“This man tested Canada’s tax laws by moving in a canoe- and won”
CBC News recently posted an article about a Canadian man who moved by CANOE, when he was fed up with Canada’s tax laws! To read more about how he claimed his very unique moving expenses, we’ve linked the full article here:
https://www.cbc.ca/amp/1.5355436 by Stu Mills, CBC News.
Claiming Expenses on your Income Tax Return
One of the most frequent questions we get when meeting with clients, especially around tax time, is regarding what they can and cannot claim on their return. Canada’s tax laws are extensive on this topic, and can also change, so it’s important to have a professional accountant on your side to make sure you are making the most of your money.
Some frequently asked questions from new clients:
“Can I claim home improvements, if I do the majority of work from my home office?”
“Can I claim gas… insurance… car repairs… if I drive for work?
“Are there any expenses I’m missing out on as a University student?”
“I have a medical condition that impacts my grocery bill- can I claim the food I purchase that’s required for my specialized diet?”
While we often get specific questions FROM clients, our experienced accountants often find expenses that you could be claiming that you hadn’t realized on previous returns. That’s why hiring a professional CPA is so important- our job is to save you money! Accounting is what we do- and we have the experience and knowledge to help you and your business.
And if you ever want to move by canoe, or other unique mode of transportation, now you know you can claim it!