Ahhh tax season. How we all love this time of year. Well maybe some people do. For the most of us tax time isn't the most exciting time of the year.
Especially if you have just moved into, say a new city or state. In addition to taxes you have the stress of packing, moving, unpacking, coordinating furnitures for decor etc.
Well you may be delighted to learn that the Federal Government does offer a "reasonable" tax deduction for moving expenses. To qualify you must move at least 50 miles from your employer or last residence because of a new job, or starting a new company. This includes moving costs, air fare, lodging etc. Keep in mind, however, that meals are excluded.
Another condition is that you must work at your new location for 39 weeks during the next 12 months.
Check out the IRS website for more details.
And remember, we are a FULL moving service located in Austin!
Especially if you have just moved into, say a new city or state. In addition to taxes you have the stress of packing, moving, unpacking, coordinating furnitures for decor etc.
Well you may be delighted to learn that the Federal Government does offer a "reasonable" tax deduction for moving expenses. To qualify you must move at least 50 miles from your employer or last residence because of a new job, or starting a new company. This includes moving costs, air fare, lodging etc. Keep in mind, however, that meals are excluded.
Another condition is that you must work at your new location for 39 weeks during the next 12 months.
Check out the IRS website for more details.
And remember, we are a FULL moving service located in Austin!
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