This story appeared in the June 7, 2017 issue of Level Up by Forbes newsletter. Subscribe
More and more people are trading their 9-to-5 routines for self-employment and remote work, but how tax deductions work with this way of life isn't always clear. Can you itemize your miles, movers and storage units?
To save at tax time, writes Forbes contributor Janet Berry-Johnson, you'll need to stay in your new city for two years while working full-time. You may also have to claim a business incentive for the move, like being closer to clients. Even if those tax breaks don't apply to you, there are other opportunities for saving.
"If you have a desk, server or anything that needs special attention when it is moved, you could deduct those items as a necessary and ordinary business expense," says IRS enrolled agent Craig Smalley.