Moving and Your Expenses

Moving is a pain, but there is one possible upside when it’s time to file your tax return for  the year: moving expenses can be claimed as an income deduction if you moved during the year and established a new home to start a new job or business. This deduction is also available to post-secondary students, but only if they are studying full-time and only if they received an amount from a scholarship, bursary, fellowship or research grant in the year which was required to be included in income. … to read more download: “Moving and Your Expenses” Connection Article October 2011

Cody & James Chartered Professional Accountants