News

All Items: Moving Expenses

  • IRS Says Reimbursement of 2017 Moving Expenses Are Tax-Free In 2018

    Date:
    September 25, 2018

    The IRS has announced in Notice 2018-75 that, for federal income and employment tax purposes, reimbursements or payments an employer makes in 2018 to an employee or a moving company for qualified moving expenses incurred in 2017 are not taxable wages.

  • Business Standard Mileage Rate Decreases for 2017

    Date:
    December 14, 2016

    The IRS has issued Notice 2016-79, which provides the 2017 standard mileage rates for business, charitable, medical or moving expense purposes, and the maximum standard automobile cost used to compute the allowance under a fixed and variable rate (FAVR) plan.

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News: An explanation of the taxation of employer-provided moving expense reimbursements.