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Michael DiSabatino of Sharp CFO™ offers expert insights to help you unlock your business's full potential by delivering proven strategies for maximizing tax savings, streamlining operations, and driving sustainable growth.

That Move is Deductible!

That Move is Deductible!
This overlooked tax deduction can be money in your pocket

 

Summertime is often a time for moving. The kids are out of school and new opportunities await. Don’t forget that your move might be tax deductible. Here are some hints to ensure you do not forget this valuable tax deduction.

Job related… 50 miles or more… 39 weeks

To have moving expenses qualify as a tax deduction your move must be closely related to your new job.

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