Humboldt Movers Answer the Question- Are Moving Expenses Tax Deductible?

BOSTON - June 3, 2013 - PRLog -- Many people wonder whether moving expenses are tax deductible or not. In many cases, the answer is yes, with a bit of research and work. Boston moving company Humboldt Storage and Moving has a few tips on how to increase your chances of earning a tax deduction.

http://www.youtube.com/watch?v=rlA9gbD76AU

Consult a Professional: As with anything to do with the law and taxes, consulting a professional is the best advice anyone can give. A consumer should check with the IRS website and consult a CPA to find out if their individual situation can aid in a tax deduction.

Research Tax Rules: Read up on various tax codes before moving to see what deductions are possible and what requirements are needed to meet them. Sometimes using professional moving companies qualify as a deductible expense.

Keeping Receipts: Be sure to document money spent on packing, moving, lodging and meals. All receipts related to the move should be kept, as they may prove useful later.

Distance, Reason, and Time Spent: Some requirements are related to the distance of the move, the reason for it (such as employment), and the time spent in the original location.

For more details, watch the new video from the experts at Humboldt Storage and Moving:

http://www.humboldt.com/blog/moving-advice/are-moving-expenses-tax-deductable-tax-deductions-and-moving

About Humboldt Storage and Moving:

Humboldt Storage and Moving, founded in1905 is the oldest moving company in Boston and one of the largest United Van Lines agents in the region. The company’s philosophy is “Relax. And get moving.”

Moving is cited as one of the more stressful occasions in people’s lives and the entire Humboldt moving team goes to great lengths to ensure all customers feel at ease through the entire moving process.

Humboldt is well respected in storage and moving in Boston and is also one of the most highly regarded international moving companies in Boston. The Humboldt moving team are specialists in assisting with sensitive down-sizing for senior relocations, coordinating highly technical biotech/lab and hospital moves, fine art moving and storage, time-sensitive office moving and relocations, as well as traditional residential relocations and local moving in Boston.

For more information about Humboldt’s expertise and moving services contact them at (781) 821-8777. For additional information visit http://www.humboldt.com/