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Here we are again. April 15 is right around the corner. Many have already filed their taxes but for those Chicago movers who have not, Meyers Movers wants to remind you to look closely at your moving expenses if your move took place in 2013. Please be sure to go to the IRS section for Moving Expenses to see if any of your moving expenses qualify for deductions.
There may be other home owner deductions for Chicago movers to consider as well. If you are preparing to move, you may have completed home improvements to ready the home for sale. Some of these improvements may be tax deductible. Or perhaps you made major improvements in your home over the course of time you lived there. Whether you moved recently, or are moving soon or thinking about moving, you will want to be sure to save all necessary receipts for home improvements that may be deductible on your tax return. Go to this IRS section on Tax Information for Homeowners for more information about what a home owner can deduct. Also covered in this section are all specifics concerning mortgage interest credit, real estate taxes and mortgage insurance premiums. And of course, check with your tax professional before making any tax decisions.
Chicago movers who just moved into a new home should consider preparing a file folder for storing records of any home improvements made to the new home now and in the future. The organization of these documents will save much time and money later when it comes time to selling.
Meyers Movers wishes Chicago movers a stress-free tax time!
