United Way of Southwest Virginia is fighting for the financial stability of the region by empowering people to get on stable financial ground with proven methods like tax preparation assistance and community partnerships aimed at helping local families keep their hard-earned money. The result is a thriving community where everyone has more opportunity to succeed.
United Way Worldwide and H&R Block have partnered since 2009 to promote MyFreeTaxes to help support the health, education, and financial stability of every person in every community. Families and individuals who earn $66,000 a year or less are able to file state and federal returns for free, which helps them maximize their tax refunds. To find out more, visit MyFreeTaxes.com.
Volunteer Income Tax Assistance (VITA)
Volunteer Income Tax Assistance (VITA) partners with United Way of Southwest Virginia to link individuals and families who earn less than $56,000 a year with volunteers who prepare tax returns for free to help people in Southwest Virginia keep more of their hard-earned money. To find out more, visit unitedwayswva.org/taxtime.
ALICE, an acronym coined by United Way that stands for Asset Limited, Income Constrained, Employed represents men, women, and families who work hard and earn more than the official Federal Poverty Level, but less than the basic cost of living. The ALICE rate, combined with a 24% poverty rate, shows that as many as 59% of the region’s households cannot afford basic costs of living. To find out more or to download the reports, visit unitedwayswva.org/ALICE.
Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) regulates the offering and provision of consumer financial products or services under the federal consumer financial laws and educates and empowers consumers to make better informed financial decisions.