KeyBank Hosts Annual "Super Refund Saturday" Tax Preparation Event
Christina Young, left, of Tacoma asks volunteer tax preparer Jamika Hilliard, right, while they prepare Young's taxes during the annual KeyBank Super Refund Saturday, hosted by Goodwill’s VITA program at the Milgard Work Opportunity Center in Tacoma, WA
From Tacoma, Wash. to Toledo, Ohio, KeyBank’s annual event, Super Refund Saturday, provided free federal income tax preparation to low- and moderate-income wage earners and helped them identify their eligibility for the Earned Income Tax Credit (EITC).
KeyBank partnered with nonprofit organizations in 13 metropolitan areas across the United States during the month of February.
"Prior to participating in KeyBank's Super Refund Saturday event, I wasn't aware of community tax programs offered by nonprofit organizations. Other tax providers used to charge me and didn't provide me with the same level of information," says Christina Young, a Super Refund Saturday client since 2009. "KeyBank and Goodwill prepared my taxes for free and gave me helpful information where I could take advantage of different tax-saving opportunities. It's been a good experience and self-motivating."
Approximately 300 KeyBank employees served as tax preparers. Participants saved more than $210,000 in tax preparation and Refund Anticipation Loan fees.
"Filing an income tax return can be confusing for some taxpayers and expensive for those who want it done by a professional," says Bruce Murphy, Executive Vice President of Corporate Responsibility. "Super Refund Saturday is our way of giving professional help to those who can benefit most from a refund. Help is especially needed with the EITC because many people don't know they're eligible for it and don’t claim it."
At this year’s events, volunteers helped process more than $2.4 million in federal funds for local residents.