The Chartered Professional Accountants of Ontario

The Chartered Professional Accountants of Ontario

April 22, 2014 09:05 ET

Media Advisory: CPAs Holding Free Tax Clinic at Yonge and Bloor April 24

Head office clinic just one of many across GTA and Province

TORONTO, ONTARIO--(Marketwired - April 22, 2014) - For the 46th year, the Chartered Professional Accountants of Ontario (CPA Ontario) is holding Free CPA Tax Clinics for individuals with low-incomes. On Thursday, April 24, volunteer Chartered Professional Accountants (CPAs) and students will be on hand to help people who have made appointments have their taxes done free of charge at the CPA Ontario office at Yonge and Bloor streets in Toronto.

In 1969, the profession first launched what was then known as the Free CA Tax Clinics as a pilot project in Toronto involving 500 taxpayers. Today, the Free CPA Tax Clinics help thousands of individuals prepare their tax returns so they can receive much-needed tax credits and refunds. Since the program was initiated, many Ontarians have benefited from the volunteered tax-preparation time of CPAs.

Today, the program is a province-wide partnership between over 200 community service groups that host the clinics and over 1,750 volunteer CPAs who complete the returns free of charge. Participating community service agencies include food banks, charities, hospitals, senior centres and homes, community centres, social service agencies and libraries. To help those agencies carry out their valuable day-to-day work, as part of the Free CPA Tax Clinics Program, CPA Ontario also offers additional support by providing them with a donation based on the number of tax returns prepared.

To qualify for this free tax return assistance, individuals must have total household income less than $30,000 with dependents or less than $20,000 without dependents. Also, there should be no property income, business income and no terminal returns. Appointments for the April 24 clinic can be booked by calling 416-962-1841 ext. 0.

Reporters are invited to attend this Free CPA Tax Clinic.

WHAT: The Chartered Professional Accountants of Ontario Free CPA Tax Clinic for low-income people
WHEN: Thursday, April 24 from 10 a.m. to 1 p.m.
WHO: CPAs preparing tax returns for those in need
WHERE: The offices of CPA Ontario, 69 Bloor Street East, Toronto

About the Chartered Professional Accountants of Ontario

The Chartered Professional Accountants of Ontario (registered name of The Institute of Chartered Accountants of Ontario) is the qualifying and regulatory body of Ontario's more than 58,000 CPAs. With a rich history dating back to 1879, the Chartered Professional Accountants of Ontario serves the public interest by developing, monitoring and enforcing the highest standards of professional competence and ethical conduct. Chartered Professional Accountants are valued by organizations of all types for their financial expertise, strategic thinking, business insight, management skills and leadership. The Chartered Professional Accountants of Ontario's website is: www.cpaontario.ca. Information for students can be found under "High School & University".

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