Institute Of Chartered Accountants Of Ontario

Institute Of Chartered Accountants Of Ontario

February 13, 2012 09:05 ET

Ontario CAs to Prepare Thousands of Free Tax Returns

Chartered Accountants have Helped Low-Income Earners in Their Communities Since 1969

TORONTO, ONTARIO--(Marketwire - Feb. 13, 2012) - For the 44th year in a row, the Institute of Chartered Accountants of Ontario is organizing its annual Free CA Tax Clinics, which will be offered at various times and locations across the province. Chartered Accountants (CAs) will step up for the needy in their communities by preparing tax returns for those in low-income brackets until March 31, 2012.

In 1969, the Institute first launched the Free CA Tax Clinic program, which was 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 CAs. Today, the program is an ongoing partnership between over 200 community service groups that host the clinics and more than 1,700 volunteer Chartered Accountants and CA students who complete the returns free of charge.

The Free CA Tax Clinics are open to those with total annual household incomes less than $30,000 with dependents and less than $20,000 with no dependents. Information about clinics and their locations across the province is available on the Institute website at: http://www.icao.on.ca/Public/FreeCATaxClinics/1007page1057.aspx.

"The Institute of Chartered Accountants of Ontario has been co-ordinating this valuable program since 1969," said Iris Wong, Associate Director and Practice Advisor, Member Services at the Institute. "Our members find it gratifying to be able to give something back to the communities where they live and work."

People who meet the requirements, and have booked appointments at a clinic, are asked to bring a copy of their last filed return, notice of assessment, social insurance number and all tax information slips. Tax returns will be completed on site at the clinic.

About the Institute of Chartered Accountants of Ontario:

The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's 35,000 Chartered Accountants and 5,000 CA students. Since 1879, the Institute has protected the public interest through the CA profession's internationally recognized standards of qualification and the enforcement of its rules of professional conduct. Chartered Accountants are the professionals Canada's business leaders trust to help make the financial, strategic and leadership decisions that matter. The Institute's website is: www.icao.on.ca and the student website is www.guidetorulingtheworld.ca.

Contact Information

  • The Institute of Chartered Accountants of Ontario
    Perry Jensen
    416-969-4271 or 1-800-387-0735 ext. 271
    pjensen@icao.on.ca