Can You Deduct Moving Expenses for Your Business?

Can You Deduct Moving Expenses for Your Business?

Quick answer: It depends entirely on what’s moving. Moving yourself for business reasons is not deductible — that personal moving expense deduction was suspended in 2018 and hasn’t come back, aside from a narrow military exception. Moving your business’s equipment, inventory, or office is a different story, and that’s generally still a normal, deductible business … Read more