Tag: employee relocation package

Tax Deductible Moving Expense

 

 

Did you move for work in 2015? There are tons of different reasons to move to a new city but I think it’s safe to say Tax Deductible Moving Expensesthat one of the most popular reasons to move is for a job, whether it’s a new job or a relocation through a current job. While moving for work can often be stressful – it’s not easy to balance your job responsibilities, packing, finding a new home, and your family – there is one very important (and helpful) thing you absolutely must remember. If you moved for work, some of your moving expenses may be tax deductible.

Don’t Forget Your Tax Deductible Moving Expenses!

 

People move all the time, especially in the summer. There are tons of different reasons to move to a new city but I think it’s safe to say that one of the most popular reasons to move is for a job, whether it’s a new job or a relocation Tax deductible moving expensesthrough a current job. While moving for work can often be stressful – it’s not easy to balance your job responsibilities, packing, finding a new home, and your family – there is one very important (and helpful) thing you absolutely must remember. If you are moving for work, some of your moving expenses may be tax deductible.

Military Moving

 

Military MovingMy best friend Malcolm has been in the Army for just about five years and is currently preparing to move to a new base before heading out on his fourth deployment. I am so grateful for his service, and the service provided by all of our country’s military men and women. In fact, there is nothing more important to all of us here at Holman than taking care of our military heroes so today I thought I would share some information on Military Moving .

Relocating for a Job after College Graduation? What You Should Know.

 

Relocating for a Job after College? What You Should KnowIt’s May, which means college graduation is right around the corner. Young twenty something’s everywhere are preparing to move home, move out, or move to a new city based on a job. It’s exciting to receive an official job offer, especially if you’re lucky enough to get one before graduation day. But moving for a job is a big deal, so it’s important to understand all of the details before making a commitment to an employer. If you are a soon to be college grad, or you know a soon to be college grad, this post is for you.

Moving and Your Taxes

 

Tax deductible moving expensesIt’s that time of year again; time to file our taxes. Nobody likes to do it but there’s no way around it. Since my boyfriend and I moved for his job earlier this year, he can deduct a lot of our moving expenses on his return. I know that Matt and I aren’t the only two people who have moved for work related reasons so I thought today would be a good time to talk about the related tax implications.

Moving a Business

 

moving a businessUsually, when people think about moving, we think about moving as individuals or families. But companies deal with moving and relocation all the time as well. There are several different scenarios a company may find itself in: moving the entire office and staff (or re-staffing at destination), moving a group of employees from one office location to another pre-existing location (group move), or opening up a brand new additional office in a new location and moving one or more employees to get it up and running – to name a few. As you know, I moved to Florida with my boyfriend Matt because his company was opening a new office down here. It has been a crazy few months for both Matt and his employer but I was finally able to snag an interview with his boss to discuss how he went about opening the new office, moving his top employee, and adjusting to a semi-remote workforce.

How to Consider a Relocation Offer

 

Consider a relo offerWe talk a lot about relocating for work and how to understand the benefits that an employer offers for such circumstances. Recently, a good friend of mine was offered an amazing opportunity to help expand her company to the west coast. If accepted, she would move to California, be promoted, receive a salary increase, and get the chance to work side by side with top executives. She’s always wanted to move to California since a lot of her family is already there and she had been working hard to prove she was right for the job. Here’s the catch, her company doesn’t offer any relocation assistance. The entire move from Delaware to California would be out of pocket and on her own time. That changes what would have been a no brainer to a pretty tough decision.

Do Trailing Spouses Have to Forfeit Their Career?

moving for workI had never heard the term “trailing spouse” before I started working here. The complications that come with moving for your significant other’s professional career wasn’t something I ever even considered. Why would I? I was fresh out of college and focused on my own professional growth. But, after almost two years in my position, I’ve realized that this is an issue that comes up every day for families.  

Is Relocation Right for Me?

Finding a job can be tough, especially these days. A few of my friends still haven’t been able to find a job after graduation almost two years ago. A few more have started opening their search criteria, willing to make a move for an open position. Some have found opportunities in another state, and some in another country. Those with such offers are now faced with deciding whether or not the move will be worth it. Do you take a job in a city far from home just for the sake of having a job? Or, do you keep looking for something else? That really all depends …

Things College Grads Should Consider Before Relocating for Work

Relocating College GradsSummer moving season is here! With the one year anniversary of my college graduation right around the corner, I have been thinking about the job hunt that this year’s graduates are facing. That, and the fact that I work for a relocation company, had me wondering what it would have been like to relocate for a job as a recent grad and new hire.