Illinois CPAs Supporting Our Troops this Veterans Day with Free Tax Prep Program

Illinois CPA Society members use their skills to show their thanks to those who serve our Country

CHICAGO, Nov. 9, 2011 /PRNewswire-USNewswire/ -- This Veterans Day, the Illinois CPA Society offers a way for members to give back to the men and women who serve our country. ICPAS, through the Military Service Tax Preparation Project, is once again offering free tax preparation to active duty military members and their families throughout the state. The project, done in partnership with the Internal Revenue Service, matches military personnel and/or their families with local CPAs who provide free personal federal and state income tax preparation.

Especially valuable as the tax season approaches, this year-round program is available to members of the Armed Forces who have recently returned from or are still serving in a combat zone or qualified hazardous duty area. Volunteer CPAs use their experience and expertise to help military families take full advantage of the unique tax benefits, exclusions and filing extensions available to them. Last year Illinois CPA Society volunteers helped over 40 military personnel by making the stressful task of tax preparation easier and alleviating one small concern at a tough time in their lives.

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 within the 2011 tax calendar year;
• 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 website, www.icpas.org/militarytaxrequest/ or contact Jill Wiles Wolf, Public Service Manager, at 800-993-0407, extension 277 or via e-mail at [email protected].

About the Illinois CPA Society
The Illinois CPA Society, founded in 1903, is the fourth largest state CPA society in the nation, with more than 24,000 members. It is the premier professional organization that represents CPAs in Illinois. During its over 100 years of existence, the Society has advanced the highest ethical and financial standards of the profession, and has been a leader in educating the public on financial issues.

SOURCE Illinois CPA Society

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