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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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Q	What famous writer's home is Rowan Oak?
A	Rowan Oak in Oxford, Mississippi, was the home of William Faulkner from 1930 until his death in 1962.
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Joy Jordan, REALTOR®, real estate agent and broker for Abilene Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Joy Jordan
RE/MAX of Abilene
2545 South Danville Drive
Abilene, TX. 79605
Office: 325-695-3730
Direct: 325-793-5060
Cell: 325-338-7740
Fax: 325-695-5313
Email: joyljordan@aol.com
I HAVE BEEN WORKING IN REAL ESTATE IN ABILENE, TEXAS FOR 29+ YEARS. "SERVICE IS MY SPECIALTY", AND I EXTEND MY SPECIALIZED SERVICES TO EVERYONE I ENCOUNTER IN MY PROFESSION. I HAVE SERVED AS AN ADVISOR TO MANY FAMILIES, AND I FIND GREAT SATIS-FACTION IN BEING ABLE TO WORK AND HELP OTHERS AS A RESULT OF THE REAL ESTATE KNOWLEDGE AND EXPERIENCE I HAVE ACQUIRED THESE MANY YEARS.

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