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GCSE, Green Chencinski Starkman Eles LLP Chartered Accountants, is a full-service, public accounting firm, primarily serving the small and mid-size, entrepreneurial business and professional sectors in Toronto Canada. GCSE’s experienced partners and professional, support staff strive to provide accounting and advisory services using an invaluable personal approach, designed to meet each client’s individual needs. This “personal touch”, combined with a full range of accounting, auditing, tax compliance and planning services allows GCSE to meet all your business and personal accounting requirements.

  Safety Deposit Box fees No Longer Deductible

Beginning in 2014, safety deposit box fees will no longer be deductible.

The government has decided that taxpayers no longer need to keep paper copies of documents as electronic records have beome the norm. As a result, safety deposit boxes are increasingly used for personal purposes instead of for the purpose of earning business or property income.

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