Accounting students got a chance to gain real life experience during this year’s tax season by volunteering their time for the Ohio Benefits Bank.
The Ohio Benefits Bank is an online service for Ohio’s underprivileged. James Senary, visiting instructor in accounting, contacted them about Hiram’s students getting involved, and their results were impressive. Serving 106 Cuyahoga County clients, the students achieved the following:
- $130,995 returned to clients through the federal returns
- $5,360 returned to clients through state returns
- $46,828 returned to clients through earned income credit on federal returns
The 24 students took a day long class to become certified, and then committed at least four hours to filing the returns. However, Senary said many students went above and beyond the four-hour requirement.
“One of the things the Ohio Benefits Bank stressed was how much of a stimulus this is to Northeast Ohio,” he said. “They couldn’t have been more complimentary of our students’ participation, in that every student showed up for the designated time, and were efficient in the process.”
Senary said he plans to get accounting students involved again next year, along with sociology students.