Illinois CPAs provide free tax services to members of the armed forces

In a show of appreciation to members of the U.S. Armed Forces and their families for their dedicated service, the Illinois CPA Society is once again partnering with the Internal Revenue Service to offer the Military Service Tax Preparation Project. The program, now in its sixth year, provides free personal income tax return filing assistance to members of the U.S. Armed forces who have recently returned or are still serving in a combat zone or qualified hazardous duty area.

Preparing to file your taxes can be stressful enough under ordinary circumstances. But for military personnel and their families already coping with high levels of anxiety, the expertise of program volunteers can help alleviate at least one concern. Military personnel and/or their families are matched with CPA volunteers in their area who help make sure they take full advantage of tax benefits, exclusions, and filing and payment extensions available to them.

The Military Service Tax Preparation Project is designed to help those who don't have a relationship with a CPA and who would otherwise have few resources for financial advice and information on IRS guidelines for military personnel. To qualify for free tax preparation assistance, individuals must meet the following criteria:

  • Be an Illinois resident; and
  • Be a member of the U.S. Armed Forces having served in a combat zone or qualified hazardous duty area (either currently or in the last six months);
  • Be a member of the U.S. Armed Forces serving in a contingency operation.

Family members – spouse, son, daughter or parents – can request assistance on behalf of military personnel. For more information about the Military Service Tax Preparation Project or to arrange for assistance from a volunteer CPA, visit the Illinois CPA Society's Web site, or contact Jill Wiles, Community Service Manager, at 312-993-0407, extension 277 or via e-mail at wilesj@icpas.org.

You may like these other stories...

Many accountants struggle with payroll, either because they have too much of it or they don't want to do any of it. Either way, they are at odds with the needs of their business clients. Most clients are looking for a...
Hertz and Icahn make peaceThere won’t be any nasty, protracted proxy battle between Hertz Global Holdings and activist investor Carl Icahn. The rental car chain agreed last Thursday to give Icahn – who has...
For bitcoin users, the taxman cometh. And you best know how to calculate taxes owed on what the IRS calls convertible virtual currency.In March 2014, the IRS issued Notice 2014-21, which declares virtual currency will be...

Already a member? log in here.

Upcoming CPE Webinars

Sep 18
In this course, Amber Setter will shine the light on different types of leadership behavior- an integral part of everyone's career.
Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.