Are you planning to move and looking for ways to make the process easier? You may be able to deduct certain expenses associated with relocating your household goods and personal effects. In this article, we'll discuss what you can claim for relocation expenses and how ARC can help you make your move easier.You can deduct unreimbursed moving expenses for yourself, your spouse, and your dependents. However, you cannot deduct expenses that are reimbursed or paid directly by the government. To determine if you can deduct your moving expenses, you must pass the time and distance tests.
These tests are used to determine if your move is work-related.Moving expenses are considered income adjustments, so you can deduct them even if you don't itemize your deductions. Examples of deductible moving expenses include the cost of packing, loading, transporting a trailer, in-transit storage, and insurance.If you're looking for a reliable moving company to help you get to your new location, consider getting a relocation from ARC. We'll make your move easier by providing quality services at an affordable price.