2018 Reimbursements For 2017 Moving Expenses Can Be Tax-Free
The Internal Revenue Service (IRS) has offered guidance for taxpayers who moved in 2017, but expenses weren’t reimbursed or paid until 2018.
-
-
Back To School 2014: Moving Expenses
(UPDATE: The giveaway is now closed. We have our winner! See the comments for more info.) Hands down, one of the most exciting parts of going away to college is moving into your own space. As much as you know you’re going to miss mom’s cooking – and heck, even sharing a small bathroom with…
-
IRS Announces 2014 Standard Mileage Rates
Gas prices are on their way down… and so are the standard mileage rates. The IRS has announced the standard mileage rates for business, moving and medical expenses for the calendar year 2014.
-
Back To School: Moving On After Graduation
It’s Back To School Week on the blog! All week long, I’ll be answering your questions about school and tax – complete with fun giveaways. Next up: can you deduct the cost of moving into your dorm room? What about moving out?
-
11 Tax Myths Debunked
And just like that, summer is nearly over and it’s back to work. This week, I’ve been sorting through the “Ask the Taxgirl” mailbag and I’m seeing a number of questions that are similar in nature. Many of them are related to the same, tired arguments that taxpayers make over and over. Just because your…
-
Moving Right Along: Deducting Work-Related Moving Expenses
It’s a pretty exciting week at the law firm: we’re moving to a new location. I’ll admit to being a little nostalgic about the big move. We’ve been in the same offices for more than eight years. I was actually hugely pregnant with my daughter when we signed the lease and had to sign a…
-
With Job Losses Soaring, Ten Tax Tips For The Unemployed
The Department of Labor released its jobs report for June this week and the results weren’t pretty. Only 18,000 new jobs were created in June, representing 7,000 fewer jobs than detailed in a disappointing May report. The unemployment rate continued to climb, hitting a whopping 9.2%, giving June the undesirable distinction of the month with…
-
Tax Tips For The Military On Memorial Day
My kids and I gathered today to watch our local Memorial Day parade. It is a tradition, the parade, and one that I am proud to share with my family. I did not serve in the military but I am indebted to those who did. My grandfather and my great-grandfather both served in the Navy…
-
Ask The Taxgirl: Moving Expenses
Taxpayer asks: Quick Q: I’m leaving my full-time job 2 start grad school. Moving 300 miles. R moving expenses deductible under IRS 455 Taxgirl says: My answer on twitter: Not for grad school. Just for jobs. Grad school may feel like it’s a job but the IRS doesn’t think so. 😉 And now the extended…
-
Ask The Taxgirl: 2010 Mileage Rates
Taxpayer asks: I haven’t seen the 2010 standard mileage rates that the IRS usually puts out at the end of November. Do you know if there was an announcement on this? Taxgirl says: You have super timing! I received this email at 8:53 a.m. today. At 2:36 p.m., an email from IRS landed in my…