News

What's Your Question? 

   

   



Answer

You can begin your search to recover lost funds at the Ohio Department of Commerce's Division of Unclaimed Funds. Conveniently located on our website; click Unclaimed Funds under the Transparency Menu on top of any page. Or call (614) 466-4433.

Thank you for your question.

X

I believe government should serve the people. Feel free to contact my office if you have any questions we can assist in answering.

RECENT QUESTION

Where can I find my unclaimed money?
See Answer »

Quick Poll

Recently the Treasurer of State implemented an electronic check processing system that saves taxpayer dollars and creates a more efficient process. Do you use online banking?


  

State Treasury Feed

Show:
6/6/2012 CPIM Conference: Independence, OH
Treasurer Mandel Announces 2012 Awards for Ag-LINK Program
content containter top

Volunteer Return Preparation Program

The Internal Revenue Service, in response to questions received relating to compensation of volunteers, is providing this document indicating its position as defined under the Volunteer Protection Act of 1997. The volunteer return preparation program includes Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE).
 
Disclaimer - the Volunteer Protection Act of 1997 is not owned or written exclusively for Internal Revenue Service.  This is a public law and relates to businesses that use volunteers to provide services.

Volunteer Protection Act of 1997

A volunteer is defined in Section 6 USC 14505(6) of this act,
 
“…an individual performing services for a nonprofit organization or a governmental entity who does not receive --
(A) compensation (other than reasonable reimbursement or allowance for expenses actually incurred); or
(B) any other thing of value in lieu of compensation in excess of $500 per year, and such term includes a volunteer serving as a director, officer, trustee, or direct service volunteer.”

Section 4 USC 14503(a), Limitation on Liability for Volunteers, states;

 “ (a) Liability Protection for Volunteers.--Except as provided in subsections (b) and (d), no volunteer of a nonprofit organization or governmental entity shall be liable for harm caused by an act or omission of the volunteer on behalf of the organization or entity if—
    (1) the volunteer was acting within the scope of the volunteer's responsibilities in the nonprofit organization or governmental entity at the time of the act or omission;
    (2) if appropriate or required, the volunteer was properly licensed, certified, or authorized by the appropriate authorities for the activities or practice in the State in which the harm occurred, where the activities were or practice was undertaken within the scope of the volunteer's responsibilities in the nonprofit organization or governmental entity;
    (3) the harm was not caused by willful or criminal misconduct, gross negligence, reckless misconduct, or a conscious, flagrant indifference to the rights or safety of the individual harmed by the volunteer…”

In a recent IRS Counsel Opinion (dated 03/24/2009), the following interpretation was provided relating to the sections above:

Section 14505(6) Defines volunteers as those who do not receive either "(A) compensation ...; or (B) any other thing of value in lieu of compensation, in excess of $500 per year."  Although the statute as printed in Title 42 ambiguously includes the $500 language in subsection (B), the indentation in the Public Law version makes it clear that the $500 limitation applies to both.  Based on that definition, a volunteer, whether a coordinator, sponsor employee, or student, who receives more than $500 per year as compensation for work on the VITA (Volunteer Income Tax Assistance) program would not be protected from liability under the Act.  Characterizing the payment as a stipend does not change the effect of the payment on the volunteer’s status under the Act.

Compensation

IRS allows partners to utilize federal grant funds to provide stipends to volunteers within the volunteer return preparation program.  Stipends are a fixed amount of money paid at regular intervals as a salary or to cover living expenses.  Under the VITA and TCE (Tax Counseling for the Elderly) Grant Programs, stipends are an allowable expenditure and are specifically addressed within both grant application booklets.

For purposes of the IRS grant programs, a stipend can only be used to reimburse volunteers for out-of-pocket expenses.

Tax Counseling for the Elderly

The Tax Counseling for the Elderly (TCE) Grant Program allows participants to use grant funds to pay salaries, wages and benefits of clerical personnel only.

Participants in the TCE Grant Program cannot use grant funds to provide compensation in the form of salaries, wage and benefits of program sponsor executives or administrators.

The TCE Grant Program allows grant recipients to provide volunteers a stipend for travel and food.

VITA Grant Program

The VITA Grant funds cannot be used to provide compensation (money given in exchange for work done) for the following positions:

  • Tax Assistor/Preparer
  • Screener, or
  • Quality Reviewer

The VITA Grant Program allows its participants to provide compensation (in the form of salaries, wages and benefits) for the following positions whose roles and responsibilities, as described in the Publication 1084, does not include the preparation of tax returns:

  • Program and/or Financial Coordinator (not included in the Publication 1084)
  • Site Coordinator
  • Clerical Support
  • Tax Law Instructor
  • Interpreter
  • Information Technology Specialist (Computer Specialist), and
  • Any other position accepted by the Grant Program Office following prior approval

The VITA Grant Program allows grant recipients to provide volunteers a stipend for travel expenses only.

IRS Position
A volunteer who is compensated in excess of $500 annually is not considered a volunteer under the Volunteer Protection Act and is not protected from liability.

A partner, whether grant recipient or not, who intends to pay their volunteers in excess of the amount stated above, should seek legal advice from their attorney regarding potential liability for their organization and their volunteers.

A request to change statutory language of the Volunteer Protection Act is not being pursued by the IRS.


content container bottom
X

Describe Yourself (check all that apply)

Office Of Debt Mgmt

The Office of Debt Management plays an important role in the operation of state government: it oversees the borrowing of funds to assure it is completed in an efficient manner.
    

SaveNOW

SaveNOW, a program offered by the State Treasurer through our linked deposit authority, offers a 3% bonus interest on savings accounts for Ohio citizens.
    

Smart Money Choices

A free personal financial-planning conference series for all Ohioans presented by State Treasurer Josh Mandel, and supported by a variety of statewide and regional partners.
    

Top-Bottom Review 2011

Review Outlines Steps to Improve Operations, Safeguard Investments, Leverage Technology, Increase Transparency and Modernize Banking Practices
    

e-Funds Transfer

Electronic Funds Transfers makes tax payments easy. Entities that have received a notice from the Ohio Department of Taxation can register for electronic payment via the website.
    

Veteran's Preference

Veteran’s Preference provides veterans with priority to be accepted into the GrowNOW and Ag-LINK linked-deposit programs.
    

GrowNOW

A partnership between eligible banks and the Ohio Treasury, enables small business owners to receive a 3% interest rate reduction on small business loans for two years with the opportunity for renewal
    

Renew & Rebuild Ohio

Small business owners, farmers and homeowners are eligible to receive financial assistance to rebuild and recover following an emergency.
    

Ag-LINK

A program for farms to receive an interest rate reduction on new or existing loans or lines of credit up to $100,000. Applications are accepted on an annual basis from January through March.
    

STAR Ohio

The State Treasury Asset Reserve (STAR) of Ohio, which allows government subdivisions – from municipalities to school districts – to invest funds in a highly-rated public investment pool.
    

CPIM

The Center for Public Investment Management (CPIM) provides continuing education to Ohio’s public funds managers and their oversight authorities.
    

ECO-Link

A partnership between the State Treasurer and participating banks that provides a 3% interest rate reduction for 5 or 7 years on bank loans when completing energy-efficient upgrades to your home.
    

Teacher Academy

The Ohio Treasury's Teacher Academy is a highly successful two-day summer workshop offered in partnership with the Ohio Department of Education and the Ohio Council on Economic Education.