Can You Claim Your Move?

It's officially a new year. And as such, it's time to start thinking about everything we've done in the past year, like moving, and things we need to do in 2009, like taxes. Sorry. No one likes to think about taxes, but if you've moved in the past 12 months you could be looking at a nice write-off - and that's definitely good news!

So my advice is to keep and collect your receipts, then see if they can be deducted when you file your taxes. Rules vary according to your government's stipulations. For instance in Canada, individuals or families who moved to attend full-time school or for a change in job or job location or to continue running a business, may be able to claim their moving expenses. In the U.S., moving expenses may be claimed if individuals or families moved in the previous year because of a change in job location or because they started a new job.

Trying to determine if you can deduct and what you can deduct may take some time and patience; it can, however, pay off in the end. And that's a great way to start off a new year!

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