Small Business Grants for Tax Counseling

The U.S. government supplies many grants and cooperative agreements from a number of its offices. One particular grant gives funding for nonprofit establishments to offer counseling to elderly people to assist with finishing their own annual tax returns.

The IRS has designated $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 operates inside the Treasury Department is authorized to initiate contracts with private or non-governmental public nonprofit 501c(3)’s which deliver coaching and technical advice to volunteers that provide no cost tax counseling and assistance to seniors who are age 60 or older for the completion of their tax returns.

Grant funding can be applied to pay volunteers for incidental expenses such as transportation, meals and other expenditures incurred by them in giving tax guidance help at places convenient for the senior citizens.

Through a competitive procedure, appropriate candidate groups and agencies compete for acceptance to become a T.C.E. sponsor. These organizations should be a nonprofit organization skilled in managing volunteer services, along with knowledge of the tax submission process.

Competent organizations can obtain grants to provide regional Counseling Programs. Tax return completion help is provided to seniors throughout the customary Federal Tax submitting period, which is from the 1st of January through the 15th of April every year. In addition the guidance activities required to make certain senior-citizen taxpayers receive useful tax assistance of the highest quality can be performed throughout the year.

The Cooperative Agreement between the Internal Revenue Service and the nonprofit group specifies the functions that the program sponsor and Internal Revenue Service will execute, the geographical region involved, the maximum amount of funding provided for reimbursement and administrative purposes as well as other data.

Beginning with the 2011 T.C.E. Plan, multi-year funding options are available for nonprofit organizations which are qualified and match the needed standards.

Groups submitting an application may elect, if they are thinking about being considered for a multi-year Tax Counseling for the Elderly grant. Consideration is restricted to those candidates that meet all eligibility requirements.

Acceptance by the Internal Revenue Service of an entity to the T.C.E. program for one year does not automatically imply the organization will be approved into the T.C.E. system in ensuing years.

A not for profit group which is approved to supply T.C.E. services is responsible for every aspect of running a T.C.E. Program which includes, but not restricted to marketing the program, volunteer recruitment and training, Web page design and construction and outreach to senior citizens in 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.

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