Last tax season, our Volunteer Income Tax Assistance (VITA) program prepared over 3,000 tax returns, returning more than $4.3 million in federal and state refunds of much needed revenue to our local communities.
The tax refund represents the single largest cash influx low income families receive over the course of the year. PathWays PA helps filers understand the opportunity the refund provides to build year-round financial stability and self-sufficiency. PathWays PA encourages VITA filers to save a portion of their refund to achieve these and other financial goals. PathWays PA’s tax preparers help filers realize that investing in U.S. Savings Bonds, opening new bank accounts or Individual Development Accounts (IDAs – matched savings accounts for education), or saving the refund on a prepaid debit card can help build their financial assets and stability.