Relocation packages 2009/2010: What's different?
Jan 19th 2010, 4:37 pm
#16
Lost in BE Cyberspace
Joined: Jan 2006
Location: San Francisco
Posts: 12,865
Re: Relocation packages 2009/2010: What's different?
Yes, it looks great in all respects but one... unless they've also agreed to pay the taxes this will incur, some of this is going to be taxable to the recipient. A very important part of a relocation package is getting an employer to "gross up" the taxable portions so you don't end up with a nice tax bill the following April 15th.
Last edited by Giantaxe; Jan 19th 2010 at 4:40 pm.
