Five ways to save on moving costs

2. Avoid busy season
Many industries have hectic times of year. For the moving business, it’s June through August when people are scrambling to get into new homes before school reopens in the fall. That’s also when moving prices are highest. If you have a choice, you’ll save money by scheduling your move between October and April. No matter when you move, try to book your date well in advance. If the mover’s schedule is already pretty full when you call, they may set a higher price.
3. Shop around
The lowest price isn’t necessarily the best deal, since you’ll want a reliable mover that will get your goods where they’re supposed to be without damaging them. To get the most value for your moving dollar, begin by asking for recommendations from friends and family. Pick at least three reputable companies and ask them to come to your house to provide an estimate so there are no surprises on moving day. Getting several estimates can make it easier to negotiate and settle on the best choice. Be sure to ask if there are any additional costs for stairs, heavy or fragile items, or anything else.
4. Use your own packing materials
Movers charge extra for boxes or other supplies, so it’s best to provide your own. You can find boxes at local businesses. You can also use your own suitcases or empty storage bins. Another option is to rent a moving container. Container rental companies deliver a storage container to your door, you pack it, and then they move it to your new home.
5. Don’t forget the deduction
If you are moving because you have been transferred to a new location or you are starting a new job, you may be able to deduct your moving costs on your federal tax return. To qualify, your new workplace must be at least 50 miles farther from your old home than your old job location was from your old home. If you are now commuting 30 miles a day to work and your new job will require an 80 mile commute, then you could deduct the costs of moving to be closer to the new office. If you are newly employed, your new job location must be at least 50 miles from your old home. If you meet these and other qualifications, you can deduct most of your moving expenses.
Your local CPA can help
Whenever you’re trying to cut costs or planning for your future, your local CPA can offer the expertise and advice you need. Contact him or her with all your financial questions.
(To find a CPA in Pennsylvania by location or area of expertise, visit www.ineedacpa.org.