Accounting for Bravery: CPA Ontario offers support for frontline health workers
TORONTO, April 13, 2020 – Today, Chartered Professional Accountants of Ontario (CPA Ontario) announced the launch of its Accounting for Bravery initiative. This exciting new program brings together CPAs from across the province to support frontline healthcare professionals by offering to prepare their tax returns, free of charge.
With thousands of healthcare workers on the frontlines battling COVID-19, Ontario’s CPAs want to contribute their professional expertise in support of these individuals. The Accounting for Bravery initiative will help frontline healthcare workers prepare their 2019 tax returns, whether they are a nurse, a paramedic, a lab technician or a cleaner.
“We are so incredibly thankful for the courage and commitment that frontline healthcare workers have shown since the beginning of this crisis,” said CEO and President Carol Wilding, FCPA, FCA. “While we cannot be on the frontlines with them, CPAs across Ontario are providing their time and expertise to help support healthcare workers.”
After completing a simple online form, eligible healthcare workers will be connected to a CPA who can receive their documentation electronically. In keeping with social distancing guidelines, there will be no face-to-face meetings.
In an effort to help as many frontline workers as possible, the program will cover simple individual, spousal and dependent children’s tax returns for any frontline healthcare workers in hospitals or nursing homes. This includes, but is not limited to nurses, paramedics, doctors, cleaning staff, PSWs, lab technicians or other health care professionals who are dealing directly with COVID-19.
“By volunteering our professional services, we hope to give healthcare workers some relief during this crisis and offer the best professional advice so they can complete their taxes,” said Wilding.
This is a profession-wide initiative organized by the Chartered Professional Accountants of Ontario with support from KPMG, Deloitte, EY, PwC, BDO, Grant Thornton, MNP, and many other members.
About the Chartered Professional Accountants of Ontario
We protect the public. We advance our profession. We guide our CPAs. We ensure that our more than 93,000 members and 21,000 students meet the highest standards of integrity and expertise. We help them stay ahead of global market trends and abreast of regulatory change. CPAs represent a globally recognized, premium designation. Our Chartered Professional Accountants are valued by organizations in all industries for their financial expertise, strategic thinking, management skills and leadership. For information on the profession visit: cpaontario.ca.
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Vice President, Communications
Chartered Professional Accountants of Ontario