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…
Massachusetts May Retain Deduction for Moving Expenses The state of Massachusetts may retain deduction for moving expenses that the 2017 Tax Cut and Jobs Act (TCJA) eliminated at the Federal level. According to the Massachusetts Revised Working Draft TIR 19-XX: Impact of Selected Provisions of…
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…
Australian Senate Approves Skilling Australians Fund Levy Legislation The Australian Senate has recently passed the Skilling Australians Fund (SAF) levy legislation aimed at developing a fund to provide training for Australians. This legislation is part of a larger group of initiatives that will change requirements…
Top 5 Healthcare Industry Recruiting and Relocation Trends The Healthcare Industry has been growing at an increasing pace over the past several years. Factors such as the implementation of the Affordable Care Act, an aging population, and technological advances all contribute to the ever-expanding demand…
