Categories for

Moving Tips – Make Money Moving

Simple moving tips to offset some of the costs of moving

Everyone loves to make money. While the easiest way to save on moving costs is to hire a professional mover at a competitive price like Arrow Moving and Storage there are other ways you can recoup some of the expenses. Follow these easy moving tips to make money when you move.

Sell your unused moving boxes. Moving boxes might be a one time expense. You can get as many as the job needs from Arrow Moving and Storage but when you are finished with them instead of letting them waste away in the attic why not try selling them? Many sites such as craigslist or ….. allow you to list moving boxes and while it may not make you much it will certainly be better than nothing.

Sell extra furniture. Getting rid of some of the furniture you might not need in your new space not only makes your move day simpler and saves space but you can also earn an extra buck or two. Popular sites such as craigslist and eBay can be easy options to make some cash from older items. You can also check your local consignment store to see what sort of prices they might be able to offer. You can use the extra cash to go toward new furniture for your new home.

Old clothes can find new value. Online consignment shops such as thredUP or Tradesy can find a new home for some of your unwanted clothes and keep them out of your moving boxes. Of course giving to the local salvation army is also an option.

Old electronics and especially smartphones may not be as useless as you had thought. Gadgets may lose their value rather quickly but if you know what to do you can certainly recoup a bit of the cost. One of the easiest options is to head to an ecoATM. This nifty machine will take your smartphone, analyse the model and dispense money on the spot.

Of course the best way to save money when you move is to hire experience professionals such as Arrow Moving to handle the job correctly for a competitive price. Contact us today.

Share this:
Facebooktwittergoogle_pluspinterest

Moving Insurance and Protection

Full Value Moving Insurance

Protecting your personal belongings during your move is as important to you as it is to us. That’s why Arrow Moving offers a plan to protect you if the unexpected happens to your personal items during your move. Our moving insurance is easy to understand, and it’s included upfront with every Arrow Moving move.

Here’s how it works: The default amount of full-value protection is automatically included with your move using the estimated weight of your total shipment.

  • $6 x 10,000 lbs = $60,000

The protection amount is calculated at a rate of $6 per pound multiplied by the estimated weight of your total shipment.

For example, Arrow Moving will offer $60,000 in shipment protection for a 10,000 pound shipment. During your move: If we cause damage or loss to any of your personal belongings they will be either repaired or replaced up to the total amount of the shipment protection that you select.

Included with Full-Value Protection moving insurance is the High Value Inventory Form. This form must be used to list any items valued greater than $100 per pound. It’s important that each item being moved is carefully considered by you with this in mind. So if an item has a value beyond $100 per pound, be sure to list the item on the High Value Inventory Form. As you can see, your use of the High Value Inventory Form assures you the full benefit of your Full-Value Protection for your valuable items.

At Arrow Moving, we understand that moving can be a stressful time, let Full-Value Protection moving insurance help ease your mind.

Share this:
Facebooktwittergoogle_pluspinterest

Moving Expenses Tax Deduction

Sometimes Changing Places Can Pay with a Moving Expenses Tax Deduction

You may, under certain circumstances, deduct some moving expenses on your federal income tax return if you complete the appropriate forms. Though Arrow Moving and Storage cannot give you tax advice, we have prepared a summary of some of the issues you should consider about the tax implications of your move. Because laws change frequently, you should always consult the Internal Revenue Service or your personal tax advisor for the most current information about your particular situation

Do You Qualify?

If you are moving in order to start a new job or have been transferred to a new location in your current job, the IRS allows you a reasonable moving expenses tax deduction as an adjustment to gross income if certain conditions, including the following, are met: The change in job location would require you to commute at least 50 miles (one way) farther to work had you not moved. That 50 miles must be based on the shortest of the most commonly traveled routes. The move occurs within one year of the date you begin work at the new location. You work full time (for any employer) in the general vicinity of the new location for at least 39 weeks during the 12-month period following the move. If you are transferred, laid off or become disabled before the end of the 39-week period, you still may claim moving expenses. If you are self-employed, you must work full time for a total of at least 78 weeks during the 24 months immediately after you move.

Deductible Expenses

If you meet the qualifications for a moving expenses tax deduction, the following types of expenses may be deductible if you moved with the United States or from a foreign country into U.S. territory. Packing and Transporting You can deduct the reasonable expenses of packing, crating and transporting your family’s personal effects from your former home to your new one. Moving expenses can also include the transportation of your automobile and pets and the cost of valuation and in-transit storage. For moves within the United States, the deduction of in-transit storage expenses is limited to the cost of 30 consecutive days of storage after your goods are picked up. Guidance about whether particular expenses are reasonable is available from the IRS. Travel You can deduct the cost of your personal, one-way transportation and lodging. The trip should be the shortest, most direct route available for the type of transportation selected. It is not necessary that all family members travel at the same time. However, the expenses for only one trip per person may be deducted. Additional information about particular expenses may be obtained from the IRS.

Moving Documents Checklist

You should keep records pertaining to your move in one place, and keep them for at least three years. Those records should include:

Mover’s Documents

• Bill of Lading

• Inventory

• Additional Services Performed form

Travel Expense Receipts

• Personal transportation costs (air, bus or train fares, and/or automobile expenses)

• Lodging

IRS Tax Forms and Information

• W-2 Wage and Tax Statement (from employer)

• 4782 Employee Moving Expense Information (from employer)

• 1040 U.S. Individual Income Tax Return

• Schedule A – Itemized Deductions

• Schedule D – Capital Gains and Losses

• Form 3903 – Moving Expenses

• Publication 521 – Moving Expenses

• Publication 523 – Tax Information on Selling Your Home

• Publication 530 – Tax Information for Homeowners

• Publication 553 – Highlights of Tax Changes

Keep in mind that Arrow Moving and Storage cannot offer specific tax advice and any specific inquiries should be directed to a tax professional.

 

Share this:
Facebooktwittergoogle_pluspinterest

Move Rescue

Mover fraud can devastate lives! To help prevent fraud, United Van Lines and Mayflower Transit have endorsed Move Rescue. Move Rescue serves as a central source for education and assistance; consumer advocacy; legal referrals; and shipment rescue services. To reach Move Rescue, visit www.MoveRescue.com or call Move Rescue at (800) 832-1773. Mover fraud is preventable!

 

Share this:
Facebooktwittergoogle_pluspinterest