ASEC (Accounting Student Education Contribution) offers free tax clinic on campus

[artsinfo]

Please share this information with our students!

ASEC (Accounting Student Education Contribution) is running a free 
tax clinic right on campus.   Held in the MPR at the SLC on April 
1st-3rd, 12-10 pm, any low-income earners (individuals below $2400) 
can go there to file their tax returns. All volunteers are students 
from the School of Accounting and Finance (SAF), trained by the 
Canada Revenue Agency.

Now what are the benefits of doing your taxes this year? Here are the 
major ones:

Free Money in the Mail: You can qualify for a refundable tax credit 
from the Ontario government of $100, provided that:
    * you lived in Ontario for the majority of 2008
    * you were 16 or older on December 31 of 2008
    * no one else claimed an Ontario Sales Tax Credit for you
This should apply to many UW students; after filing, you will receive 
a cheque of $100 in a few months, delivered right to your mailing 
address. For more information, or if you have a spouse or a dependent 
to qualify for even more money in this credit, visit 
http://www.rev.gov.on.ca/english/credit/stc/

More free Money: If you're 19 or older, you could qualify for ANOTHER 
refundable tax credit, this time from the Federal government. The 
calculation for this credit is a little more complicated, but the 
basic amount is $242.00, so you will get that in the mail if you did 
not get paid more that $7851.00 in 2008. For full details and 
possible additions (i.e. having a dependent), visit 
http://www.cra-arc.gc.ca/E/pub/tg/rc4210/rc4210-e.html#chart2 - this 
is an example of what if you get if you're single, separated, 
divorced or widowed

Future Money: If you had a job that earned some money, even less than 
$1000, you add to your RRSP room. Your RRSP room lets you put more 
money to save against further taxes, saving you money in the future.

Many other claimable credits: For example, if you live on-campus 
residence, did you know you also qualify for another $25? Check out 
http://www.cra-arc.gc.ca/tx/ndvdls/menu-eng.html for all the details.

Most importantly, you did NOT need to have a job in 2008 to file your 
taxes. This is a misconception that we're trying to fix, so tell all 
your friends if you're interested!

So want to get started filing? Make sure to bring the following 
during our free clinic days:

Your SIN (Social Insurance Number)
Any tax forms issued by the government (usually starts with a T, such 
as T4; and if applied to you should have gotten them in the mail) 
Valid copies (photocopied, scanned or faxed) are acceptable
All applicable receipts: (i.e. charitable expenses, child care 
expenses, rent) NOTE: Although you normally need a rent receipt for 
housing, if you are ON CAMPUS at UW, it is not needed, as it is just a $25.
Your tuition information - you can qualify for a credit if you have 
your tuition information at hand (i.e. fees paid in 2008 for tuition 
ONLY); unfortunately this credit is non-refundable (no money), but it 
is something to file anyway to improve your RRSP room in the future; 
visit http://www.cra-arc.gc.ca/E/pub/tp/it516r2/README.html for more info
Basic Personal Information along with Government-issued Photo ID: 
Mailing address (to receive the money), date of birth, emergency 
contacts, etc.

So bring these documents to the clinic, and we'll have them filed to 
you in no time. Volunteers will be using the electronic UFile system 
with you, which is a simple interview based system (we ask you 
questions for certain tax criteria, and you answer them), so there is 
no need for manually line-by-line filing, and each filing should take 
15-30 minutes. We will be submitting your tax return through the 
E-file system.

So if you have any more questions about income limitations and tax 
returns info, visit, www.asec.ca/taxclinic.php OR e-mail us at 
taxclinic at asec.ca

On behalf of the whole Tax Clinic Team, we hope to help you with your 
returns and may it be a speedy success!

Cheers,
The Tax Clinic Team 2009

Student Recruitment Office
Prospective Student Advisement
FACULTY OF ARTS
University of Waterloo
Ontario, Canada, N2L 3G1
Phone: 519-888-4567 x32259
FAX: 519-725-1749

Arts - Experience the Waterloo difference.

Faculty of Arts - <http://www.arts.uwaterloo.ca>www.arts.uwaterloo.ca
Information for Applicants - www.findoutmore.uwaterloo.ca/thenextstep/
Information for Prospective Students - 
<http://www.findoutmore.uwaterloo.ca>www.findoutmore.uwaterloo.ca
<http://www.facebook.com/pages/Waterloo-ON/Waterloo-Arts/42247978072?sid=042ced0939361203536bfa4e238b94a9&refurl=http%3A%2F%2Fwww.facebook.com%2Fs.php%3Fsid%3D042ced0939361203536bfa4e238b94a9%26q%3DArts%2B%2540%2BWaterloo%26init%3Dq%26n%3D-1%26o%3D4%26k%3D100000000020%26sf%3Dt&ref=s>Check 
out our Facebook 
<http://www.facebook.com/pages/Waterloo-ON/Waterloo-Arts/42247978072?sid=042ced0939361203536bfa4e238b94a9&refurl=http%3A%2F%2Fwww.facebook.com%2Fs.php%3Fsid%3D042ced0939361203536bfa4e238b94a9%26q%3DArts%2B%2540%2BWaterloo%26init%3Dq%26n%3D-1%26o%3D4%26k%3D100000000020%26sf%3Dt&ref=s>page! 


P Please consider the environment before printing this email.  
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://artslist.uwaterloo.ca/pipermail/artsannounce/attachments/20090316/788afadc/attachment.html