3.14.19 | Moving expenses are no longer deductible/excludable in Virginia as the state reverses earlier legislation and conforms to the Tax Cuts and Jobs Act (TCJA) of 2018. Except for military moves, relocation expenses are not deductible on 2018 Virginia…
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3.1.19 | When the 2018 Federal Tax changes made household goods and final move expenses taxable, many mobility departments considered implementing lump sum programs. By giving relocating employees one lump sum payment to cover all moving-related costs, companies assume they…
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2.15.19 | In the early months of each new year, many global mobility departments revisit their gross-up policies only to find themselves facing a myriad of options and seeking guidance. If we were to offer two pieces of advice, they…
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12.14.18 | Today the IRS announced the 2019 mileage rates. The business mileage rate has been increased from $0.545/mile in 2018 to $0.58/mile in 2019. The final move deductible rate has also been increased from $0.18/mile in 2018 to $0.20/mile in 2019….
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