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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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Pat Stewart-Johnson & "The Stewart Team"Greater Cleveland Northeast7400 Center St.Mentor, OH 44060Office: 440-255-0905Voice Mail: 440-668-7151Fax: 440-255-0906Email: sales@stewartandstewart.comTo be the best in Real Estate or in any other endeavor in life, you must give 100%, have a genuine interest in people and their best interest, and believe that hard work and integrity go hand in hand. Pat Stewart-Johnson & The Stewart Team believe in these philosophies and have over twenty years of real estate experience. We have carefully selected a team of real estate professionals to help you quickly and effectively get the home that is perfect for you or sell your home for the highest price in the shortest amount of time.
Pat Stewart-Johnson & "The Stewart Team"Greater Cleveland Northeast7400 Center St.Mentor, OH 44060Office: 440-255-0905Voice Mail: 440-668-7151Fax: 440-255-0906Email: sales@stewartandstewart.com
To be the best in Real Estate or in any other endeavor in life, you must give 100%, have a genuine interest in people and their best interest, and believe that hard work and integrity go hand in hand. Pat Stewart-Johnson & The Stewart Team believe in these philosophies and have over twenty years of real estate experience. We have carefully selected a team of real estate professionals to help you quickly and effectively get the home that is perfect for you or sell your home for the highest price in the shortest amount of time.
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