Category Archives: Relocation Expense Reporting

Two coworkers looking at a computer screen, one with blonde hair, beard, mustache, wearing white shirt, the other with dark hair, beard, mustache, wearing blue shirt, discussing centralization advantages

Centralization Advantages: What You Should Know

By | Centralization, Centralization Advantages, Outsource Global Mobility Management, Outsourcing Relocation Programs, Relocation Benchmarking, Relocation Best Practices, Relocation Cost Management, Relocation Expense Reporting, Relocation Implementation, Relocation Management, Relocation Models, Relocation Policy Benchmarking, Relocation Policy Review, Relocation Programs, Relocation Technology, Relocation Technology Features | No Comments

Centralization Advantages: What You Should Know Companies benchmarking their relocation policies often learn about many centralization advantages that can be obtained by moving away from a decentralized business model for their relocation program. Often a company’s decentralized relocation program develops over time through business mergers…

Read More
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…

Read More
Boston Massachusetts skyline shown in blog post about the state choosing to retain deduction for moving expenses

Massachusetts May Retain Deduction for Moving Expenses

By | Domestic Real Estate, Domestic Relocation, Domestic Relocation Tips, Household Goods Movement Management, Moving Expense Deduction, Relocation Costs, Relocation Expense Reporting, Relocation Household Goods Movement | No Comments

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…

Read More
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…

Read More
Blonde woman smiling, in front of computer monitor with a world map on the wall behind her, using MyRelocation Technology

MyRelocation™ Technology is an Industry-leading Relocation Technology Solution

By | Relocation Expense Reporting, Relocation Technology | No Comments

MyRelocation Technology is an Industry-leading Relocation Technology Solution Global Mobility Solutions’ MyRelocation Technology is an industry-leading relocation technology solution. Companies that provide leading relocation technology solutions to their employees will have greater employee satisfaction and a higher rate of successful relocations. By ensuring information is…

Read More