Employee relocations can have their fair share of tax implications. No other circumstance is quite as worrisome to the employee as the impact that can come about from receiving a lump sum payment to cover their moving expenses.
Relocation can be a major expense for both employers and employees. That's why many companies offer relocation packages to help offset the costs of moving. But how much is the average relocation package? And what's included?
Homebuyers hoping for lower mortgage costs in 2025 may want to temper their expectations. Just as 2024 was challenging for mortgage costs, this year is slated to bring more of the same.
With global mobility leaders predicting an increase in global relocations this year, transferees like Jackie should consider cost-of-living comparisons in advance. Here are some key factors to evaluate.