Accounting Aid Society: Free Tax Assistance and Financial Support for Low-Income Communities
The Accounting Aid Society is a nonprofit organization that provides free tax preparation, financial education, and small business support to low- and moderate-income individuals in Detroit, Michigan, and surrounding areas. Since 1972, the organization has helped thousands of taxpayers navigate the tax system, resolve IRS issues, and improve their financial stability.
What Does the Accounting Aid Society Do?
The Accounting Aid Society focuses on financial empowerment by offering tax assistance, IRS dispute resolution, and small business financial education. Their goal is to help individuals and families maximize their refunds, avoid tax penalties, and gain financial security.
1. Free Tax Preparation Services
- The organization provides free tax filing assistance to eligible individuals.
- Helps taxpayers claim credits like the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC).
- Supports seniors, individuals with disabilities, and low-income households.
๐ Eligibility: Individuals and families with low-to-moderate incomes.
๐ How to Access: Visit one of their tax preparation sites or use their virtual tax assistance program.
Website: Accounting Aid Society Tax Preparation
2. Low-Income Taxpayer Clinic (LITC) โ Help with the IRS
- Provides free legal representation and education for taxpayers facing IRS disputes, audits, and tax debt issues.
- Assists in negotiating payment plans, settling tax debts, and filing appeals.
- Educates taxpayers about their rights and responsibilities when dealing with the IRS.
๐ Who Can Benefit? Low-income taxpayers who need IRS representation or tax dispute assistance.
๐ How to Get Help: Contact their Low-Income Taxpayer Clinic to schedule an appointment.
Website: IRS Assistance and Taxpayer Clinic
3. Small Business Support โ Accounting Aid Academy
- Provides financial management training for small business owners.
- Offers help with bookkeeping, budgeting, tax planning, and financial organization.
- Helps entrepreneurs manage their business finances efficiently to avoid penalties and improve cash flow.
๐ Ideal for: Small business owners, entrepreneurs, and self-employed individuals.
๐ How to Enroll: Visit their Accounting Aid Academy for workshops and one-on-one consultations.
4. Volunteer Opportunities
- The Accounting Aid Society relies on volunteers to provide free tax preparation and financial education.
- Volunteers receive IRS-certified training and continuing professional education (CPE) credits.
- Opportunities include roles in tax preparation, client support, and administrative assistance.
๐ Who Can Volunteer? Individuals interested in finance, accounting, or community service.
๐ How to Apply: Sign up through the volunteer portal on their website.
Website: Become a Volunteer
How to Contact the Accounting Aid Society
๐ Address: 3031 West Grand Blvd, Suite 621, Detroit, MI 48202
๐ Phone: (313) 556-1920
๐ง Email: info@accountingaidsociety.org
๐ Website: Accounting Aid Society
Why the Accounting Aid Society Matters
The Accounting Aid Society has made a significant impact by:
โ Helping individuals claim millions in tax refunds and credits each year.
โ Supporting small businesses with financial literacy and bookkeeping assistance.
โ Assisting taxpayers in resolving IRS disputes and avoiding tax penalties.
By offering free financial services, the organization empowers families, individuals, and business owners to build stronger financial futures.
