Government Grants for Tax Counseling

The U.S. government provides quite a few grants and cooperative agreements to nonprofit organizations and small enterprises through nearly all its offices. One such grant delivers funding for nonprofit agencies to provide counseling to senior citizens to aid with finishing their own annual taxation statements.

The IRS has allotted $5.1 Million for the 2011 Budgetary Year to guide the Tax Counseling for the Elderly (T.C.E.) Program

The Internal Revenue Service, which functions inside the Treasury Department is authorized to initiate accords with private or non-governmental nonprofit 501c(3)’s that deliver instruction and practical advice to volunteers who deliver no cost tax counseling and assistance to seniors that are age sixty or older for the completion of their U.S. tax returns.

Grants can be used to reimburse volunteers for incidental expenditures including transportation, meals and other expenses borne by them in offering tax guidance help at spots convenient for the seniors.

Through a competitive process, appropriate applicant organizations and agencies vie for approval to be a Tax Counseling for the Elderly sponsor. These organizations should be a not for profit group skilled in coordinating volunteer services, together with understanding of the tax submission process.

Skilled businesses can obtain funds to provide regional Counseling Programs. Tax return submission help is furnished to senior-citizens through the entire customary Federal Tax submitting timeframe, which is from the 1st of January through the 15th of April annually. Additionally the counseling activities needed to make certain senior taxpayers receive useful tax help of the highest quality may be performed throughout the year.

The Cooperative Agreement between the IRS and the not for profit organization defines the tasks that the program sponsor and IRS will perform, the geographical region involved, the maximum amount of funding offered for reimbursement and administrative functions as well as other data.

Commencing with the 2011 T.C.E. Program, multi-year grant opportunities are available for not for profit organizations that are qualified and satisfy the specified criteria.

Organizations submitting an application can choose, should they be interested in being considered for a multi-year Tax Counseling for the Elderly grant. Consideration is limited to those applicants that satisfy all eligibility standards.

Approval by the Internal Revenue Service of an organization for the T.C.E. program for one year will not automatically imply the group will be okayed into the T.C.E. program in ensuing years.

A nonprofit group that is approved to supply Tax Counseling for the Elderly services is responsible for every aspect of operating a T.C.E. System including, but not limited to marketing the program, volunteer recruitment and training, Web page design and construction and outreach to senior citizens inside their region.

For more information on Tax Counseling for the Elderly and other Government Grants and in particular grants for non profits visit the Top Government Grants Website.