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Is relocation reimbursement taxable? How to assess tax liability for employee relocation

Business Management Daily

Expenses that could previously be deducted on an employee’s tax return may no longer qualify, and relocation benefits that previously could be paid out without counting towards a taxpayer’s income may now result in higher tax liabilities. Previously, individuals could deduct qualified moving expenses from their personal income taxes.

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Useful Information “Nuggets” From 2023 Webinars

Money Talk

Tax Uncertainty - The tax code is written in pencil. Income taxes are headed higher in 2026 if Congress does not pass a new tax law and the 2017 Tax Cuts and Jobs Act expires. This adds a sense of urgency to tax planning strategies such as Roth IRA conversions.

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Affordable Care Act (#ACA): Don’t Forget Your 2017 Requirements!

HR Bartender

Just in case you missed it, Congress passed the “ Tax Cuts and Jobs Act of 2017 ” and it was signed into law by the President last month. Today, I want to discuss 2017. For example, organizations prepare and file their taxes. Affordable Care Act: Who Has to File in 2017. Enjoy the article!). And that might be true.

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Top Tax Tips for France

Global People Strategist

France is one of the most highly taxed countries in the world. In fact, France achieved the title of the highest taxed county in the European Union in 2017 and 2018. France is a welfare state, so naturally, it needs funds (to offer amenities and benefits) that are paid by the taxes of its French residents. Income tax.

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Updates to the Income Tax Withholding Tables and What You Need to Know

Patriot Software

Like past years, the IRS released changes to the income tax withholding tables for 2020. In addition to new wage brackets, there are significant changes to how employers will handle tax withholding. These changes are in response to the Tax Cuts and Jobs Act of 2017. When you have employees, you need to stay on […].

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An Introduction to IRMAA

Money Talk

Many are middle income taxpayers who diligently saved and invested for 4-5 decades in tax-advantaged plans. If your first thought when you hear the word “Irma” is a kindly older relative (the name was popular generations ago) or a powerful category 5 hurricane in 2017, this post will bring you up to speed about the “other IRMAA.”

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AssuredPartners Announces New Senior Vice President of Tax

AssuredPartners

National Broker Names Lesli Whisenant as SVP of Tax. LAKE MARY, FL – February 1, 2022 – AssuredPartners is pleased to announce that Lesli Whisenant has been promoted to Senior Vice President (SVP) of Tax effective January 1, 2022. Vice President of Tax at Rotech Healthcare Inc.

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