Category Archives: Relocation Cost Management

Three men and three women, one woman is partially out of the image, working as a project team around a table to determine the company’s year-end relocation expense reconciliation

Year-End Relocation Expense Reconciliation: How You Should Prepare

By | Relocation Best Practices, Relocation Challenges, Relocation Cost Management, Relocation Costs, Relocation Expense Reporting, Relocation Policy Review, Relocation Programs, Year-End Relocation Expense Reconciliation | No Comments

Year-End Relocation Expense Reconciliation: How You Should Prepare Companies with relocation programs should prepare for their year-end relocation expense reconciliation. The relocation program may have several parts that flow into multiple departments and functions such as Accounting, Human Resources, Travel, and Tax. Therefore, thorough preparation…

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Handsome man with dark hair and beard, wearing a blue shirt and white t-shirt, holding a paper, woman leaning over and pointing at the paper, reviewing their 2017 relocation expenses

Relocation Expenses Incurred in 2017 and Reimbursed in 2018 are Not Taxable

By | Relocation Cost Management, Relocation Costs, Relocation Expense Reporting, Year-End Relocation Expense Reconciliation | No Comments

Relocation Expenses Incurred in 2017 and Reimbursed in 2018 are Not Taxable The Internal Revenue Service has ruled that relocation expenses incurred in 2017 and reimbursed in 2018 are not taxable. Prior to this ruling, employers had been treating such reimbursements as taxable income for…

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Smiling handsome man carrying roll of carpet, wearing blue t-shirt, grateful for his Lump Sum Self-Service

Lump Sum Self-Service with Payment Options for Relocating Employees

By | Lump Sum Programs, Managed Cap Programs, Relocation Cost Management, Relocation Implementation, Relocation Management, Relocation Models, Relocation Policy Review | No Comments

Lump Sum Self-Service with Payment Options for Relocating Employees What does a traditional Lump Sum relocation program entail as opposed to Lump Sum Self-Service? In traditional Lump Sum relocation programs, employees receive a specific amount of funds for relocation. They also work with a Relocation…

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5 Easy Steps for Year-End Reconciliation of Relocation Expense Data

5 Easy Steps for Year-End Relocation Expense Reporting

By | Corporate relocation tips, Domestic Relocation, Domestic Relocation Tips, Global Mobility, Global Mobility Best Practices, Global Relocation, Global Relocation Tips, Mobility Cost Management, Relocation Best Practices, Relocation Cost Management, Relocation Costs, Relocation Expense Reporting, Relocation Management, Workforce Mobility, Year-End Relocation Expense Reconciliation | No Comments

Getting Ready for Year-End Relocation Expense Reconciliation While most people are busy preparing for the holidays, you’re scrambling through the year-end reconciliation of your relocation expense data. Well, even though it’s only November, here is a gift that will help you navigate your year-end process this year…

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