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Self Employed >Moving And Taxes
Even with the changes in tax laws over recent years, you may be able to deduct some of the expenses of a move that is the result of a change in your job.
You will probably be able to deduct the costs of your move if your new work location means more than an additional 50-mile commute, if you move within a year of taking the job at the new location, and if you work full-time for at least 39 weeks (the total is 78 weeks if you are self-employed). You should keep meticulous records of all of your expenses and consult a tax expert to make sure that you take all the lawful tax deductions allowed by the IRS criteria for expenses related to selling your old home or buying your new one. The IRS publication No. 521 entitled "Tax Information on Moving Expenses" makes good reading before you make a move.
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Where is the world's largest industrial building located?
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The single largest industrial structure is the container freight station of Asia Terminals Ltd in Hong Kong. It is 359 feet high, with 15 levels. |
See More Real Estate Trivia > |
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The Hokanson Group Keller Williams Realty Southern Oregon 1025 Court St. Medford, OR 97501 Direct: 541-772-SOLD (7653) Text: 541-772-7653 Fax: 541-608-0448 Office: 541-608-0447 Jared@TopSouthernOregonAgent.com
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