The Chartered Professional Accountants of Ontario

The Chartered Professional Accountants of Ontario

February 18, 2014 08:15 ET

Ontario CPAs to Prepare Thousands of Free Tax Returns

Chartered Professional Accountants have helped low-income earners since 1969

TORONTO, ONTARIO--(Marketwired - Feb. 18, 2014) - For the 46th year in a row, the Chartered Professional Accountants of Ontario (CPA Ontario) is organizing its annual Free CPA Tax Clinics, which will be offered at various times and locations across the province. Chartered Professional Accountants (CPAs) will prepare tax returns for low-income individuals in their community until March 31, 2014.

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 an ongoing partnership between over 200 community service groups that host the clinics and over 1,750 volunteer CPAs who complete the returns free of charge.

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. For information on clinics and to book an appointment, visit the "Serving the Public" area of the CPA Ontario website at: www.cpaontario.ca.

"The Chartered Professional Accountants of Ontario has been co-ordinating this valuable program since 1969," said Samantha Yu, Associate Director and Member Advisor, Member Services at CPA Ontario. "Our Members find it gratifying to be able to give back to the communities where they live and work."

Individuals who meet the income criteria, and have booked appointments at a clinic, are asked to bring a copy of their last filed return and notice of assessment, social insurance number for themselves and their spouse/partner, list of dependents and their birth dates and all tax slips and receipts. Tax returns will be completed on site at the clinic.

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 almost 37,000 CPAs and 6,000 CPA Students. 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".

Contact Information