CPA Ontario releases student tax tips video

Helping students make every dollar count

TORONTO, April 13, 2015 /CNW/ - The Chartered Professional Accountants of Ontario (CPA Ontario) has created a new tax tips for students video to make sure that students -- young and old -- have the information they need to take advantage of many available tax credits and benefits.

The short, informative video outlines refunds and savings that can be had regarding items such as tuition fees, transit passes, moving expenses, student loan interest, and more. Check it out on YouTube at: https://youtu.be/ip65aWW742U. TV stations, other news media and websites are free to broadcast or post links to this video. If you do use the video, please email [email protected] to let us know!

Other CPA Ontario offerings this tax season:

Twitter #CPATicker: CPA Ontario is posting daily tax tips with the hash tag #CPATicker to help individuals across the province prepare their income tax submissions. CPA Ontario is releasing the tweets daily until the April 30 income tax filing deadline. Learn more by following CPA Ontario on Twitter.

Tax tips briefs: One-page collections of brief tax advice for the general public, students and small business can be found at: http://www.cpaontario.ca/MediaRoom/MediaArticles/TaxPlanArticles/1009page5883.aspx.

Tax season experts for news media and speaking engagements: Consider a CPA the next time you're looking for a subject matter expert to answer critical financial or business questions or when you need a panel expert to offer insight in a group discussion or debate. Contact Perry Jensen at [email protected] or visit our Find CPA Expert webpage.

Free tax articles for publications: CPA Ontario is also offering editorial content supporting the 2014-15 Tax season through a series of Tax Tip articles authored by CPA experts, for individuals, entrepreneurs, small business owners and the self-employed.

Tax articles for individual taxpayers 2014 returns

     - Personal tax credit and deduction highlights for 2014

     - Update: Ontario personal income tax brackets, tax rates and surtaxes

     - How long should I keep my old tax records?

     - Be prepared for a tax audit

     - Income splitting: What's in it for you?

     - Split pension income to save taxes

     - Tax credits for home buyers

     - Maximize your Tax Free Savings Account contribution in 2015

     - Giving back helps everyone

     - File a tax return, even if you don't pay income taxes 

     - Tax credits can help pay your transit fees

     - Students can claim tuition fees and more

     - Tax credits for families, including Children's Fitness Tax Credit

     - Which childcare costs can be deducted?

     - Tax credits for caregivers

     - More financial security for those with disabilities

     - Ontario Senior Homeowners' Property Tax Grant

Tax articles for 2014 returns for entrepreneurs, business owners and the self-employed

     - Who can deduct driving expenses?

     - Don't be late making your tax instalments

     - The CRA's Business Tax Reminders mobile app

     - How to register your business

     - Understanding GST/HST

     - It's important to keep good tax records

     - Business income and expenses

     - Tax benefits for the self-employed

     - The Small Business Deduction – does your company still qualify?

About the Chartered Professional Accountants of Ontario

CPA Ontario protects the public interest by ensuring its members meet the highest standards for integrity and expertise. CPA Ontario serves and supports its more than 80,000 members and approximately 20,000 students in their qualification and professional development in a wide range of senior positions in public accounting, business, finance, government, not-for-profits and academe. Certified General Accountants (CGAs), Certified Management Accountants (CMAs) and Chartered Accountants (CAs) are now unified under the Chartered Professional Accountant (CPA) designation. Chartered Professional Accountants are valued by organizations of all types and sizes for their financial expertise, strategic thinking, business insight, management skills and leadership. For information on the profession, visit cpaontario.ca. To become a CPA in Ontario, visit gocpaontario.ca.

SOURCE Chartered Professional Accountants of Ontario

Perry Jensen, Chartered Professional Accountants of Ontario, 416-969-4271 or 1-800-387-0735, ext. 4271, [email protected]