BARUCH COLLEGE STUDENTS COMPLETE TAX ASSISTANCE PROGRAM WITH $8 MILLION IN REFUNDS

April 24, 2012 | Baruch College

IRS-Certified Students Provide Public Service for the Community

NEW YORK, NY, April 24, 2012 – During the 2011 tax filing season, Baruch College students from the Volunteer Income Tax Assistance (VITA) Program prepared 6,555 tax returns resulting in more than $8 million in refunds.

IRS-certified student volunteers filed taxes at five locations throughout the city, seven days a week from February 7 to April 17. Complimentary services were offered to neighborhood clients who earn less than $49,000 resulting in the following refunds: Federal:  $5,395,105; New York State: $2,630,767; and other states: $14,329—ending in a grand total of $8,040,201 in refunds.

For the 2010 tax season, Baruch VITA volunteers prepared more than 5,658 returns which led to $5,343,036 in refunds.

Students offered services in English, Spanish, Russian, Cantonese and Mandarin throughout Manhattan, Brooklyn and Queens.

VITA was created by the IRS in 1969, and Baruch VITA was established in the early 1990′s. Most Baruch tax volunteers are majoring in Finance or Accountancy.

About Baruch College:

Baruch College is a senior college in the City University of New York (CUNY) with a total enrollment of more than 17,000 students, who represent 160 countries and speak more than 100 languages. Ranked among the top 15% of U.S. colleges and the No. 3 public regional university, Baruch College is regularly recognized as among the most ethnically diverse colleges in the country. As a public institution with a tradition of academic excellence, Baruch College offers accessibility and opportunity for students from every corner of New York City and from around the world.  For more about Baruch College, go to http://www.baruch.cuny.edu/

MEDIA CONTACTS:

Manny Romero, (646) 660-6141, manuel.romero@baruch.cuny.edu

Mercedes Sanchez, (646) 660-6112, mercedes.sanchez@baruch.cuny.edu