Institute Of Chartered Accountants Of Ontario

Institute Of Chartered Accountants Of Ontario

March 03, 2008 09:21 ET

CAs Holding Free Tax Clinics for Low-Income People

Celebrating Free CA Tax Clinics' 40th Anniversary

TORONTO, ONTARIO--(Marketwire - March 3, 2008) -

Attn: Assignment/Business Editors

For the 40th year, the Institute of Chartered Accountants is holding a Free CA Tax Clinic for low-income Ontarians on Thursday, March 6 at the Institute's office at Yonge and Bloor streets in Toronto. Volunteer Chartered Accountants will be on hand to help people who have made appointments to have their taxes done free of charge.

It was 1969 - the year of Woodstock and the first Apollo mission to the moon - when the Institute first launched the Free CA Tax Clinic program. Designed to serve low-income people who need help preparing tax returns, the Free CA Tax Clinics help these people receive much-needed tax credits and refunds. Since the program was initiated, thousands of Ontarians have benefited from the volunteer tax-time help of the more than 1,500 CAs and CA students who pitch in to help.

Free CA Tax Clinics are now held across Ontario from mid-February until the end of March. To qualify for this free tax return assistance, total household income must be below $25,000 with dependents or below $17,000 without dependents. Appointments are available at 416-962-1841 ext. 0.

These Free CA Tax Clinics operate in co-operation with a variety of community service agencies - including food banks, charities, hospitals, senior centres and homes, community centres, social service agencies and libraries. The Institute of Chartered Accountants of Ontario offers additional support to these agencies by providing them with a donation based on the number of tax returns prepared. This helps the agencies carry out their valuable work.

WHAT: Institute of Chartered Accountants of Ontario Free CA Tax Clinic for low-income people

WHEN: Thursday, March 6, 2008 from 10 a.m. to 3 p.m.

WHO: Chartered Accountants preparing tax returns for those in need

WHERE: The Institute of Chartered Accountants, 69 Bloor Street East, Toronto

About the Institute of Chartered Accountants of Ontario:

The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's more than 32,000 CAs and 4,000 CA students. Since 1879, the Institute has protected the public interest through the CA profession's high standards of qualification and the enforcement of its rules of professional conduct. Recognized internationally, the CA designation denotes financial expertise, strategic thinking, business insight and leadership. The Institute website is: www.icao.on.ca and the student website is www.ca2b.biz.

Contact Information

  • The Institute of Chartered Accountants of Ontario
    Perry Jensen
    (416) 969-4271 or 1-800-387-0735 ext. 271
    Email: pjensen@icao.on.ca
    or
    The Institute of Chartered Accountants of Ontario
    69 Bloor St. East
    Toronto, Ontario M4W 1B3
    Website: www.icao.on.ca