Contact Us Now

11353 REED HARTMAN HIGHWAY
SUITE 300

CINCINNATI , OH 45241
PHONE: 513-412-3483
FAX: 513-412-3482

 
 
 

OUR FAMILY OF
STRATEGIC TAX SERVICES

News

September 24, 2018

Employer Reimbursements for Employees’ 2017 Moves are Generally Tax-free

 

IRS, IR-2018-190, Sept. 21, 2018 Español

WASHINGTON — Employer payments or reimbursements in 2018 for employees' moving expenses incurred prior to 2018 are excluded from the employee's wages for income and employment tax purposes, the Internal Revenue Service announced today.

The 2017 Tax Cuts and Jobs Act (TCJA) suspended the exclusion from income for moving expenses reimbursed or paid by an employer for most employees starting in 2018, making these amounts taxable, except for amounts for active-duty members of the U.S. Armed Forces whose moves relate to a military-ordered permanent change of station. Read the full article.


 
Back to Top