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re: If your company makes working from home permanent, would you move somewhere else?

Posted on 9/24/20 at 4:02 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
262334 posts
Posted on 9/24/20 at 4:02 pm to
To a smaller town 80 miles North of here. Its my retirement choice but id move there now in a heartbeat should the opportunity to permenantly work from home arise.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32844 posts
Posted on 9/24/20 at 4:06 pm to
quote:

That is 100% not true.


The question was in response to working remotely, if you work remotely, you are taxed in the state that you live in. I know this because I’ve been doing it for years. My work is based out of Tennessee, I live in Louisiana. I still have to pay Louisiana income taxes, regardless of where my “work” in located.
Posted by MardiGrasCajun
Dirty Coast, MS
Member since Sep 2005
5387 posts
Posted on 9/24/20 at 4:08 pm to
quote:

Stay the frick out of WNC. We don’t need or want you here.


Posted by concrete_tiger
Member since May 2020
6111 posts
Posted on 9/24/20 at 4:08 pm to
quote:

You mean adjust upward, right? If I'm making $100k a year and the company spends $10k to keep my office up, I want a piece of that $10k that they're no longer spending to employ me. After all, I'm providing my own office.



I wish.

Imagine you make $100,000 in Stamford, CT.
You decide to move to Panama City Beach, FL.
They adjust your pay to $70,000.

Google it... lots of companies are looking into this. I agree with your logic, but companies suck. I realized this when I realized if I died, my job would be posted before my obituary.




Posted by lilsnappa
Red Stick
Member since Mar 2006
1798 posts
Posted on 9/24/20 at 4:08 pm to
People banging on Charlotte have obviously never spent any significant time there.

If you've only been to the airport to/from downtown then you don't understand how nice/clean/live-able it is within the city limits and surrounding areas.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48976 posts
Posted on 9/24/20 at 4:10 pm to
quote:

To a smaller town 80 miles North of here. Its my retirement choice but id move there now in a heartbeat should the opportunity to permenantly work from home arise.

I don't love working from home full time but the ability to live where I want to would probably be appealing enough for me to consider it. I would 100% have a backyard office built or installed though. Something like this

Posted by Privateer 2007
Member since Jan 2020
6256 posts
Posted on 9/24/20 at 4:10 pm to
quote:

war between HR and high level employees


HR ppl are basically useless.
Why they ever have clout is beyond me.
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 9/24/20 at 4:10 pm to
I don’t believe I’d be able to, but at the same time we aren’t going WFH permanently
shite we’re mostly back now
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 9/24/20 at 4:11 pm to
quote:

If that's the case, I might consider moving from ATL to Charlotte for a variety of reasons.

Wouldn’t this have some tax implications to the company then?
Posted by FinleyStreet
Member since Aug 2011
7905 posts
Posted on 9/24/20 at 4:11 pm to
quote:

We only have physical locations in LA but we have some employees that are wfh 100% from other states. I've always been curious how that works from a tax standpoint.


Totally depends on the state(s) in question and what (if any) reciprocity laws there are. You would need to do your homework in advance.
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 9/24/20 at 4:13 pm to
That’s exactly what is here. Stay away.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
262334 posts
Posted on 9/24/20 at 4:15 pm to
quote:

HR ppl are basically useless.
Why they ever have clout is beyond me.


Because, lawyers.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32844 posts
Posted on 9/24/20 at 4:16 pm to
quote:

Imagine you make $100,000 in Stamford, CT.
You decide to move to Panama City Beach, FL.
They adjust your pay to $70,000.

Google it... lots of companies are looking into this. I agree with your logic, but companies suck. I realized this when I realized if I died, my job would be posted before my obituary.



From what I’ve seen and experienced (working in a field that has been remote based for a while), companies will pay most positions within the same pay band regardless of where the employee lives. This pay band will be less than the really high COL areas, but more than really cheap COL areas.

Now, as I stated this is for a field that has been doing the remote thing for a while, I don’t know how fields are going to adjust when newly moving to remote work where they typically paid employee exorbitant salaries because they “had to” in order to attract employees that could afford to live in these high COL areas.
Posted by MardiGrasCajun
Dirty Coast, MS
Member since Sep 2005
5387 posts
Posted on 9/24/20 at 4:16 pm to
quote:

That’s exactly what is here. Stay away.


Been there many times. I love WNC.
Posted by Sneaky__Sally
Member since Jul 2015
12364 posts
Posted on 9/24/20 at 4:18 pm to
quote:

If that's the case, I might consider moving from ATL to Charlotte for a variety of reasons.


You should do that in a heartbeat
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 9/24/20 at 4:19 pm to
quote:

Only where you live, not where your work is based.


Don’t think that’s true at all
Your company is in GA and you live in NC
You’re paying both
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32844 posts
Posted on 9/24/20 at 4:20 pm to
quote:

We only have physical locations in LA but we have some employees that are wfh 100% from other states. I've always been curious how that works from a tax standpoint.



From what I’ve read, you won’t ever have to double dip in income taxes, if you have to end up paying two different states, you will get a tax credit from one of them for what you paid to the other.

I work from Louisiana, my firm is based out of Tennessee, and the client I do most of my work for is in Kansas City. I only pay Louisiana taxes.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32844 posts
Posted on 9/24/20 at 4:21 pm to
quote:

Don’t think that’s true at all
Your company is in GA and you live in NC
You’re paying both



If your work is 100% remote this isn’t true. My work is now based out of Tennessee (no income tax), but at one point was based out of Atlanta. I never paid Georgia income tax.
Posted by Gatorbait2008
Member since Aug 2015
22953 posts
Posted on 9/24/20 at 4:22 pm to
In a second. Move to an island and live the good life.
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 9/24/20 at 4:26 pm to
quote:

If your work is 100% remote this isn’t true.

Gotcha
Yea I’m basically just thinking of what colleagues i work with now (Work will never be 100% remote)

Guys that live in CT and NJ.
Commute to the city.
Get two W2s

This post was edited on 9/24/20 at 4:27 pm
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