For those living paycheck to paycheck, on low to moderate income, earning, keeping, and growing one’s income is critical to financial success. United Way of Greater Greensboro knows the importance of a family’s financial health and has teamed up with BB&T Bank to host its third annual Family Economic Success Day, Friday, March 11, 2016.
Family Economic Success Day will offer free income tax preparation and filing by IRS-certified volunteer income tax preparers, as well as information and education on financial topics. BB&T will provide free credit reports to those who qualify for tax prep, and Consumer Credit Counseling Service of Greater Greensboro will give free individual review sessions to discuss those credit reports.
Free tax preparation is available to those whose households earned $54,000 or less in 2015. The BB&T Bus will be parked at United Way of Greater Greensboro, 1500 Yanceyville, and will serve as a VITA (Volunteer Income Tax Assistance) site for the day. Appointments preferred: call SeniorLine at 336-333-6981.
“A family’s financial stability could depend on the difference of keeping $200 or more in the bank instead of paying to have your taxes prepared and filed,” says Michelle Gethers-Clark, CEO and president of United Way of Greater Greensboro. “United Way offers free tax preparation services because we support the financial health of families. For those straddling the poverty line, this service is invaluable.”
“BB&T is committed to making a difference in the communities we serve. Between the months of January and April, we utilize our Bank Bus as a mobile VITA site to offer free tax preparation and financial education. BB&T is pleased to partner with the United Way to provide this service to the community,” John Stokes, VP/Community Development Specialist NC/SC.
BB&T is one of the largest financial services holding companies in the U.S. with approximately $209.9 billion in assets and market capitalization of approximately $29.5 billion as of Dec. 31, 2015. Based in Winston-Salem, N.C., the company operates 2,139 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by the U.S. Small Business Administration, Greenwich Associates and others. BB&T has also been named one of the World’s Strongest Banks by Bloomberg Markets Magazine, one of the top three in the U.S. and in the top 15 globally. More information about BB&T and its full line of products and services is available at BBT.com.
WHAT: Family Economic Success Day hosted by United Way of Greater Greensboro and sponsored by BB&T
WHEN: Friday, March 11, 9:00am-6:00pm – last appointments available at 5:00pm.
WHERE: United Way of Greater Greensboro, 1500 Yanceyville Street, Greensboro, NC 27405
Workshops during the day include:
9:00 – 11:00 am: “Ready to Be Your Own Boss? How-To Advice from Local Business Owners” – panel led by Greensboro-based entrepreneur, Joe Fowler
12:15pm: “Money and Me: Habits and Attitudes,” by Housing Consultants Group
2:00pm: “Financial Solutions,” from BB&T Bank
Workshops are open to the public, at any income level, not only people getting their taxes done. For questions about workshops, or to reserve your seat, contact Sarah Glover at firstname.lastname@example.org or 336-378-5036.
WHO QUALIFIES for FREE TAX PREPARATION: Households earning $54,000 or less in 2015 qualify for free tax preparation and credit reports on this day. There will also be a computer kiosk available for taxpayers who want to prepare their own taxes online through MyFreeTaxes.com, and the income threshold for that is $62,000.
IMPORTANT! WHAT YOU NEED TO BRING: To receive free tax preparation services, you must bring with you a photo ID for all adults in the household, all W2s and tax documents, and actual social security cards or proof of ITIN numbers for every person in the household.
SPONSORED BY: United Way of Greater Greensboro, BB&T Bank, the IRS VITA (Volunteer Income Tax Assistance) program, and Senior Resources of Guilford
PAPER DONATIONS NEEDED: United Way is asking for donations of 8-1/2”x11” white printer paper to support the VITA program throughout the tax season. If you would like to donate, please contact Julie Longmire at 336-378-5023 or Julie.email@example.com.