Wow! Who wouldn’t want money back in their pocket? Thanks to Middletown’s Volunteer Income Tax Assistance (VITA) program $964,000 in income tax refunds flowed back to 657 filers in 2018. That works out to about $1,555 each for working families that can really use the funds for everyday bills.
Just as astounding as the dollar tally is the very modest resources that produced the astounding result. The program cost only $2,500 to run, thanks to the efforts of 40 local volunteers who spent hours reviewing documents and completing tax forms.
It’s important to point out, though, that VITA is more than a tax return completed or one-time windfall. Here are the effects:
Liberty Bank Foundation gladly supports the VITA program. It’s one more way we’re working to support the long-term success of low- and moderate income families. With a small investment of funds and the energy of some very generous volunteers, together we’ve produced a big payoff for those who could really use it!