Moving Household Goods is Taxing! [infographic]

Moving expenses are now taxable As a result of the recent Tax Cuts and Jobs Act, moving expenses are now taxable. This includes household goods shipping, final move airfare, temporary living expenses, and U.S. storage costs, and impacts all temporary moves.
Moving Household Goods is Taxing! [infographic]
Like

Share this post

Choose a social network to share with, or copy the URL to share elsewhere

This is a representation of how your post may appear on social media. The actual post will vary between social networks

These changes provide an opportunity to reconsider your approach to moving household goods for temporary assignments. What is best for your assignees and your organization? Household goods shipment or furniture allowanceWhich option could save a company $1 million? (Using a mobility program with 100 assignees as an example.)

Click here to view infographic >

Please sign in or register for FREE

Sign in OR sign up to become a registered The Forum for Expatriate Management website user
Subscribe here