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Press Release

Anderson Students Complete Tax Return Project for Local Nonprofit Organization

April 19, 2005

Members of Beta Alpha Psi, the national honor fraternity for financial information professionals, and students in tax classes at The Anderson Schools of Management at The University of New Mexico prepared 240 individual tax returns for clients of ARCA, an organization that provides job training and literacy skills for people with mental retardation and developmental disabilities in the Albuquerque area.

Each year, ARCA caseworkers collect tax information from each of its group home residents. The information usually includes a W-2 wage statement, Social Security information, and a summary worksheet that is prepared by the caseworker. Packets are assembled and brought to The Anderson Schools for federal and state tax preparation by student volunteers. Many of ARCA’s clients qualify for the federal earned income credit and the New Mexico low-income comprehensive tax rebate. This year’s preparation work facilitated total refunds of at least $40,000.

Craig White, faculty advisor for the UNM Beta Alpha Psi chapter, said, “This partnership is a great way for students to put into practice the concepts they have been learning in class and at the same time see a large benefit resulting from their work.”

Beta Alpha Psi is a national fraternity that encourages and recognizes scholastic and professional excellence in the business information field. The organization was founded in 1919 and has since grown to nearly 230 chapters on college campuses across the country with over 230,000 members initiated since its founding.

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The Anderson School of Management at the University of New Mexico is dedicated to excellence in professional management education. At the Anderson School, faculty, staff, and students are committed to shaping the intellect and character of the next generation of business leaders, advancing the knowledge and practice of management, promoting economic development, and building a vibrant intellectual community that serves the highest and best interests of all our stakeholders.

The School was founded in 1947 and now offers more than a dozen concentrations at the BBA and MBA levels and is accredited by the Association to Advance Collegiate Schools of Business in the top 20% of business schools in the nation. The School is funded by the State of New Mexico and further support is generated by The Anderson School of Management Foundation. For more information, the public can visit www.mgt.unm.edu, email info@mgt.unm.edu, or call (505) 277-6471.

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