarVITAleadershipoverthepast decade.TheireffortshaveputmillionsinthepocketsofLongIslandersandintheLongIslandeconomy.” “Everyyear,we’rethankfultoseemoreandmoreLongIslandfamiliestakingadvantageofourfreetax filingprogramwhichfamiliescaneasilyaccessatanyofthe12BethpagebranchesacrossbothNassau andSuffolkCounties,”saidRobertSuarez,AssistantVicePresident,BethpageFederalCreditUnion. “Wethankallofourvolunteerswhomakethisprogrampossible.Themajorityofwhoaretrained accounting,financeandbusinessstudentsfromlocalpartneringcollegesanduniversities.”Thisyear’s volunteersincludestudentsfromNYIT,SUNYOldWestbury,FarmingdaleStateCollege,TouroLaw School,LIUPost,Briarcliffe,andStonyBrookUniversity.” In2015,Bethpagecompleted2,516VITAtaxreturnsandhelpedsecureIRStotalrefundsofnearly$2.8 million.Bethpagealsohelpedsecure$344,991backinchildtaxcreditsin2015and$713,557inEarned IncomeTaxCredits,withtheaveragecreditbeing$8,293.Sincetheprogram’sinceptionin2004,more than12,500individualshavefiledtheirtaxreturnsthroughBethpage,resultinginnearly$15million givenbacktoLongIslanders. QualifyingtaxpayersplanningtotakeadvantageofBethpage’sVITAprogramneedtobringthefollowing materialswiththemforreview:photoidentification,socialsecuritycardsforyou,yourspouseand dependents,currentyear’staxpackageifyoureceivedone,wageandearningsstatement(s)FormW-2, W-2G,1099-Rfromallemployers,interestanddividendstatementsfrombanks(Forms1099),acopyof lastyear’sFederalandStatereturnsifavailable,bankroutingandaccountnumbersfortaxrefunddirect deposit,totalpaidfordaycareandprovider’staxID. Tofiletaxeselectronicallyforajointtaxreturn,bothspousesmustbepresent.Formoreinformationon VITAandpaperworkneeded,pleasevisitBethpage’s“VolunteerIncomeTaxAssistanceProgram”page locatedundertheCommunitysectionatwww.bethpagefcu.comorcall1-800-628-7070. BethpageFederalCreditUnionisanot-for-profitcooperative,existingsolelytoserveitsmembersand hasexperiencedrapidgrowthinrecentyearstobecomeastrongalternativetobanks.Bethpagewas approvedforthelargestfederalcommunitycharterintheU.S.in2003andisnowthelargestcredit unionintheNortheastregionandLongIsland’sprimarycommunityfinancialinstitutionwith275,000 members,33fullservicebranchesandmorethan60sharedbranchesthroughoutNassauandSuffolk Counties.Asafinancialcooperative,Bethpageoffersthebest-inmarketrates,lowfeesandworld-class service,andafullmenuofpersonalandcommercialfinancialservices. BethpagemaintainsbranchlocationsinAlbertson,Baldwin,BayShore,BayShoreKingKullen, Bethpage,Centereach,CentralIslip,CommackKingKullen,EastMeadowNuHealthMedical Center,EastNorthport,Elmont,Farmingdale,Freeport,GlenCove,Hempstead,Huntington, LevittownKingKullen,LIUPost(Brookville),LongBeach,Lynbrook,Massapequa,Melville, Mineola,NorthBabylon,Patchogue,PortJefferson,Riverhead,Roosevelt,Seaford,Smithtown, ValleyStreamKingKullen,WestBabylonandWestburywithover500surcharge-freeATMsinKing Kullen,CVSPharmacyandCostcolocationsthroughoutLongIsland.Formoreinformation,call1-800628-7070orvisitwww.bethpagefcu.com. ###