From all of us here at Relocation America International, we would like to wish our clients, transferees and followers a safe and Happy Thanksgiving holiday!
A collection is a source of pride, the result of hours of research, price checking, purchasing and protecting the items that are uniquely attractive to you. And whether you collect baseball cards, vintage jewelry, pinball machines, fine art or something else entirely, this personal and financial investment is especially important.
When it comes time to move from your current home to a new one, the last thing you want to do is see your collection lost, damaged or otherwise impacted by the process. The good news is there are plenty of ways to keep your collection safe as you start to plan your move and while in transit.
Start thinking about how much space you have in your car or the small trailer you’ll bring along on the move. If your collection doesn’t take up much space, you might be able to simply bring it with you.
Similarly, the distance you plan to cover during your move can have a major impact on the feasibility of transporting your collection. If you’re moving from one end of your city to another, your stacks of records are likely worth a few extra trips back and forth to your new home from your old one. But if your new home is hundreds or thousands of miles away, you likely won’t have that luxury. In these cases, you’ll need to start considering how the dependable movers and packers you plan to work with can help.
Whether you can handle this part of the move on your own or you need help from professionals, these are a few steps you should take early on:
Trustworthy, experienced movers and packers have experience securely packaging and transporting items ranging from extremely common to rare and unique. We have a dedicated, carefully crafted process for moving antiques and collectibles, along with many other high-value items. Your movers and packers can draw on their past work to devise a comprehensive plan for transporting it.
About Relocation America International
Relocation America International is a full service relocation management company dedicated to providing innovative relocation services, value added support, and superior customer service to clients relocating families domestically and internationally. Visit http://www.rainternational.com for more information about our services or contact us at firstname.lastname@example.org
Every year mobility departments field this question. This year, however, a larger number of transferees are reaching out to their employers as they compare their 2018 filings with previous ones.
They’re wondering why their tax refund wasn’t larger or, worse yet, why they owe money.
The assumed cause? Their relocation expenses were not grossed up sufficiently.
While this may be true in some cases, it is more likely that tax reform played a significant role. In fact, as the filing season came to an end, the IRS announced that the average refund was down by roughly 2%.
When tax reform was implemented, many people experienced:
These factors affected the tax situations of many, not just relocating employees. Transferees should also consider the following, which may not be linked to relocation:
If none of the above information explains a transferee’s tax situation, the employer may conduct a gross-up audit to determine if additional money is owed to the employee.
Regardless, it’s important to educate all employees about tax reform and what factors determine the type of refund – or tax bill – a staff member receives. For all employees, the IRS recommends using its online tax withholding estimator for a “paycheck checkup.” This tool will help ensure the right amount of tax is withheld.
By providing employees with accurate information and tools, you can stave off questions and – most importantly – help staff members avoid tax-related surprises.